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Showing 681 - 690 of 2575 results for "Treasury"

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Asset consultant expands into retail market JANA said it will be expanding its service offering to financial advice and ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... track to moderately exceed 2% for some time." "In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Its remaining functions, such as exam administration, will be taken over by the Financial Services and Credit Panel (FSCP). ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... team. Justin Burman is moving into the role as Citi Australia continues to transition custody clients from RBC Investor & Treasury Services after a March agreement between the two. Burman has 25 years of financial services experience. For the past 16 ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC, Treasury and the Reserve Bank of Australia (RBA), met for its quarterly meeting and acknowledged member concern on market functioning ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... Recommendation 7.1, which calls for a new model to regulate tax (financial) advisers in consultation with ASIC, FASEA, the TPB and Treasury, Assistant Treasurer Michael Sukkar said. Recommendation 7.1 also suggests there should be a single point of registration ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... comparison tool, as well as accountability and transparency obligations that will put trustee spending under the microscope. Treasury Laws Amendment (Measures 4 for a later sitting) Bill 2020: Best 5 Financial Interests Duty will force trustees to be ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...