Search: FMA Act
RBA Glossary definition for ACT
ACT – Australian Competition Tribunal
RBA Glossary definition for FMA Act
FMA Act – Financial Management and Accountability Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).
Search Results
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
It will also empower the Australian authorities to act to support overseas authorities resolving FMIs that are licensed to operate in Australia. ... In addition, the CFR sees a case for considering whether the scope of powers should be extended to
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
The Australian Financial System
20 Oct 2015
FSR
– October 2015
While superannuation fund trustees have a legal obligation to act in the best interests of their members, in this environment there is a risk of superannuation funds choosing higher portfolio allocations
https://www.rba.gov.au/publications/fsr/2015/oct/aus-fin-sys.html
Box B: Responses to Risks in the Housing and Mortgage Markets
10 Mar 2015
FSR
– March 2015
The review will investigate whether lenders are complying with their responsible lending obligations set out in the National Consumer Credit Protection Act 2009.
https://www.rba.gov.au/publications/fsr/2015/mar/box-b.html
The Global Financial Environment
10 Mar 2015
FSR
– March 2015
In the United States, for the first time since Dodd-Frank Act stress tests began in 2009, all 31 participating bank holding companies maintained capital levels above what the US Federal
https://www.rba.gov.au/publications/fsr/2015/mar/global-fin-env.html
Developments in the Financial System Architecture
10 Sep 2014
FSR
– September 2014
The guidelines for dealing with weak banks emphasise the need for: an effective supervisory framework; supervisors who can detect problems early and act quickly; detailed preparation, including resolution techniques and public ... The BCR will act as the
https://www.rba.gov.au/publications/fsr/2014/sep/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2014
FSR
– March 2014
In the United Kingdom, the Banking Reform Act was passed in December 2013, implementing the key recommendations of the 2011 report by the Independent Commission on Banking (the ‘Vickers’ report). ... Separately, in February, the CFTC granted ASX
https://www.rba.gov.au/publications/fsr/2014/mar/dev-fin-sys-arch.html
Household and Business Finances
10 Mar 2014
FSR
– March 2014
This practice is consistent with requirements under the. National Consumer Credit Protection Act 2009. , ... Privacy Act 1988. ) came into effect in March 2014. These changes, known as comprehensive credit reporting (CCR), allow credit providers to share
https://www.rba.gov.au/publications/fsr/2014/mar/household-business-finances.html
Developments in the Financial System Architecture
10 Mar 2013
FSR
– March 2013
Banking Act 1959. to restrict retail debenture issuers offering ‘at-call’ investments and using ‘bank-like’ terms to describe their products. ... Corporations Act 2001. In developing this licensing regime, ASIC has taken into account elements of
https://www.rba.gov.au/publications/fsr/2013/mar/dev-fin-sys-arch.html
Business and Household Balance Sheets
10 Mar 2013
FSR
– March 2013
National Consumer Credit Protection Act 2009. , which has strengthened the responsible lending obligations on lenders, such as those on verifying that borrowers can reasonably meet their debt commitments.
https://www.rba.gov.au/publications/fsr/2013/mar/bus-house-bal-sheet.html
Developments in the Financial System Architecture
10 Sep 2012
FSR
– September 2012
The proposals also seek to harmonise and enhance APRA's regulatory powers across the various Acts it administers. ... Following the consultation, a Bill setting out amendments to the Act was introduced into Parliament in September.
https://www.rba.gov.au/publications/fsr/2012/sep/dev-fin-sys-arch.html