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Showing 51 - 60 of 140 results for "APRA"

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... released draft legislation that would adjust how the performance test is applied to faith-based products. Under the legislation, APRA would be allowed to consider the religious affiliation of a super fund in assessing its annual performance. Frontier ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... said that Council of Financial Regulators Climate Working Group have identified three priority areas for the participants - APRA, ASIC, the RBA and Treasury - to focus on - the Climate Vulnerability Assessment (CVA) conducted by APRA on banks, increased ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... superannuation funds. "We looked at the Australian market and considered the Your Future, Your Super performance test and APRA regulations and realised that the conundrum for a lot of Australian asset owners is to be lower fees, better value for members ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022  |  NEWS
... faith-based products. The regulator has also launched a public consultation that will close on August 16. Under the legislation, APRA would be allowed to consider the religious affiliation of a super fund in assessing its annual performance. For this ...

Rainmaker reveals ESG super fund leaders

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... Study. Rainmaker calculates that ESG super funds oversee $1.8 trillion being 71% of Australia's market for institutional (APRA-regulated) superannuation. Rainmaker assesses the elements of being a quality ESG super fund against five dimensions - ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... framework that requires that certain companies report on greenhouse gas emissions data, but that is only a small share of APRA-regulated entities. The ISSB standard, I think, is a really huge step towards sustainability disclosures here in Australia." ...

Hejaz Income Fund AUM up more than 50%

RACHEL ALEMBAKIS  |  TUESDAY, 12 APR 2022  |  NEWS
... during 2022 across a range of financial products. Hejaz Financial Services is in the process of submitting an application to APRA as a restricted ADI. If successful, Hejaz would be the first Australian Sharia-compliant deposit taking bank. Hejaz Financial ...

Christian Super, Australian Ethical to explore merger

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
... Super has signed a memorandum of understanding with Australian Ethical for a potential merger, after having been directed by APRA to merge. Both parties will conduct due diligence prior to confirming merger details, which would see Christian Super member ...

Divestment from sanctioned Russian companies a matter of governance

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
... having inadvertently becoming exposed to sanctioned entities. This could a very difficult situation to navigate" he said. APRA has also weighed in, saying that they will not be taking any action against trustees who seek to divest Russian assets in this ...