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Showing 61 - 70 of 296 results for "Financial stability"

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... the executive order outlines the first whole-of-government strategy aimed at protecting consumers, ensuring financial stability and national security, and addressing associated climate risks. The order lays out a national policy for digital assets across ...

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
... payment option, it may also have downsides. "They include how to ensure a CBDC would preserve monetary and financial stability as well as complement existing means of payment," the Fed said. "Other key policy considerations include how to preserve the ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... entities to gauge the alignment between their management of climate change financial risks, the guidance and the Financial Stability Board's Taskforce for Climate-related Financial Disclosures.

Regulation, industry to curb greenwashing

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... sustainable funds to prevent greenwashing, according to the International Monetary Fund (IMF). The IMF's Global Financial Stability Report said that $20 trillion is required over the next two decades alongside strong fiscal policies and regulation to ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... income, others might step into the fold or increase mortgage sizes to compensate," he added. "The benefits to financial stability are up for debate, but it's very likely that such a move would knock more first homebuyers and single income earners out ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... housing system outcomes have exacerbated inequalities of both income and wealth, compromised economic and financial stability and negatively impacted labour productivity. Compounding the issue, they argued, is a dearth of skills, institutions, and governance ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... contracts using USD LIBOR as a reference rate as soon as practicable and no later than 31 December 2021. The Financial Stability Board supports the adoption of overnight risk-free rates where appropriate, and recognizes the role of forward looking risk-free ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for April, the RBA praised super funds' management of liquidity pressures throughout 2020, particularly the impact ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... reporting standards advocated by the Taskforce on Climate-related Financial Disclosures which was set up by the Financial Stability Board internationally." CSC chair Patricia Cross also was clear that the fund favours engagement over divestment. "CSC ...

IOOF firms abandon ship

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
... network marks further growth for Count Financial after Plan Protect and YS Financial Planning from Sydney and Financial Stability from Melbourne joined last month. Count Financial chief advice officer Andrew Kennedy said the licensee continues to target ...