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Showing 71 - 80 of 263 results for "Financial stability"

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
... In his speech before The Economic Club of New York on "The Federal Reserve's Framework for Monitoring Financial Stability," Powell declared: "Interest rates are still low by historical standards, and they remain just below the broad range of estimates ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... usage doesn't challenge the bank's mandate (for example, to promote competition), monetary policy or financial stability mandate. "There are only very limited links from cryptocurrencies to the traditional financial sector. Indeed, many financial ...

Instos partner with Canadian government

JAMIE WILLIAMSON  |  THURSDAY, 7 JUN 2018
... representatives of the partner institutions and outside consultants will assess efforts by various groups to adopt the Financial Stability Board's Task Force on Climate-related Financial Disclosures. They will then devise a unified approach and publish ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
... strong culture of customer and client-focused, ethical professionalism in banking, contributing to improved financial stability. The institute said in April that Australian consumers cared less about Royal Commission findings and were more concerned ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... definitely welcome this orderly slowdown in property price growth, particularly in terms of its efforts to lessen financial stability risks in the economy. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked ...

Climate change a real risk for investors: Poll

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, to address systemic financial risk posed by climate change, the report ...

Industry fund chases insurance giant on climate risk

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
... challenge for the company, with material ramifications for shareholders." The TCFD was established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, in order to address systemic financial risk posed by climate change. ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... exactly what the RBA and the Australian Prudential Regulations Authority (APRA) intended in order to reduce financial stability risks in the economy. APRA limited interest-only loans to 30% of total new housing credit in March last year. This followed ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... also investigate the regulators' ability to identify and address misconduct, but will not investigate the financial stability or the resilience of banks, or the conduct of self-managed superannuation funds. Prime Minister Malcolm Turnbull and Treasurer ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... during which time he also acted as chair of the Australian Council of Financial Regulators, was a member of the Financial Stability Board and sat on a range of G20 committees. A professional economist, Stevens is credited with developing Australia's ...