Australia

Trading & Investment

Australian Regulators Urge Adherence to ISDA IBOR Fallbacks

By Editors | 14/10/2020

The ISDA IBOR fallbacks protocol and supplement were informed by extensive consultation with industry, including in Australia.

Credit Risk

Almost Half of Deferred Loans Resume Repayments: ABA

By Editors | 14/10/2020

The ABA says 45% of deferred mortgages and 41% of small and medium business loans that had been deferred are back to making regular loan repayments.

Trading & Investment

SGX, NZX Seek Partnership to Fuel Growth in Dairy Derivatives

By Editors | 14/10/2020

The partnership with SGX will help NZX to unlock and accelerate growth in liquidity and market scale in its dairy derivatives market.

Emerging Prudential Risks

APRA to Align Prudential Standards with IAIS ComFrame

By Editors | 13/10/2020

APRA has designated QBE Insurance Group as an internationally active insurance group, which will promote coordination with other international supervisors.

Anti-Money Laundering

AUSTRAC Publishes Financial Crime Guide on Illegal Wildlife Trade

By Manesh Samtani | 11/10/2020

The guide offers indicators FIs can use in profiling and transaction monitoring to target, identify and stop financial transactions associated with illegal wildlife trafficking.

Trading & Investment

Australia to Assist Cambodia in Capital Markets Development

By Editors | 11/10/2020

The Australian government will provide technical assistance to develop a regulatory framework and market capacity for investment in infrastructure.

Conduct, Culture & Accountability

Australia Federal Budget Delivers Super Fund Accountability

By Editors | 09/10/2020

Super funds will be forced to enhance disclosures on fees and performance. Consistently underperforming super funds will be prohibited from receiving new members.

Clearing & Post-Trade

ASX Proposes Auctions Mechanism to Handle Futures Participant Defaults

By Editors | 08/10/2020

ASX proposes rule amendments to allow it to auction off exchange-traded derivatives positions in the event that a futures clearing participant defaults.

Supervision & Enforcement

APRA Commences Roll-out of New Risk Supervision Model

By Manesh Samtani | 06/10/2020

The move to the new Supervision Risk and Intensity Model could lead to a change in the intensity of supervision that APRA applies for some entities.