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Showing 41 - 50 of 578 results for %22Prudential Regulation Authority%22

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... exclude from advice consideration any of the 12 retail life insurers regulated by the Australian Prudential Regulation Authority. "Heavily restricted life insurance APLs are still the norm and not even heat from the recent Financial Services Royal Commission ...

Cbus veteran moves to APRA

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
... (company secretary) and compliance at Cbus and is now risk specialist, governance at the Australian Prudential Regulation Authority. Before moving into the head of governance role, Thurstans spent over 18 years as executive manager of governance and ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
The Australian Prudential Regulation Authority will not appeal the Federal Court decision to dismiss its court action against IOOF. The case related to the management of conflicts of interest, the appropriate use of superannuation fund reserves and ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
The Australian Prudential Regulation Authority has labelled its failed action against IOOF and five of its senior officers as a test case. APRA deputy chair Helen Rowell said the regulator was disappointed by the decision last week but added the case ...

APRA opens margin requirement talks

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... million threshold. Additionally, the prudential regulator proposes to add its UK counterpart, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority to the list of foreign bodies eligible for substituted compliance with APRA's ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... following a landmark review that will force it to overhaul its entire structure. The Australian Prudential Regulation Authority Capability Review report, which was spearheaded by former ACCC chair Graeme Samuel, handed down 24 recommendations that seek ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... finally stepping into the chief executive role. The Reserve Bank of New Zealand and Australian Prudential Regulation Authority were notified of the change in leadership. Antonia Watson is now acting as chief executive for the New Zealand arm of the bank. ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... saves nine, Chris. A small 25 basis point reduction in borrowing costs - especially perfectly timed with the Australian Prudential Regulations Authority's (APRA) announcement its ditching its minimum 7% serviceability interest rate banks are required ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... collapse in 1997/98, the US recession in 2001 and the Global Financial Crisis in 2008. Not only that, the Australian Prudential Regulations Authority's (APRA) announcement it is ditching its minimum 7% serviceability interest rate banks are required ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... more. Not only that, a small 25 basis point rate cut - especially when it comes perfectly timed with the Australian Prudential Regulations Authority's (APRA) announcement it is ditching its minimum 7% serviceability interest rate banks are required ...