Search Results | Showing 1 - 10 of 67 results for %22Supervisory Risk%22 |
| | ... AFSL and failed to have adequate resources to provide the financial services covered by the licence and to carry out supervisory arrangements. Under the Corporations Act, ASIC may suspend or cancel an AFSL if a licensee fails to meet its general obligations ... |
| | | ... leading to weaker underwriting standards and looser loan covenants-some signs of which have already been noted by supervisory authorities." Further, the IMF flagged concerns over a lack of proper valuing in the private market. It said because private ... |
| | | ... major priority for the regulator is ensuring cyber resilience of entities, saying it will maintain its heightened supervisory focus on this area. Where entities are found to have major vulnerabilities, APRA said it "will take a proportionate response ... |
| | | ... concerns previously raised by the PRA." The coordinated effort also involved action by the Swiss Financial Market Supervisory Authority (FINMA). During its enforcement proceedings, FINMA found Credit Suisse had seriously and systematically violated financial ... |
| | | ... including emerging and systemic risks, and their potential consequences. By doing so, APRA could better perform its supervisory activities as well as recovery and resolution planning. The FRAA also recommended APRA invest in initiatives to develop its ... |
| | | ... and there is still no indication from PwC that the broader professional failures, that should have been reported to supervisory entities by PwC, have in fact been reported." O'Neill called on PwC to clarify whether the eight partners have been appropriately ... |
| | | ... supervision," it said. "As the report shows, in part because of the Federal Reserve's tailoring framework and the stance of supervisory policy, supervisors did not fully appreciate the extent of the bank's vulnerabilities or take sufficient steps to ... |
| | | ... earlier intervention and identification of bad actors, the report said. Further, enhancing cross-border and domestic supervisory and enforcement cooperation frameworks, both bilaterally and multilaterally, is considered necessary. Facilitating greater ... |
| | | ... Group dropped by 5%," he said. In a joint statement, the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) confirmed they could provide liquidity backstop to Credit Suisse to reassure investors. "The SNB and FINMA ... |
| | | ... capabilities, tenure, management of conflicts of interest and strength of internal control systems, including through targeted supervisory actions where sub-standard practices are identified, are all under the watchdog's radar. Together with ASIC, APRA ... |
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