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

Search Results

Showing 541 - 550 of 2881 results for "Standards"

Canadian-based data platform wins ISPT mandate

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... The base building will operate on 100% renewable energy and be carbon neutral from day one of construction, with these standards to continue indefinitely. The final product, scheduled for completion in mid-2023, will be home to TAL, scheduled to move ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
APRA has removed Westpac's liquidity add-on after finding it breached prudential standards. The 10% add-on was applied to the net cash outflow component of Westpac's liquidity coverage ratio (LCR) and will no longer be included from today. In a statement ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... and fairly," ASIC said. Justice Charlesworth said ZIB's conduct constituted "a serious departure from reasonable standards of performance of advice." ASIC deputy chair Sarah Court said ASIC took on this case because of concerns that personal advice ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Treasury has kicked off its review of adviser professional standards with a consultation paper that outlines its proposed new pathway for experienced advisers. The government's position has been that a minimum of 10 years' experience and a clean ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... resolution practices by analysing data and reviewing complaint responses, to assess trustees' compliance with new enforceable standards. As well as review trustees' implementation of the Retirement Income Covenant and communicate its findings to drive ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... cryptocurrencies, and the implementation of the ASX's DLT-based replacement for CHESS. "Innovation, digital asset evolution and standards will be critical to achieving efficiency in custody and investment administration " He added that the association ...

MLC Asset Management grows managed accounts offering

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... advisers to utilise, we have taken the opportunity to align the existing portfolios naming convention with industry standards, while also more simply and transparently conveying the nature of their expected risk." Additionally, MLC managed accounts have ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... executive Sarah Abood said. "Financial planners currently face considerable uncertainty regarding future professional standards, and many have paused or postponed studies until the outcome is known. Hence we believe the resolution of this matter is of ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... superannuation performance by continuing to rectify sub-standard practices through robust supervision, strengthening prudential standards and reinforcing minimum expectations. Particularly around fund expenditure including trustees' practices as ...