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Showing 41 - 50 of 96 results for "Prudential"

Trustees squeezed by competing climate risk pressures

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... the $23 billion merged Tasplan and MTAA Super, reeled off a list of developments, including APRA's draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229) and legislation to reform proxy voting raised by Treasurer Josh ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229), designed to assist banks, insurers and superannuation ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... financial risks of climate change", in which APRA outlined that they would develop on a climate change financial risk prudential practice guide (PPG) to assist entities in complying with existing prudential requirements. ASIC also recommends the TCFD ...

The articles you read in 2020

RACHEL ALEMBAKIS  |  TUESDAY, 29 DEC 2020  |  NEWS
... there is significant pressure on lead times." Regulator appoints first head of climate risk (15 October) The Australian Prudential Regulation Authority (APRA) has hired Graham Sinden as head of climate risk. Sinden is APRA's first head of climate ...

Regulator appoints first head of climate risk

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
The Australian Prudential Regulation Authority (APRA) has hired Graham Sinden as head of climate risk. Sinden is APRA's first head of climate risk and started in the role on Monday 15 October, according to an APRA spokesperson. He comes to APRA from ...

Government reforms aim for increased super transparency

RACHEL ALEMBAKIS  |  THURSDAY, 8 OCT 2020  |  NEWS
... government agencies are currently revising guidance about use of ESG approaches in investment processes. The Australian Prudential Regulation Authority (APRA) is currently updating SPG 530 - Investment Governance regarding ESG issues, which will include ...

Opinion: Australian super funds could benefit from US ESG policy move

RAEWYN WILLIAMS  |  THURSDAY, 24 SEP 2020  |  NEWS
... holding the line despite a recent grilling by the House of Representatives Standing Committee on Economics for its prudential focus on climate change risk and hiring of a Head of Climate Risk. In February, APRA put super funds (among other regulated ...

Human capital management a signal of overall sustainability: Lazard

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2020  |  NEWS
... relationship between companies, governments, central banks and local regulators. They pointed to the example of the Prudential Regulatory Authority in the United Kingdom, which "put pressure on banks and other companies to suspend dividend payments." ...

Climate action by regulators deferred, not denied: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
... relating to climate change risk, but not cancelled - the MinterEllison report cited the example of the Bank of England Prudential Regulation Authority, which in late March announced that it would defer consideration of its landmark consultations on climate ...

APRA creating and recruiting to fill role of head of climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
The Australian Prudential Regulation Authority (APRA) is seeking to fill the newly created role of head of climate risk. The head of climate risk will "form and lead a team responsible for providing expert advice in the area of climate risk," and "play ...