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Showing 601 - 610 of 1883 results for "Authority"

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... years. The TPB's investigation uncovered that Tong changed the bank account details of two clients to her own, without authority. She subsequently lodged income tax returns and business activity statements on behalf of one client who was no longer trading ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...

VFMC chief joins ING board

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... Mutual. ING's board is chaired by John Laker, who spent a decade as the chair of the Australian Prudential Regulation Authority (APRA). Other non-executive directors on its board include: Amanda Lacaze (chief executive of Lynas Corporation), Nancy Fox ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... portfolio. Now, the Teamster Members Retirement Plan, and the pension schemes for New York's Metropolitan Transportation Authority and Blue Cross Blue Shield Association, have also filed similar lawsuits. Reuters reports that around US$4 billion ...

FCA reviews regulation of foreign financial services firms

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
The Financial Conduct Authority is reassessing how it should authorise and supervise foreign firms providing financial services in the UK as the Brexit transition period ends. The FCA announced it launched the consultation process in anticipating an ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
... management, with US$65 million of this invested in its Bermuda-based master fund, regulated by the Bermuda Monetary Authority. The master fund has been investing in life settlements since April 2013, with the fund manager arguing that life settlements ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
The Australian Financial Complaints Authority has revealed the breakdown of what was complained about between 3 March 2020 and 31 August 2020. Superannuation complaints were dwarfed by other industries with just 817 of the 7420 total. Travel insurance ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... needs to be uploaded to a separate banking portal. "The person uploading the SuperStream file might not have access or authority to release payments and may need to coordinate with a senior manager or director to release the payment file to authorise ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined benefit scheme for workers in the aviation industry. BlackRock will build custom portfolios ...