WebSep 1, 2024 · Australia's Financial Regulator Assessment Authority (FRAA) recently released the report on its inaugural review of the Australian Securities and Investments Commission (ASIC). The review found ASIC was "generally effective and capable," but that there was opportunity for improvement at the regulatory agency. WebSep 1, 2024 · ASIC requires a substantial uplift in its data and technology capability, the FRAA says in its first review of ASIC as a regulator. Australia’s new FRAA (Financial Regulator Assessment Authority) has published its first report assessing ASIC’s (Australian Securities and Investments Commission) effectiveness and capability as a financial …
New Monitoring Body Concludes First Review of ASIC
WebNov 29, 2024 · “The FRAA’s first review will be a targeted assessment of ASIC’s effectiveness and capability in strategic prioritisation, planning and decision-making, … WebJan 12, 2024 · On 29 November 2024, the Treasurer announced the launch of FRAA's inaugural review of ASIC. As part of the review process, a consultation paper has been … disability products melbourne
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WebAug 25, 2024 · The review acknowledged ASIC’s crucial contribution to Australia’s financial system and found that ASIC is effective and capable in the areas reviewed. The FRAA made four recommendations around enhancing ASIC’s use of data and technology, strengthening its engagement with stakeholders, enhancing its ability to measure … Web10 hours ago · When FRAA has completed its review of APRA in July it will turn then to review ASIC’s enforcement division. Share this article. Facebook; Twitter; Whatsapp; Email; WebAug 24, 2024 · The FRAA will provide an external framework for assessing the effectiveness and capability of both ASIC and the Australian Prudential Regulation Authority. The FRAA will consist of three independent statutory appointees together with the Treasury Secretary. Reviews will be conducted once every two years and as directed by the Treasurer. foto mit pc machen