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Showing 61 - 70 of 576 results for "Scrutiny"

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... outcomes, member outcomes, and expenditure are three other core areas of supervision. APRA warned it will "maintain intense scrutiny of fund-level expenditure to hold RSE licensees accountable for improving practices, reducing spending that is deemed ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... more to communicate with Australians who reach out. Mulino also noted ASIC had been subject to extensive parliamentary scrutiny over the past three years, including by other committees. "Similar to our colleagues on the Parliamentary Joint Committee ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... have increased in recent times and so increased diligence is required." The announcement comes amid ASIC's increased scrutiny of private markets, particularly private credit where the corporate watchdog is paying heightened attention to. According to ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
... value proposition highly. Mercer also emphasised the importance of addressing regulatory "hotspots," noting increased scrutiny from APRA and ASIC through industry reviews and enforcement actions. "This includes a focus on retirement income delivery ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... entities nested within larger corporate groups - while imposing a 10-year limit for non-executive directors. This comes amid scrutiny of governance failings, including an independent review of Cbus, which found scant evidence of its relationship with ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... around treatment of upfront fees, management of conflicts of interest and valuation practices will continue to come under scrutiny both by regulators, media, and other investors in the fund."

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... already acquired or are proposing to acquire vacant residential or non-residential land will be subject to heightened scrutiny by the ATO and Treasury to ensure they comply with development conditions, Chalmers said.

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... expenditure arrangements, BUSSQ opted to challenge the licence conditions, steadfast that it had already undergone extensive scrutiny by the regulator over the past two years "without any adverse findings." BUSSQ chair Chris Taylor previously said the ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... in assets across the industry over the same period, said APRA deputy chair Margaret Cole. "Increased transparency and scrutiny of super fund expenditure are crucial since trustee decisions have direct implications for their members," she said. "The first-time ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... simple task for a low fee, that auditor may not be completing the job adequately and properly giving rise to a risk of scrutiny of both the approved SMSF auditors and the SMSFs they audit by the regulators. "Potential penalties can apply including to ...