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Showing 61 - 70 of 114 results for "APRA"

Government to launch inquiry into financial sector and climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... decisions to withdraw from lending or insuring mining projects on climate risk grounds. The big banks and regulators including APRA and ASIC are expected to be called to the parliamentary inquiry, which media reports say will be chaired by MP George ...

Aviva Investors launches climate transition equity fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020  |  NEWS
Aviva Investors has launched a fund a climate-change fund that tilts towards companies transitioning to a low carbon economy. The Aviva Investors Climate Transition Global Equity Fund is benchmarked to outperform the MSCI All Countries World Index by ...

Roadmap outlines sustainable transformation for finance industry

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020  |  NEWS
... 80 organisations, including financial institutions, civil society, academia, regulators and government, and supported by APRA and ASIC, in observer roles. "I think the process we went through to develop the roadmap, being really collaborative, really ...

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
... 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 consultation on climate-related ...

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

RAEWYN WILLIAMS  |  THURSDAY, 24 SEP 2020  |  NEWS
... strong advocates for climate change action, disturbing events in the US should make the industry grateful that the regulator, APRA, is party to the cause. Since 2017, APRA's consistent position has been that climate change is a real, pervading risk to ...

Super funds lag on disclosing proxy voting record: ACCR

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2020  |  NEWS
... proxy voting in general, it tends to get addressed," Gocher said. The research noted that as at 31 December 2019, 51.4% of APRA-regulated funds were invested in equities, with 25.3% in international listed equities, 22% in Australian listed equities ...

Climate action by regulators deferred, not denied: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
... consultations on climate change stress testing until the northern hemisphere summer. The Australian Prudential Regulation Authority (APRA) announced that it would suspend its planned 2020 agenda of policy and supervision initiatives (which included consultation ...

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 ...

Comment: hindsight is 2020

RACHEL ALEMBAKIS  |  FRIDAY, 14 FEB 2020  |  NEWS
... part of Prudential Standard SPS220 -Risk Management. Furthermore, in a paper titled "Climate change: Awareness to action", APRA wrote about "the financial nature of climate change risks to its regulated entities. APRA has advised that these risks are ...