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Showing 1 - 10 of 1230 results for "Consultation"

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... adopt the standard as soon as possible, and no later than 1 July 2026. ASFA said it led detailed collaboration and consultation with the superannuation sector on the new standard, involving funds, insurers, administrators and other industry associations ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ...

ASFA, JANA release draft guidance on operational due diligence

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... management operational due diligence ahead of Prudential Standard CPS 230 Operational Risk Management. Shaped through consultation with the industry, key updates to the draft guidance include updates to align better with CPS 230 and CPS 234, encouragement ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... five years. It also calls for greater transparency around where the money is invested, and opportunities for member consultation in this regard. "It's 2025. Investing our union's pension in fossil fuels is like betting on Blockbuster in a Netflix world. ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
ASIC has released a consultation paper to seek feedback on whether the Corporations Act should apply to trade union redundancy funds. Consultation Paper 384, Employee redundancy funds, will seek feedback on whether ASIC should have the power to regulate ...

New SMSF industry body launches

KARREN VERGARA  |  THURSDAY, 19 JUN 2025
... mission of the council is to create opportunities for technology development, knowledge-sharing and public-private consultation needed to incorporate aspects of the digital economy into diversified retirement portfolios, while ensuring trustees navigate ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... financial services industry to see those entities that have contributed to the cost of the CSLR," they said. The consultation, which ended on June 13, proposed changes to AFCA's rules to reflect a recent authorisation condition issued by the federal ...

Fin365 to build one-stop-shop for financial firms

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... improving the access and affordability of financial services." The acquisition comes as more are looking for technology consultation with "overwhelming" demand at the rapid rate of innovative developments in the space. "... we have a situation where ...
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