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$500,000 stolen in Australian super fund data breach
04 Apr 2025 03:04 GMT
… of Superannuation Funds of Australia (ASFA) said in … protect themselves online,” the AustralianSuper’s chief member officer, … -government response.
“The Australian Prudential Regulation Authority (APRA) and Australian Securities and Investments Commission …
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Here’s An Insurance Option That Could Save Australian Music Festivals
03 Apr 2025 10:06 GMT
… and Investments Commission) and APRA (Australian Prudential Regulation Authority).
The Mutuals model includes … that setting up in Australia means Australian festivals are not … Partnerships at Creative Australia, and Music Australia Director Millie Millgate. …
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APRA accepts CEU from ANZ; increases capital add-on
03 Apr 2025 05:28 GMT
The Australian Prudential Regulation Authority (APRA) has agreed with ANZ, one of Australia’s biggest banks, … held accountable for making improvements.
APRA says the $1 billion safeguard … Although ANZ is financially strong, APRA’s chair, John Lonsdale, stated …
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APRA accepts Court Enforceable Undertaking from ANZ and increases capital add-on to $1 billion
03 Apr 2025 03:09 GMT
The Australian Prudential Regulation Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from Australia and … practices and risk culture.
APRA has also increased the capital … and operating model. However, APRA has assessed that the completion …
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ANZ share price sinks on APRA bombshell
02 Apr 2025 23:57 GMT
… Australia and managed to land a job at an Australian … a love affair with Australian equities and he hasn… undertaking (EU) with the Australian Prudential Regulation Authority (APRA). This is in relation … capital position, it underscores APRA's seriousness …
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ANZ takes $250M hit from APRA over ‘risk culture’ after talks
02 Apr 2025 22:58 GMT
… ) has today been ordered by APRA to carry $250 million in … court-enforceable undertaking with the Australian Prudential Regulation Authority (APRA) following conversations with the former … that we have not met APRA’s expectations about how the …
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APRA lashes ANZ’s risk culture, raises capital penalty to $1b
02 Apr 2025 22:34 GMT
ANZ will be forced to hold an extra $250 million on its balance sheet to ward off risks after the prudential regulator heavily criticised its culture and management, including “persistent and prevalent” problems with oversight of non-financial risk.
The …
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Australian regulator increases ANZ's capital add-on, criticises bank's risk culture
02 Apr 2025 21:23 GMT
By Aaditya GovindRao (Reuters) -Australia';s bank regulator again … management. The Australian Prudential Regulation Authority (APRA) raised the amount of spare cash that ANZ, Australia';s … the alleged misconduct. The APRA said the review found that …
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How Australia’s Superannuation Funds Value Unlisted Assets Amid Regulatory Calls to Change
01 Apr 2025 18:11 GMT
… liquidity risk management frameworks.”
Specifically, APRA expressed concerns about potential conflicts … , Association of Superannuation Funds of Australia, Australian Prudential Regulation Authority, Governance, illiquid assets, Regulations, superannuation …
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APRA and the RBA release joint statement on the use of the RBA’s overnight standing facility
02 Apr 2025 00:04 GMT
The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) have published … close to its target.
APRA and the RBA consider … the facility as needed. APRA and the RBA will … on the APRA website at: Joint APRA-RBA Statement …