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Showing 1 - 10 of 1253 results for "Prudential"

Heightened cyber threats require greater accountability on governance

MATTHEW WAI  |  WEDNESDAY, 27 MAY 2026
... regulatory landscape is rapidly evolving and requires businesses to keep themselves on track, he said. The Australian Prudential Regulation Authority (APRA) has recently ramped up its supervision on risk management practices for regulated entities, which ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... "Rectification and uplift requirements continue for deficient platform trustees. There also is a case to consider changes to prudential settings for this sector of the market e.g. to strengthen conflicts management," the discussion paper read. Targeting ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... growing complexity in global markets reshape 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. ...

ASFA chair to step down after four years

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... diligence to help super trustees meet their fiduciary and regulatory obligations. ASFA said it aims to complement APRA's prudential framework, including SPS/SPG 530 (Investment Governance) and CPS/CPG 230 (Operational Risk Management), with important ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ...

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ...

Technical glitch hits Team Super investment switches

KARREN VERGARA  |  FRIDAY, 24 APR 2026
... what to do next, call us and we can put you in touch with Team Super Financial Advice," he said. Last October, the prudential regulator warned super funds about relying on a concentrated set of technology providers and the dependency on the cloud and ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... managing director and chief executive Nick Hamilton said. Last month, APRA released its final response to amending prudential standards on treating capital for longevity products in a bid to improve weak demand. One of the key changes is refining specific ...

AMP head of corporate pensions departs

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... AMP's superannuation offerings, including head of product - superannuation, director stronger super products and prudential standards, and most recently head of corporate pensions. AMP chief executive Blair Vernon told Financial Standard Jansen made ...

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
... reflect APRA's risk-based approach to enforcement, which prioritises issues and entities that pose the most serious prudential risks," Cole said. Fiducian is refrained from onboarding new high-risk investment options to its platform until the independent ...
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