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Showing 981 - 990 of 1799 results for "Regulation 2014"

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... will report to the government in the next 12 to 18 months. The government has left the door open to introduce limited regulation "to address future remuneration structures that may be inadvertently captured by the ban on conflicted remuneration," the ...

FoFA changes to be tabled today

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The government's amendments to the Future of Financial Advice (FoFA) are due to be tabled in federal parliament today. It is not clear whether the government will introduce all or some of the amendments to parliament. Dante De Gori, general manager ...

APRA gets Basel III tick

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Basel Committee on Banking Supervision has graded Australia's capital regulation framework as 'Compliant' with the Basel III standards. Australia's is the eighth regulatory framework to be graded by the Basel Committee. Others include the United ...

Consumers join FoFA debate

JAMES FERNYHOUGH  |  TUESDAY, 18 MAR 2014
Consumers have added their voice to the debate over the government's amendments to the Future of Financial Advice (FoFA) reforms, with the launch of the 'Save Our FoFA' campaign. The campaign, started by consumer advocate Christopher Zinn, aims to raise ...

ASFA calls for consistent global regulatory standards

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
The global pension community must work together to achieve consistent regulatory frameworks, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at the ASFA's third Asia-Pacific Pension ...

Industry asked for views on managed investment schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
The Corporations and Markets Advisory Committee (CAMAC) has called for submissions to a new discussion paper on the regulation of managed investment schemes (MISs). The discussion paper follows a report on the subject of MISs published by CAMAC in 2012. ...

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Planned changes to the regulation of managed discretionary accounts (MDAs) will not go ahead, the Australian Securities and Investments Commission (ASIC) has announced. In a consultation paper released in March last year, ASIC put forward a lengthy ...

Regulators must enforce rules, not write them: Brogden

JAMES FERNYHOUGH  |  FRIDAY, 28 FEB 2014
The Murray inquiry must review the role of the financial regulators to ensure that they remain within their remit of regulation enforcement, Financial Services Council (FSC) chief executive John Brogden has said. Speaking at the launch of the FSC/Deloitte ...

FoFA changes could start before May: Sinodinos

LAURA MILLAN  |  WEDNESDAY, 26 FEB 2014
... Parliament in due course, which will or will not pass," Sinodinos said. He added that the amendments passed through regulation "will come into place when the government signs them," which could be "earlier than May." During the session, the Committee ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
The Financial Services Council (FSC) has called for superannuation to be taken out of the modern awards system, a move it believes would improve competition among super funds and ultimately benefit members. In its submission to the government discussion ...