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Showing 1 - 10 of 2501 results for "Standards"

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... transactions. This in turn has put pressure on private credit providers to deploy capital, leading to weaker underwriting standards and looser loan covenants-some signs of which have already been noted by supervisory authorities." Further, the IMF flagged ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... could manage an unexpectedly large deterioration in economic conditions as overall capital levels are high and lending standards have been prudent in recent years. Banks are also resilient to temporary funding market disruptions by holding ample reserves ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... consumers make sound financial decisions in retirement. It outlined areas where it expects firms and advisers to raise standards. Review findings The FCA found not all advice firms are effectively considering sustainability of income withdrawal in retirement ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... October 2023 and 31 December 2023, ASIC acted against nine SMSF auditors where it believed they did not meet the required standards, including concerns with compliance and assurance standards, independence, registration conditions, and not being a fit ...

ASX settles $1.05m fine for transparency failures

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... underscoring that this enforcement action is a demonstration of the corporate regulators commitment to upholding the highest standards. "ASIC will continue to take action to ensure that market operators and market participants have robust systems, controls ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... growing alternative credit strategy in Asia. "We appreciate Pallas Capital's professionalism and high credit underwriting standards, and we look forward to exploring new lending platforms with Pallas Capital in the future," Farrant said.

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... super funds to improve service delivery. "The entire super industry is deeply committed to ensuring the highest possible standards of customer service - that's what Australians with their retirement savings in super rightly expect," SMC chief executive ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... enhance customer loyalty and retention. "Banks could improve their reputation and trust, by complying with the higher standards of conduct and ethics for providing services and advice, and by demonstrating their social responsibility and sustainability," ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... to address housing affordability; identify deregulation opportunities, especially in eliminating redundant prudential standards; and review the overarching regulatory framework, including the role of the Council of Financial Regulators. Emphasising the ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... minimum trade size of $500 and minimum trade cost of $9.90 and Verwey said trade costs are "in the middle" for industry standards. "It will be more cost competitive than the big banks are," Verwey said. "Our users are likely going to be coming from a ...
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