Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 801 - 810 of 2807 results for "Regulation"

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... really is about prioritising and managing these complex challenges - insurers need to ensure a tactical response to regulation does not result in more remediation issues." However, Kells urged onlookers to remember the underlying premise of life insurance ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... said the regulator would exercise the new approach with a level transparency unprecedented among global prudential regulation, which he hopes will help elevate GCRA issues in the minds of financial services directors. "APRA is committed to harnessing ...

Chief executive banned for paying wife

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... small mutual insurer has copped two large fines and a ban from the UK's Financial Conduct Authority and Prudential Regulation Authority after he paid his wife close to $400,000 to reduce his personal tax liability. Stuart Forsyth was chief executive ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... He explained that the increase in RMBS issuance by non-banks in Australia was in line with tighter supervision and regulation of mortgage lending by banks. The RBA said that it, along with the Council of Financial Regulators (which includes ASIC and ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... platform operators are not recognised as "associates". The FSC is asking for the Corporations Act to be amended (or a regulation) to broaden the definition of excluded conduct to include such situations. "A large proportion of retail financial products ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... for improvement, so the public could be "sure that for-profit providers aren't hiding behind lack of data to avoid regulation". "We look forward to APRA addressing any underperformance identified through this enhanced data collection," Scheerlinck sa ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
With interest rates at record lows, Fidelity International believes investing in emerging markets may be the saving grace for many investors feeling the pinch. Speaking at the Fidelity Emerging Markets Adviser Forum in Sydney, Fidelity's cross asset ...

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
... referred to ASIC by the ATO under the SIS Act, with the two organisations engaged in a close relationship over the regulation of SMSF auditors.

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... trustees are in the best position to manage product offerings that strike a balance between the three, instead of blanket regulation. "And to be frank, among our membership and in the broader population, there remains the more significant problem of ...