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Showing 831 - 840 of 2022 results for "Legislation"

AFA praises FASEA's 'sensible' first priority

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... beginning as ensuring the next generation is ready to meet consumer needs is key to setting the Professional Standards legislation in motion. "This is the first step necessary to provide certainty to those wishing to join the profession. Of course the ...

FASEA announces first focus

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... adaptation of the framework, so as to develop a FASEA Standard that is responsive to the broader requirements of the legislation and industry needs. As for existing financial advisers and what will be required of them by 1 January 2024, FASEA chief executive ...

Fintech regulatory sandbox draft legislation released

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
The Federal Government has released regulatory sandbox 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 ...

BEAR should apply to insurance bosses: Spot poll

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... executives. Last week, the Turnbull Government referred its 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 ...

BEAR closer to legislation

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
The Banking Executive Accountability Regime (BEAR) is one step closer to being legislated with the Turnbull Government yesterday referring its Bill to the House of Representatives. Incorporating the Treasury Laws Amendment (Banking Executive Accountability ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... superannuation governance, transparency and member outcomes. APRA deputy chair Helen Rowell told the Senate Economics Legislation Committee aiming to address weaknesses in the superannuation regulatory framework that increasing APRA's power and control ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... according to the Bill's explanatory memorandum. Scheerlinck said: "The removal of the equal representation model from the legislation will remove the guaranteed voice of the members and of the employers, which currently ensures a balance in decision-making ...

Digital assets overlooked in estate planning

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2017
... businesses, particularly given the terms of service and privacy policies of content providers and lack of unified legislation in the area, the report said. Charles Sturt University finance professor Adam Steen said this should be a wakeup call for business ...

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... similar to judicial review should be retained," the AIST said. "In an environment where Australians are compelled by legislation to contribute a substantial percentage of their income into superannuation accounts and decisions relating to those accounts ...

BEAR cracks down on executive pay

KARREN VERGARA  |  MONDAY, 25 SEP 2017
The Banking Executive Accountability Regime draft legislation could force banks to defer a large portion of executives' remuneration if they breach accountability obligations. The Treasury Laws Amendment (Banking Executive Accountability and Related ...