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Showing 51 - 60 of 2511 results for "Regulation"

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... and whether we've acted on." However, Peacock refuted his remarks and said the firm's voluntary offer of self-regulation and the suite of proposals have no teeth. "They offer no transparency, and none of the obligations that exist for the hundreds ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... The booming sector doesn't come without risk and the watchful eye of APRA, particularly as it is subject to lighter regulation. "It is important to note, however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... across private markets over time, particularly in light of the changing banking landscape," the note read. Tighter regulation requires banks to have more capital and hold more liquidity, PIMCO said, adding that their liquidity-intermediation capacity ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
The West Australian scheme is now offering members a dedicated ESG option, managed by Pendal. The Sustainable Balanced investment plan was made available to members of GESB Super, West State Super and Retirement Income Allocated Pension members on September ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... to implementing environmental, sustainability and governance principles into their investment practices. But greater regulation and higher stakeholder expectations means that more is expected from Australia's super funds than ever before." Dunnin ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... Life and reduce earnings volatility," he said. Later in 2017, amid "structural changes" in the insurance industry and regulation, AMP revealed it was "well progressed" into a portfolio review of its wealth protection and mature life businesses, noting ...

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
The corporate regulator has made several executive changes within its enforcement and compliance, regulation and supervision and markets group teams. ASIC's current senior executive leader, investigations Chris Rowe has been promoted to the role of ...