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| | | APRA is undertaking its first exploratory system risk stress test for superannuation funds and major banks, it revealed in its inaugural System Risk Outlook report. The prudential regulator said the new system risk stress test would be completed in ... |
| | | | ... greater number of their members reach retirement. Miller said that while money laundering has primarily been an issue for banks, the superannuation sector needs to prepare for an uplift as nefarious actors take advantage of a system that is less prepared. ... |
| | | | ... previous experience includes Oliver Wyman, where he ran Basel II AIRB and mortgage book optimisation programs for domestic banks, and PwC, focusing on operational risk and sustainability across industries including mining, oil and gas, utilities, manufacturing ... |
| | | | ... their potential impacts on our portfolio." "To protect member returns, a couple of months ago we exited holdings in several banks listed on the Tel Aviv Stock Exchange and bonds issued by the state of Israel due to an assessment of higher risk," a HESTA ... |
| | | | ... AMP Capital, including several years based in Tokyo as chief executive Asia Pacific and other senior capacities at major banks including HSBC, Commonwealth Bank, and Westpac. Prior to his role at Selfwealth, Keary was chief executive Asia Pacific for ... |
| | | | ... the top ASX 50 returns and over the last five years more than 50% of the ASX 50 index returns have come from the big four banks and financials, making portfolios with ASX 50 exposure vulnerable to sector concentration risks." "Mid caps in contrast, deliver ... |
| | | | ... the financial services sector, which accounted for 14% of the total respondents, better deal conditions stem from major banks nearing the end of leadership changes or making progress on major technology programs. Regulation has also become "less of an ... |
| | | | ... provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance on governance ... |
| | | | ... "Over the past 12 months we have looked at more than 500 credit investment opportunities. With continued dislocation across banks, listed real estate, infrastructure, farmland and resources, the demand for private capital has never been higher, and Regal's ... |
| | | | ... that we have to work very hard to get those [deals] because we are looking in areas that are not serviced by either the banks or other private credit providers. "The reality is that we manage one portfolio with one management team, because what that ... |
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