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Showing 51 - 60 of 75 results for %22Prudential Inquiry%22

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
... Australian Tax Office, the Department of Foreign Affairs and Trade, ASIC, the Reserve Bank of Australia and the Australian Prudential and Regulation Authority, integrate Australia's regulatory and international process. "Fragmentation has meant Australia ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
The Australian Prudential Regulation Authority (APRA) has released the updated framework for the supervision of large financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... is the chief executive officer of Promontory Financial Australasia and was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA). He was also a part of the Wallis Inquiry into the Australian financial system and had a 20 year ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... the root causes of moral hazard than its symptoms. A big issue for the Inquiry has been whether post-financial crisis prudential regulation has gone too far in Australia. We have heard suggestions, especially on regulatory capital, that Australia's regulators ...

FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
... responsible for some massive reforms including the floating of the Australian dollar and the creation of the Australian Prudential Regulation Authority (APRA), and the current form of the Australian Securities and Investments Commission (ASIC). And now ...

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
The Financial System Inquiry should look into ways of making direct investment in infrastructure and corporate bonds more accessible to self-managed super funds (SMSFs), the SMSF Professionals' Association of Australia (SPAA) has argued. SMSFs currently ...

SMSFs need no more regulation: Treasury

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... allows individuals to take greater responsibility over their decisions without being subject to the requirements of the prudential regulatory framework. This position should be maintained," the submission argued. Treasury supported the continued role ...

ASIC should regulate SMSFs as a financial product: PwC

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
... more consumer protection and suggested that ASIC should regulate SMSFs as financial products, while the Australian Prudential Regulation Authority (APRA) should oversee and develop policy to "prevent a build-up of systemic risks related to SMSFs." The ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

ASFA and AIST push for tighter regulation of SMSFs

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
... coordination between regulatory bodies, and for there to be a requirement for them to consider efficiency as well as prudential oversight." The movement to SMSFs represents a significant outflow of funds from APRA regulated funds, particularly as SMSF ...