Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 531 - 540 of 979 results for "Financial System"

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
... Armour. "ASIC has as a priority to promote confident and informed participation by investors and consumers in the financial system. This is achieved through our role in market supervision and competition, and corporate governance. "We have a strong regulatory ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... managed." He added there are key reforms ASIC would like to see in the future which have been recommended by the Financial System Inquiry, including giving ASIC greater powers to ban bad managers and executives. "We recognise it's not just the frontline ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
In its final Financial System Inquiry (FSI) submission to the Treasury, the Financial Services Council (FSC) has petitioned Government to allow APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles ...

Larry Fink warns of bubble in income assets

MARK SMITH  |  FRIDAY, 17 APR 2015
... said, adding: "This increasingly desperate search for yield is now the greatest source of prudential risk in the financial system." According to the BlackRock co-founder the problem is most acute for investors nearing the end of the accumulation phase. ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
... compensation scheme is the missing piece from regulatory discussions and suggested improvements in Australia's financial system. The call comes as part of the service's submission to the Financial System Inquiry Final Report which is aiming to map a ...

Even simple funds pose risks: IMF

DARREN SNYDER  |  FRIDAY, 10 APR 2015
... supervision with better data and oversight of an asset management industry that is playing a rising role in the financial system. Chief at the IMF's global financial stability analysis division, Gaston Gelos, said attention to possible risks related ...

Digital currency continues to be monitored: RBA

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... alternative mediums of exchange such as digital currencies, consistent with the observations of the final report of the Financial System Inquiry." The RBA noted digital currencies have the potential to raise more immediate concerns over issues relating ...

Regional banks call for FSI reforms without delay

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... Australia's four leading regional banks raised three key issues in their submission to the federal government's Financial System Inquiry Final Report recently. Regional banks including Suncorp Bank, ME Bank, Bank of Queensland and Bendigo and Adelaide ...

FSI must lift value in super system: AVCAL

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... retirement incomes. The call comes as one of four key issues raised by AVCAL in its submission to the government's Financial System Inquiry Final Report due last month. AVCAL recommends "disclosure settings for superannuation funds should be designed ...

FSI submissions close

DARREN SNYDER  |  TUESDAY, 31 MAR 2015
Public submissions on the federal government's Financial System Inquiry Final Report close today. Provided about four months to comment, it is expected all financial service sectors will contribute their thoughts on the government's 44 recommendations ...