APRA has cemented the importance of ESG in its guidance for superannuation funds on investment governance but needs to be clearer on terminology.
March 30, 2023The guidance will help FIs develop alternative customer identification and verification procedures to help customers that are unable to meet standard ID requirements.
December 9, 2022The National Housing Infrastructure Facility will be used to attract investment from super funds and institutional investors into the social and affordable housing sector.
November 11, 2022ASIC discovered issues with complaints recording, response timeframes, failures to inform complainants of delays, and process failures.
August 12, 2022Quarterly publications will start in September and annual publications in early 2023, comprising new and expanded data on an industry, fund and product basis.
July 27, 2022The new standard will commence on 1 January 2023. APRA will consult on additional guidance later this year, also covering ESG risks.
July 21, 2022ASIC says individuals who set up self-managed super funds may be increasingly targeted by scammers to invest in crypto-assets.
January 19, 2022The CCIV has the potential to unlock significant opportunities for the Australian funds management industry, says Financial Services Council CEO Sally Loane.
November 30, 2021A new consultation proposes enhancements to stress testing, valuation and liquidity management practices that will take effect from 1 January 2023.
September 30, 2021APRA will look to enhance resilience in the financial system, including cyber resilience, while also transforming governance, risk-culture, remuneration and accountability.
August 30, 2021