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Showing 51 - 60 of 91 results for "Wayne Byres"

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... same. In the same period, the total number of APRA-regulated funds has dropped from 2149 to 2004. Last week APRA chair Wayne Byres told the Senate Economics Legislation Committee the regulator has "upped the ante" over the past year in identifying underperforming ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... 12 months, at least 13 have moved to do so. And a further three could also be headed for the exit door, APRA chair Wayne Byres said. Appearing before the Senate Economics Legislation Committee yesterday, Byres said the regulator has "upped the ante" ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... Bank was the first new retail-focused bank to be granted a licence since the early 2000s. In May 2018, APRA chairman Wayne Byres supported the proposed regulatory reforms. "By making it easier for aspiring ADIs [neobanks] to enter the market, APRA hopes ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... it decided to take a firm hand and commence proceedings against IOOF in the Federal Court of Australia. APRA chair Wayne Byres recently told the last round of the Royal Commission that the prudential regulator is still uncertain in how it will enforce ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA's handling of NAB and AMP fee for no service scandals were in the spotlight as chairman Wayne Byres was asked about the regulator's superannuation work in the final hours of the Royal Commission's public hearings. The prudential regulator reviewed ...

APRA not clear how to police BEAR breaches

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA chair Wayne Byres said the prudential regulator still hasn't locked in how it will enforce the BEAR regime if a bank executive breaches it, five months on from the change. Continuing his testimony on the Royal Commission's final day, Byres told ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byres for five years. The prudential regulator will welcome an extra $58.7 million in funding over the next four years, in a ...

APRA readies ADIs for BEAR

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... to deliver on their accountabilities, and that there is a robust framework for identifying any breaches. APRA chair Wayne Byres said many problems that have arisen in the financial system over recent years have had, at their heart, organisational complexity ...

APRA will rethink how it assesses risk: Byres

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
APRA chair Wayne Byres says the regulator will "clearly need to reflect" on the way it thinks about risk after Royal Commission revelations, but the financial services industry needs to step up to change its culture. "I'm not going to give a full response ...

Increasing trust not up to APRA: Byres

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... prudential regulator. Speaking at the Annual Risk Management Association CRO conference in Sydney this week, APRA chairman Wayne Byres said the Royal Commission brought many well-known industry issues before the eyes of the public for the first time. ...