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Prudential standardsДЄPRA establishes prudential standards that regulated institutions must comply with. The rules and requirements for starting a prudentially regulated entity in Australia differ depending on the type of business that is being established.ДЇurther information onВ APRA's licensing process can be accessed on the LicensingВ page. depositors, policyholders and superannuation fund members) are kept. LicensingДЄPRA licenses banking, insurance and superannuation businesses to operate and supervises them to ensure that under all reasonable circumstances, the financial promises made to their beneficiaries (i.e.

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If there is one thing worse than an issue that distills several cases at once, itвЂ™s one of which the metaphorical potential is so rich that it would be vulgar to mine it. Water companies pump out raw sewage because they canвЂ™t afford the infrastructure improvements it would take not to do so they have also paid out ВЈ57bn in dividends over the past 30 years. Third, the downsides of privatisation are often palpable but opaque, hard to prove and speculative. Second, running up to Cop26, there is a building sense that the environment will bear the brunt as we witness the consequences of electing a joke government that doesnвЂ™t keep promises. Now, itвЂ™s leavers trying to make the case for complexity вЂ“ вЂњWe think youвЂ™ll find this is actually about heavy rainfall and Victorian sewerageвЂќ вЂ“ while remainers are making the simple, emotional case: вЂњThings used to be better and now theyвЂ™re shit.вЂќ The boot is on the other foot in this rift that wonвЂ™t heal вЂ“ it used to be remainers making detailed, boring, practical arguments, while Brexiters sang their full-throated freedom shanties. First, all those Brexit promises вЂ“ that nothing would change, except to improve that our environmental protections without the EU would be, if anything, better. Sewage has become a powerful symbol of a number of things at once. I think I can help, here, with a little explainer. Querulous Tories are taking to Twitter crying fake news, puzzled by the strength of public feeling.

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The website Evolve Politics published the list in full and thus crashed itself, so urgent was public interest in the names. A Lords amendment sought to put a duty on water companies not to dump raw sewage into the waterways вЂ“ and 265 Tories voted against it. ItвЂ™s a rangy piece of legislation, of which the faeces element is only a small part. That was possibly the working assumption of Conservative MPs, who are now experiencing mounting unease вЂ“ lobby-speak for freaking the hell out вЂ“ over the environment bill that is ping-ponging through parliament. Maybe people just didnвЂ™t care about sewage, one way or the other? I remember the good olвЂ™ days, when we werenвЂ™t always lurching from one crisis to another and we had time to wonder why the EUвЂ™s clean-beach legislation hadnвЂ™t done more for its popularity.

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