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Showing 31 - 40 of 101 results for "Financial Regulators"

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... performance over most asset classes and most investment horizons, we also note the increasing focus from financial regulators on the need for superannuation trustees to consider systemic risks of climate change," the submission reads. "It would be helpful ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... in commercial litigation with an emphasis on financial services," Frydenberg said. "Strong and effective financial regulators are vitally important to maintaining the community's trust and confidence in the financial system." APRA said given Cole's ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... Hostplus is not keeping up with its peers. "Even if Hostplus is determined to ignore the science and the financial regulators, it needs to listen to its members," Market Forces asset management campaigner Will van de Pol said. "As the default super fund ...

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
Australia's financial regulators are keeping a watchful eye on the Australian Securities Exchange (ASX) after its operational outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... despite a previous report's recommendation to do so. David Murray's Financial System Inquiry recommended the financial regulators undergo periodic capability reviews. As a part of this, ASIC's capability review in 2015 was chaired by Chester. Among its ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... financial crime able to perceive the Treasury Department as an agent that is protecting the failures by the financial regulators and allowing ordinary Australian to suffer the consequences?" he said. Shipton was paid relocation expenses of $118,5557 ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... participants," ASIC commissioner Cathie Armour said. ASIC and the RBA, as well as the broader Council of Financial Regulators and the ACCC, were closely supervising the ASX's conduct during the replacement program. "The regulatory expectations seek to ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... provide liquidity assistance to super funds. APRA chair Wayne Byres said the issue was raised at the Council of Financial Regulators - which includes ASIC and the RBA - in the "early days" of the pandemic, when forecasts around the use of the ERS were ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... pressure amid the fallout from COVID-19. Locke said the ombudsman's approach would mirror that of the Council of Financial Regulators; adjusting initiatives to allow financial institutions to focus on their businesses and customers. AFCA has established ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... pass on the RBA's emergency rate cut yesterday, which saw the cash rate hit a new historic low of 0.25%. Financial regulators have also jumped on board to help struggling businesses with APRA lowering bank capital requirements. APRA chair Wayne Byres ...