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Showing 521 - 530 of 1868 results for "Authority"

FASEA chair to remain

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
The chair of the Financial Adviser Standards and Ethics Authority (FASEA) has been reappointed and will continue in the role on a part-time basis until the organisation is wound up. Minister for superannuation, financial services and the digital economy ...

BGL expands product range overseas

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... Business Reporting Language (XBRL) filings, which are documents submitted to the Accounting and Corporate Regulatory Authority (ACRA). BGL managing director Ron Lesh said the team has been working tirelessly to build CAS 360 Singapore, adding that the ...

APRA to overhaul offshore reinsurance standards

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... life insurers placing business with offshore reinsurers has been a prudential concern, as APRA does not have regulatory authority over these reinsurers. This has limited our ability to maintain appropriate oversight of the financial safety and resilience ...

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
... prospectus designed to convince victims to purchase non-existent investment products. The Australian Financial Complaints Authority alerted consumers of the spike in finance-related scams, which made up 23% of the 34,047 new complaints in the six months ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
Following multiple breaches to prudential and reporting standards, the Australian Prudential Regulation Authority (APRA) has hit Macquarie Bank with increased liquidity and operational risk capital requirements. Macquarie Bank breached APRA's reporting ...

Hume expands portfolio

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding it down to introduce a single disciplinary body. In welcoming the new taskforce Hume is to help steer ...

Multi-boutique adds partner

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... London-based private markets manager. Pacific Current Group (PAC) has received approval from UK's Financial Conduct Authority (FCA) to invest in Astarte Capital Partners, after entering a purchase agreement on December 24. PAC is paying GBP4.4 million ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australian Prudential Regulation Authority has released its final reporting standards for the first phase of the Superannuation Data Transformation (SDT) as it looks to clear out underperformers. Phase one addresses the most urgent gaps in APRA's ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told Financial Standard Mayfair is not a member and therefore the body cannot accept complaints ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... licensing system, with more than 1700 transitional licences approved and nearly 1000 authorised bodies," Financial Markets Authority director of market engagement John Botica said. "Anyone who is not operating under a transitional Financial Advice Provider ...