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Showing 1 - 10 of 11 results for "Financial Regulator Assessment Authority"

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... unlisted assets on a quarterly basis at least. This occurred around the same time the Financial Regulator Assessment Authority criticised funds' approach to valuing unlisted assets in the wake of the Canva writedowns, as well as APRA's oversight of the ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has released the Draft Financial System and Regulator Metrics Framework, which are now open to industry consultation. ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... several receiving an Order of Australia. This year, former Macquarie managing director and Financial Regulator Assessment Authority chair Nicholas Moore was appointed an officer of the order of Australia (AO). Moore has served as the federal government's ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
Only two years on from its creation, the government is cutting the Financial Regulator Assessment Authority's funding, in a move that will see it only review the activities of ASIC and APRA every five years. The Authority, which commenced 1 July 2021 ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
The Financial Regulator Assessment Authority (FRAA) reviewed ASIC and said it's generally effective and capable but there are still some important opportunities to enhance performance. The FRAA released its report, Effectiveness and Capability Review ...

Transurban names new chair

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... director of the Australian Foundation Investment Company Limited and a member of the Financial Regulator Assessment Authority. A statement said he has extensive experience across all facets of company management, including equity and debt capital markets ...

Government adds to FRAA leadership

JAMIE WILLIAMSON  |  TUESDAY, 15 MAR 2022
The chair of law firm Allens has been appointed to the Financial Regulator Assessment Authority by the Morrison government. Fiona Crosbie becomes a member of the FRAA from March 21, appointed for a period ending 14 September 2026. The FRAA is the independent ...

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
The review of ASIC's effectiveness is open and accepting submissions. The Financial Regulator Assessment Authority (FRAA) was established in response to recommendations 6.13 and 6.14 of the Royal Commission. It is tasked with reviewing and reporting ...

Former Macquarie chief to head ASIC, APRA regulator

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... ASIC and APRA. Treasurer Josh Frydenberg announced that Nicholas Moore will chair the Financial Regulator Assessment Authority (FRAA) alongside inaugural members Gina Cass-Gottlieb and Craig Drummond. Moore spent over 33 years at Macquarie including ...
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