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Showing 71 - 80 of 118 results for "APRA"

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 ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... Financial Disclosures (TCFD), and, in Australia, prior to developments including the Hutley opinion and statements by ASIC, APRA, the RBA and the AASB regarding material disclosures of climate risk. Further, at the time, there was a lack of market response ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... and conduct. In June, Westpac published its self-assessments, mandated by the Australian Prudential Regulation Authority (APRA)'s response to the Final Report of the Prudential Inquiry into Commonwealth Bank of Australia (CBA). In Westpac's o ...

Investors considering their options in voting at Westpac AGM

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... address governance, address accountability, they're very slow, which is what I think they said in their self-assessment to APRA," Kolesnikoff said. "They formulate an approach and then don't go ahead of it. These are all governance aspects, a breakdown ...

ASIC critiques management of non-financial risk in governance review

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2019  |  NEWS
... said Angus Armour, managing director of the Australian Institute of Company Directors (AICD). "As we have seen through the APRA Report into CBA and the findings of the Hayne Royal Commission there is a need for boards, especially in the financial services ...

Median CEO bonus payout near record high: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 20 SEP 2019  |  NEWS
... reports of declining public trust in companies. ACSI in the report quoted an Australian Prudential Regulation Authority (APRA) discussion paper Strengthening prudential requirements for remuneration, which noted "that there has been an absence of significant ...

Australian Sustainable Finance Initiative sets ambitious investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
... the Australian initiative does not have explicit government backing. However, Geoff Summerhayes, executive board member of APRA, Executive Committee member of the International Association of Insurance Supervisors and chair of the Sustainable Insurance ...