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Showing 811 - 820 of 1927 results for "Treasurer"

BEAR has 'teeth': Treasurer

KARREN VERGARA  |  MONDAY, 30 OCT 2017
... their obligations under the Banking Executive Accountability Regime will face much tougher penalties and consequences, Treasurer Scott Morrison warns. Morrison told the Financial Services Council and BT Political series breakfast this morning that the ...

Fintech regulatory sandbox draft legislation released

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... draft legislation in an effort to allow fintechs to test financial services and products without the burden of an AFSL. Treasurer Scott Morrison said the proposed legislative package supports the fintech industry which has propelled Australia to become ...

BEAR should apply to insurance bosses: Spot poll

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... Bill to the House of Representatives. Introducing the legislation would "enact landmark financial services reform", Treasurer Scott Morrison said, adding it would impose tough new rules and greater accountability to bank executives. It would also mean ...

BEAR closer to legislation

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... Related Measures) Bill 2017 to the Banking Act will bring tough new rules and greater accountability to bank executives, Treasurer Scott Morrison said. "Under the BEAR, banks and their senior executives and directors will be expected to conduct their ...

Government names new ASIC chair

ALEX BURKE  |  TUESDAY, 17 OCT 2017
... quality of financial advice and financial literacy, and the establishment of a national business names register." Shadow Treasurer Chris Bowen welcomed the news of Shipton's appointment, saying the incoming chair "possesses a good mix of corporate experience ...

ASIC chair nominee withdraws candidacy

ALEX BURKE  |  FRIDAY, 13 OCT 2017
... a merit based selection process for the new chair of ASIC." O'Sullivan's nomination was roundly criticised by Shadow Treasurer Chris Bowen, who said Labor would not support it on the grounds that O'Sullivan "threatens the independence of, and bipartisan ...

BEAR cracks down on executive pay

KARREN VERGARA  |  MONDAY, 25 SEP 2017
... will make banks and its senior executives and directors "accountable for meeting heightened standards of behaviour," Treasurer Scott Morrison said in releasing the BEAR draft bill. Morrison flagged stricter accountability obligations for banking and ...

Hastings names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
... addition to having served as chief financial officer of Westpac's institutional bank, Winder was previously international treasurer for Merrill Lynch working across London, Tokyo and Sydney, and has also held roles with UBS and Bankers Trust Australia. ...

Labor rejects ASIC chair nominee

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
Shadow Treasurer Chris Bowen slammed the Turnbull Government's decision to proceed with its nomination for ASIC's next chair. Bowen said Labor "makes it very clear" it will not support the appointment of Credit Suisse chair and former CBA general counsel ...

Retail investors given equity crowdfunding boost

ALEX BURKE  |  THURSDAY, 14 SEP 2017
... important for innovative, early-stage businesses that may have difficulty accessing funding from traditional sources," Treasurer Scott Morrison said. "As part of this Bill, proprietary companies wanting to access equity crowdfunding will no longer have ...