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Showing 51 - 60 of 141 results for "APRA"

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
APRA chair Wayne Byres flagged that the results of the climate vulnerability assessment (CVA) of the country's five largest banks are expected to be released "in a month or two." Byres highlighted that climate change is a disruptive risk in a speech ...

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 ...