Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORESIS Act 'due for overhaul', says APRA
The Superannuation Industry (Supervision) Act is an accumulation of specific requirements added in a “piecemeal fashion over time” and could be better streamlined, according to the Australian Prudential Regulation Authority.
In a recent submission to the royal commission, the Australian Prudential Regulation Authority (APRA) defended the current regulatory architecture, stating that under the current structure, APRA’s core mandate is focused on safety and soundness while ASIC’s is focused on consumer protection.
Read the full article at SMSF Adviser.
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