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Showing 1 - 5 of 5 results for "Financial Accountability Regime"

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... Further to this, ASIC will work on preparing the industry for compliance with standards Such as the Financial Accountability Regime, reforms in superannuation and insurance, breach reporting, and the design and distribution obligations. In terms of its ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
The government on Friday released the draft legislation for the Financial Accountability Regime (FAR) which will apply to superannuation funds and insurers. The FAR extends the Banking Executive Accountability Regime (BEAR) which has applied to banks ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... "This underlines the importance of the Federal Government acting on its commitment to pass the Financial Accountability Regime (FAR)." "Individual executives will not be able to hide behind large corporate pay-outs. This new regime will ensure that executives ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... increased focus on member outcomes, fees, costs and performance, the impending implementation of the Financial Accountability Regime and ongoing discussions about default arrangements and enhanced prudential oversight. "Other issues include demographic ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial Accountability Regime, the extended regime will impose accountability and key personnel obligations on financial entities, as well as accountability ...
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