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Showing 1 - 10 of 11 results for financial sector collection data act

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... Mowat says there is a "fundamental market need" for more build-to-rent (BTR) developments in Australia. Speaking with Financial Standard, Mowat said there's no question Australia needs more BTR projects. "The capital is also behind this opportunity ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... Treasury, chief executives, boards, lawyers, consumer advocates, claims and underwriting professionals, doctors and financial advisers. The taskforce said it hopes to achieve stable prices, sustainable outcomes for insurers, community confidence and ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... the wake of the crisis. That's according to Principal Real Estate Investors chief executive Todd Everett, who told Financial Standard the pandemic - and the measures taken to contain it - have impacted tenant's use of leased facilities, created ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... previous month. This is the sharpest fall in the survey's record that eclipses the declines witnessed during the global financial crisis and the tsunami that hit the country in 2011. Similar to the US and the Eurozone (and perhaps, every other country ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so. Speaking to Financial Standard, Shadforth chief executive Terry Dillon said the crisis has forced the firm to adopt a style of working which may ...

Westpac fined over reporting failure

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements of the Financial Sector (Collection of Data) Act 2001 (FSCODA) by failing to report data to APRA. APRA said Westpac was 20 days late filing its ...

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... prudential supervisor into the future," he said. "APRA will continue to focus on its primary responsibility to protect the financial well-being of the Australian community as it implements the changes that have been recommended and those APRA already ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
And so here we are ladies and gents. Very much unsure of where financial markets are gonna go. In times like these, it becomes so easy to get swept up by the mood of the mob. Someone shouts "sell" and everybody rush to the exits - never mind why, we ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
... assessment objection. Alternatively, the panel said the administrative penalty approach could be modelled on the Financial Sector (Collection of Data) Act 2001 where trustees are issued with a penalty with the maximum amount set in legislation. Trustees ...
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