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Top News In பரிவர்த்தனை விதிகள் Today - Breaking & Trending Today

Coding data underscores health of financial sector


Print
APIR-issued codes take in APIRs as well as Superannuation Product Identifier Number (SPINs) and legal entity identifier (LEIs). They are used by end users, such as platforms, financial planners, managed funds, separately managed accounts (SMAs) and superannuation funds as well as regulatory bodies such as the ATO, to identify assets and enable execution and portfolio valuations. They were introduced in Australia in the mid-1990s and have been issued by APIR since that time. 
In its 27 years of operation, APIR has issued identifiers for over 30,000 individual financial products; 15,000 of which are still actively trading in today’s market. Increasingly, the data recorded by these codes has played an important part in identifying trends and developments within the industry, and in measuring and monitoring activity across all product segments.  ....

Investments Commission , Superannuation Product Identifier Number , Global Financial Crisis , Federal Government , European Markets , Financial Instruments Directive , Australian Securities , Transaction Rules , Market Determinations , Distribution Obligations , Apir Systems , Chris Donohoe , Separately Managed Accounts , முதலீடுகள் தரகு , உலகளாவிய நிதி நெருக்கடி , கூட்டாட்சியின் அரசு , ஐரோப்பிய சந்தைகள் , நிதி கருவிகள் உத்தரவு , ஆஸ்திரேலிய பத்திரங்கள் , பரிவர்த்தனை விதிகள் , கிறிஸ் தொனொோே ,

Superannuation update – regulator updates, legislation and cases - Employment and HR


Single default accounts
On or after 1 July 2021, in the absence of a new employee
choosing a superannuation fund, an employer must determine whether
that new employee has a stapled fund and, if a stapled
fund exists, contributions should be paid into that stapled fund
instead of paying into the employer s chosen default
superannuation fund.
Underperformance in superannuation
The Bill proposes a new Annual Performance Assessment ,
requiring APRA to action annual performance tests each year for
MySuper products and other products set out by the yet to be
drafted regulations. Under the rules, if a fund fails the annual
performance assessment, the trustee must notify all members and if ....

New South Wales , Senate Economics Legislation , Westpac Securities Administration Ltdv Australian , Defence Force Retirement , Service Provision , Financial Services , While The Financial Services Royal Commission , Standing Committee On , Investments Commission , Financial Sector Reform Hayne Royal Commission Response , High Court , Member Outcomes , Continuity Management , Superannuation Data Transformation , Australian Government , Joint Standing Committee , Investment Growth , Reserve Bank , Treasury Laws Amendment , Putting Consumers , Australian Financial Complaints , Digital Economy , Independent Assessor , Transaction Rules , Consultation Paper , Corporations Act ,

Inside track: Superannuation, Funds Management & Financial Services – In the media, in practice & courts, cases & legislation - Finance and Banking


In the media
Govt uses super legislation to impose portfolio holdings
change
MEFIA - 18 February 2021 - In what represents a hook in
the Government s Your Future Your Super legislation, it has
moved to impose portfolio holdings requirements on superannuation
funds.  More.
Your future, your Super reforms introduced into
parliament
TREASURY - 17 February 2021 - The Morrison Government has
introduced legislation into parliament to ensure the superannuation
system works harder for all Australians. The Your Future, Your
Super package is scheduled to commence on 1 July 2021.  More.
Industry funds rail against Government kill
switch
MEDIA - 17 February 2021 - Industry superannuation funds
are accusing the Government of unprecedented legislative over-reach ....

Helen Rowell , Early Release Initiative , Institute Of Superannuation Trustees , Tax Office , Regulation Authority , Future Your Super , Morrison Government , Your Future , Superannuation Trustees , Superannuation Voluntary Code , Australian Prudential , Deputy Chairman Helen Rowell , Draft Prudential Standard , Serious Financial Crime Taskforce , Budget Submission , Retirement Income , Derivative Transaction Rules , Transaction Rules , Class Order , Internal Dispute , Release Scheme , Corporations Act , Inside Track Superannuation , Funds Management Amp Financial Services , Finance And Banking , Financial Services ,