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Showing 51 - 60 of 979 results for "Financial System"

New chief executive takes IFPA helm

STAFF WRITER  |  WEDNESDAY, 6 AUG 2025
... mission: to provide accessible, practical support and a strong voice for the professionals who keep Australia's financial system running, and to foster a professional community that supports them at every stage of their career."

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... who provide financial and credit services and ensure informed participation of investors and consumers in the financial system." "Mr Beresford has been convicted of offences involving fraud or dishonesty, and therefore ASIC's power to make a banning ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Project Acacia - first announced by the Reserve Bank of Australia (RBA) and Treasury back in September 2024 - will now include industry participants to explore how digital currencies and existing settlement infrastructure might support the development ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... Under new the legislation, ASIC is primarily responsible for the licensing regime, while the RBA will oversee the financial system stability and supervise CS facilities licensees to reduce systemic risks. "The RBA now has powers to step in and promptly ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... was rated particularly high among superannuation trustees. Financial risks such as credit risk and market risk, financial system stability, and climate risk, received a critical and high-risk rating of 32%, 27%, and 21%, respectively. Additionally, 13% ...

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... paper, Super Members Council (SMC) said superannuation investments in the private sector can drive long-term financial system stability and prosperity for Australians. SMC compared three asset classes: Australian listed equity, international listed equity ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
The country's financial services regulator unveils its 'capacity building' plans as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... step in establishing an innovative platform that offers a "new foundation" for the global economy. "The global financial system wasn't built for today's borderless economy. Too many businesses are held back by legacy infrastructure that's slow, costly ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... manner. "SMRs provide AUSTRAC and our law enforcement partners with information about suspected misuse of the financial system and this information goes on to trigger countless criminal investigations each year," Thomas said. "We take timely SMR reporting ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... counter-cyclical investors, potentially driving more pro-cyclical behaviour and amplifying risks within the economic and financial system. "Counter-cyclical investing has benefited the economy by injecting liquidity into the market during downturns ...