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Showing 1 - 10 of 82 results for "European Commission"

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... there is currently no real consensus on how to regulate AI - if at all. Pointing to global counterparts, the European Commission has led by proposing an AI law. It takes a risk-based approach, while prohibiting some particular forms of AI, he said. In ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
... proper functioning of capital markets and helps protect shareholder value. "Other jurisdictions, like the European Commission, have implemented similar requirements, including enshrining the important principle of double materiality in disclosure standards," ...

Family offices look to infrastructure for alpha

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... investments, supported by historically large policy initiatives such as the US Inflation Reduction Act and the European Commission's Green Deal Industrial Plan," the report said. "The enthusiasm for infrastructure in part reflects the ways it has expanded ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... attacks from Belarus. The Australian government supports economic restrictions on Russia put in place by the European Commission, France, Germany, Italy, the United Kingdom, Canada, and the United States. These measures include the removal of selected ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... bolder appetite in dealing with serious misconduct. Herbert Smith Freehills said it has also observed the European Commission step up enforcement, with the announcement of its intention to launch a series of dawn raids and investigations against suspected ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... merger was first announced on 9 March 2020. Shareholders of both approved the merger in August 2020, as did the European Commission. However, locally, the Australian Competition and Consumer Commission said in February that it believed the merger would ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
UBS, Nomura and UniCredit were fined a total of $585 million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... average of €120B in the five years pre pandemic". And why shouldn't they be? There's money from the European Commission (EC). It has approved the "NextGenerationEU" package - worth €750 million - "to help repair the economic and social damage ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
It's beginning to look a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles Michel and UK Prime Minister Boris Johnson on 30 December ...
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