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Showing 41 - 50 of 114 results for "APRA"

Super funds that invest responsibly draw market share: RIAA

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
... increased responsibility of climate risk assessment comes at a time of increased regulatory focus on climate risk, including APRA's issuance of a climate risk management guidance. The Super Study shows that super funds that implement responsible investment ...

Beyond the spin - what did COP26 actually deliver?

SIMON O'CONNOR  |  FRIDAY, 26 NOV 2021  |  NEWS
... guidance on climate risks. This was backed up by a statement issued by Australia's financial regulators and central bank - APRA and RBA - and follows a recent reiteration of commitment by the RBNZ. Finally, there was the big announcement that the global ...

Top 100 asset owners "hold keys" to net zero: Willis Towers Watson

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... commit to this net zero target." Unger noted that it is increasingly accepted that climate risk is financial risk. At COP26, APRA and RBA issued a joint statement as members of the Network for Greening the Financial System (NGFS), a group of central ...

RBA, APRA outline COP26 commitments

RACHEL ALEMBAKIS  |  FRIDAY, 5 NOV 2021  |  NEWS
The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) reiterated their stance that climate change will impact economic output, drive changes in the value of assets and income streams and therefore poses systemic ...

Kilter Rural in $70m mandate

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
... on the area of farm but the public benefits you can provide. Those are big policy shifts, and even here locally, you have APRA issuing technical risk disclosures for climate risk, and investors have to think about how they are managing those risks." ...

Actuaries Institute challenges boards on skills gaps

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 OCT 2021  |  NEWS
... Services Boards. The paper is co-written by Barry Rafe, a former Actuaries Institute president, and Ian Laughlin, a former APRA deputy chair. The paper posits that the misconduct uncovered by the Royal Commission "has been attributable to their board ...

Climate change "a first-order risk": RBA

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... Debelle noted that the Council of Financial Regulators - comprising Treasury, the Australian Prudential Regulation Agency (APRA), the Australian Securities and Investments Commission (ASIC) and the RBA - is tackling these issues through the Working Group ...

Islamic fund to expand into banking

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
... financial products is planning to expand into banking. Hejaz Financial Services is in the process of submitting an application to APRA as a restricted ADI, said CEO Hakan Ozyon. If successful, Ozyon said they would be the first Australian Sharia-compliant ...

Climate transition a business opportunity: Geoff Summerhayes

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
... Climate-related business and investment decisions are shifting from risk to capturing new opportunities, according to former APRA executive board member Geoff Summerhayes. Climate change is moving from an issue of a "hygiene factor" to a question of ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... change, create a climate risk register, conduct framework gap analysis, and quantify and measure climate risk. In Australia, APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working ...