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Showing 1 - 10 of 100+ results for "Treasury"

AFCA weeds out phony complaints

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... doing things, the fee charged would have been between $2100 and $4000. "Separately we have worked closely with ASIC, Treasury, our members and consumer advocates to address issues associated with the small number of paid representatives who are causing ...

Three join embattled AMP Capital fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... investments and operations director for the last two years. She started her career as a graduate at the Victorian Department of Treasury and Finance. Van Leuven, who is based in New Zealand, was previously the deputy chief executive for the Ministry ...

FIRB updates guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
Treasury and the Foreign Investment Review Board (FIRB) have released new guidance that will impact all foreign private capital investments in Australia. The guidance is mainly in respect to exemption certificates. It confirms that the exemption certificate ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... recommended extending BEAR to include APRA-regulated entities including superannuation funds and insurers, following which the Treasury conducted a consultation in January 2020. After a year of quiet, Treasury on Friday released the draft legislation ...

Crypto fund hires from Blue Sky

ELIZABETH MCARTHUR  |  FRIDAY, 16 JUL 2021
... retail interest in digital assets supported by a rising trend of North American companies implementing digital asset treasury strategies," he said. "Bitcoin held in corporate treasuries over the circulating supply has reached an all-time high at 8.7% ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... deal with "zero and negative market interest rates on financial market products such as those typically managed in a treasury system". "However, for some ADIs, zero and negative interest rates on other products (e.g. wholesale and retail lending and ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... insurance. "Exemptions should only be provided where there is clear evidence that an exemption would benefit consumers. Treasury still has not published any submissions from the consultation process on exemptions - what evidence did industry provide ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... good-quality, affordable personal advice to consumers". "ASIC has provided industry feedback on issues relating to law reform to Treasury for consideration as part of the Quality of Advice review," the regulator said.

Another senior woman to depart AMP Capital

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... end of September." Before joining AMP Capital, Prnjatovic was a director of electricity networks transactions at NSW Treasury and a vice president, research analyst in infrastructure at Citi. She is the latest in a string of senior women to resign from ...
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