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Showing 1 - 10 of 535 results for "Prudential Regulation Authority"

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Heartland Group Holdings has announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... second-largest asset owner early next month. Rowell brings over 20 years of experience at the Australian Prudential Regulation Authority, including 10 years as deputy chair looking after superannuation and insurance before stepping down last year. For ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... on to the Australian Securities and Investment Commission, 47 were referred to the Australian Prudential Regulation Authority and eight were referred to other agencies such as the Australian Taxation Office in the first half of FY23/24. "While AFCA is ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... an action plan, the report recommends. It also recommended the Financial Conduct Authority and Prudential Regulation Authority drop plans for businesses to report on diversity and set targets. "These proposals would not capture the many smaller firms ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...
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