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Showing 31 - 40 of 63 results for "John Lonsdale"

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... ensure that their respective actions are appropriately coordinated and avoid unnecessary duplication. APRA chair John Lonsdale said although BOQ is financially sound and comfortably above its core capital and liquidity requirements, there are significant ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... instability. Yesterday, APRA finalised CPS 900 and its accompanying Prudential Practice Guide (CPG 190). APRA chair John Lonsdale said the finalisation of these standards is an important milestone in the regulators strategy to promote the stability of ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... events, warning economic ripple effects can still be felt across the pond. In an address on Tuesday, APRA chair John Lonsdale said no matter how resilient the nation's financial system is, what happens globally can still impact it to a greater or lesser ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
John Lonsdale will take over as chair of APRA, with Margaret Cole now a deputy chair. Lonsdale will take on the role from Monday, October 31. He has served as a deputy chair since 2018. He said that "APRA will remain focused on fulfilling its mandate ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... already made significant progress towards meeting this requirement, following the consultation in 2018. Deputy chair John Lonsdale said the disorderly failure of an APRA-regulated entity could have a significant impact on the economy and society. "Crisis ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... control framework and risk culture in its liquidity risk management and reporting. At the time APRA Deputy Chair John Lonsdale said: "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... would come into force on 1 January 2024 and one year later for super trustees for CPS 190 only. APRA deputy chair John Lonsdale said the disorderly failure of an APRA-regulated entity could have a significant impact on the economy and society. "Crisis ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... variable remuneration is equal to or greater than $1 million in a financial year of the entity. APRA deputy chair John Lonsdale said: "Effective implementation of CPS 511 will strengthen the resilience of the financial sector and rein in the kinds of ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... decisions lead to poor risk management or conduct that is contrary to community expectations," APRA deputy chair John Lonsdale said. "It ensures financial performance alone is no longer enough when companies reward employees; companies must also consider ...