Sentences with phrase «prudential regulation»
Prudential regulation refers to rules and measures put in place by the government or regulatory authorities to ensure that financial institutions like banks, insurance companies, and investment firms are well-managed and financially stable. It is aimed at protecting consumers and the overall economy from the negative consequences of any potential risks or failures in the financial sector. Full definition
Trustees of Australian Prudential Regulation Authority (APRA) funds are bound by the provisions of use in protecting member information under the Superannuation (Industry) Supervision Act and Privacy Act requirements.
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Mr. Palmer has acted as a consultant and advisor on financial and financial sector regulatory matters to a number of international organizations and national authorities, including the International Monetary Fund, the World Bank, the Asian Development Bank, USAID, the Monetary Authority of Singapore and the Australian Prudential Regulation Authority.
Fitch views the elevated regulatory, legislative and litigation risks, as well as the lack of prudential regulation (no minimum capital requirements) of P2P lenders as constraints that limit potential P2P ratings to below investment grade.»
At a briefing on Thursday in Beijing, Mr. Liu, deputy head of the commission's prudential regulation bureau, said that his agency was looking into «systemic risk of some large enterprises,» according to numerous media accounts, and that the risk could spread to other institutions.
This problem has only become worse since the global financial crisis, due to bank deleveraging and possibly the adoption of stricter prudential regulations.
This week is proving to be a critical turning point for the financial services industry, which is described in the terms of reference for the Hayne royal commission as systemically strong with the world's best prudential regulation and oversight.
It will look at the «actions, policies and approach» of the former City watchdog, the Financial Services Authority, and the current Prudential Regulation Authority.
1005 - HMRC - George Osborne opens a new Prudential Regulation Authority, as part of Government's reforms for «stronger, safer banks.»
Open Europe, the Eurosceptic thinktank, also gave only a qualified approval: «Those outside the eurozone and banking union should not be discriminated against, will not participate in eurozone bail - outs and can keep their own financial supervision macro pro prudential regulation.»
Also, companies operating in the financial sector such as banks and insurance companies are often required to measure and maintain their debt - to - equity ratio below a certain level under various regulations (e.g. prudential regulations) designed to promote stable financial systems.
Davis Polk partner Margaret Tahyar will be among the participants at the 2018 Prudential Regulation Conference hosted by SIFMA and The Clearing House.
The Financial Conduct Authority and the Bank of England Prudential Regulation Authority view whistleblower payments as a prosecutor's nightmare and an affront to civic - minded employees and their firms.
In 2014, the Australian Prudential Regulation Authority (APRA) acted to tighten standards for interest - only loans, and mortgages more generally.
He was also the Deputy Managing Director of the Monetary Authority of Singapore and has advised other regulators including the Australian Prudential Regulation Authority.
The Bank of England will be handed powers of prudential regulation, while a new authority will be created «to protect the interests of bank customers».
The Financial Conduct Authority and Prudential Regulation Authority have concluded that Staley's efforts to find out who wrote an anonymous letter represented a breach of individual conduct, Barclays said Friday.
This Web site has been approved for access in the United Kingdom by J.P. Morgan Securities plc., which is a member of the London Stock Exchange and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and by J.P. Morgan Limited, which is authorised and regulated by the Financial Conduct Authority.
He is currently an external member of the Prudential Regulation Committee of the Bank of England and a nonexecutive board member of the Department for Business, Energy and Industrial Strategy.
For these purposes, the Australian Prudential Regulation Authority (APRA) has defined high - quality liquid assets to include cash, central bank reserves and government securities.
Real estate agents are confident that Australian Prudential Regulation Authority's easing of lending restrictions on investors will also bring back buyers.
Mark Yallop, chairman of the FICC Markets Standards Board and board member of the Prudential Regulation Authority, takes up another finance role
These changes included the transfer of responsibility for the supervision of banks to a new integrated regulator, the Australian Prudential Regulation Authority (APRA), and the establishment of the Payments System Board within the Reserve Bank.
The closest analysis, published last year by the Prudential Regulation Authority, a unit of the Bank of England, found that big losses worldwide caused by what the authors called «natural hazard events» nearly tripled between 1985 and 2015, from 350 to 950 annually.
As a result of the inquiry, the banking supervision function was transferred to a new institution — the Australian Prudential Regulation Authority (APRA).
It was also helpful that the Australian Prudential Regulation Authority (APRA), the prudential supervisor, pressed the banks to maintain relatively high lending standards.
There could be a problem but the Australian Prudential Regulation Authority (APRA) stepped in and the banks have voluntarily tightened lending standards recently.
That changed when the banks responded to requirements by the Australian Prudential Regulation Authority (APRA) to tighten lending standards, with a particular focus on investor loans.
The Australian Prudential Regulation Authority (APRA) report chastised CBA for a «slow, legalistic and reactive, at times dismissive, culture» and said «an overly collegial and collaborative working environment [had] lessened the opportunity for constructive criticism, timely decision - making and a focus on outcomes».
In the UK, RBC Investor Services Trust operates through a branch authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
The bank also notified the Australian Prudential Regulation Authority.
News of Mr. Arthur's suspension was subsequently passed to the City watchdogs, the Prudential Regulation Authority and the Financial Conduct Authority (FCA).
Standard Life Assurance Limited is authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
The legislation is administered by three regulators: us, Australian Securities and Investments Commission (ASIC), and Australian Prudential Regulation Authority (APRA).
be registered by the Australian Prudential Regulation Authority (APRA) to offer a MySuper product.
You may only transfer retirement savings between a complying super fund regulated by the Australian Prudential Regulation Authority (APRA) and a New Zealand KiwiSaver scheme.
voluntarily wind up your SMSF and roll the benefits into an APRA (Australian Prudential Regulation Authority) regulated fund
The Australian Prudential Regulation Authority (APRA) has indicated that it doesn't expect trustee reporting of breaches of this requirement until after 1 July 2015.
Barclays Bank UK PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 759676).
SMSFs are different from mainstream funds regulated by the Australian Prudential Regulation Authority (APRA) which pool members» savings and invest the money for them.
U K Insurance Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
This type of regulation, called «prudential regulation», protects you, for example, if you put your money in a term deposit with one of these institutions.
To check which banks are covered by the guarantee see the Australian Prudential Regulation Authority's list of ADIs.