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Showing 1 - 10 of 979 results for "Financial System"

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... letter to super funds and insurers, APRA defined geopolitical risks as "the potential for adverse impacts on the financial system from international tension, including trade restrictions, sanctions, grey-zone activities and conflicts." But unlike previous ...

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... Risk Stress Tests (SRST) should be designed and the implications these will have on super funds and the broader financial system. Super fund attendees, which included representation from NGS Super, Vision Super, Legal Super and Russell Investments, concurred ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... admitted to making a misleading statement in relation to critical market infrastructure at the centre of Australia's financial system," Court said. "These admissions concern the accuracy of disclosures to the market about a significant and complex project ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system. The government recently consulted on prescribing certain lead generation activities as a type of financial service ...

Older Australians drive majority of super complaints: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
... data, supporting ASIC's objective to strengthen accountability and drive improved complaint handling across the financial system," the regulator said. The number of complaints made by Australians to their super funds progressively goes up as they age ...

Platforms should be wary of cutting options: Experts

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... in Sydney, BT Financial Group chief executive Matt Rady noted the role of platforms as a core component of the financial system enabling efficient transition of capital, and it would be dangerous for platforms to shrink options too much. "The capital ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across the financial system. New research commissioned by ASIC and conducted by the Digital Finance Cooperative Research Centre found fintech and regtech ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... the financial risk environment. In its latest System Risk Outlook, the prudential regulator said Australia's financial system remained resilient and well positioned to withstand "severe but plausible" shocks. This includes a deep global recession, higher ...

ASIC furthers simplification with regulatory roadmaps

ELIZA BAVIN  |  TUESDAY, 19 MAY 2026
... create a regulatory framework that supports compliance, fosters innovation and strengthens trust in Australia's financial system." This comes as ASIC also released Report 830, Regulatory simplification progress report, which outlines the work the regulator ...

ASFA joins Finance Industry Council of Australia

VINNY VUCAGO  |  TUESDAY, 19 MAY 2026
... discussions. ASFA chief executive Mary Delahunty said superannuation has become a central pillar of Australian financial system and needed representation in policy debates affected the wider sector. "With over $4.5 trillion in assets under management ...
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