Australia

Market Infrastructure

ASIC FX Probe Nears End with Macquarie Undertaking

By Samuel Riding | 22/05/2017

Macquarie follows Big 4 lenders in promising to fix and monitor conduct by forex traders.

Capital / Liquidity

Australian Treasury to Give Banks Preview of Levy Legislation

By Samuel Riding | 16/05/2017

Affected lenders will have a chance to comment on the draft legislation, official says.

Legal Privilege in Cross-Border Internal Investigations

By Samuel Riding | 16/05/2017

Case arising from RBS’s actions during the last financial crisis provides an object lesson.

AML / KYC

Australia Throws Open Door to Banking Disruptors

By Samuel Riding | 11/05/2017

Capital, shareholding, licensing regulations to be eased, sandbox expanded.

Market Infrastructure

APRA Proposes OTC Margining Substitute Compliance

By Samuel Riding | 10/05/2017

Substitute compliance would encompass 7 jurisdictions including 3 in APAC

Capital / Liquidity

RBNZ Consults on Capital Adequacy Framework

By Samuel Riding | 04/05/2017

Initial consultation will look at eligible instruments, risk measurement, minimum requirements.

Securities / Derivatives

Australian Parliament Confirms Bank Reform Proposals

By Samuel Riding | 26/04/2017

Stronger breach reporting requirement includes naming responsible senior executives.

Market Infrastructure

ASIC Confirms Further ASX Review

By Samuel Riding | 21/04/2017

Regulator also eyeing conduct and culture; conflicts of interest, tech and market innovation risks.

Market Infrastructure

ESMA to Cooperate with New Zealand Regulators on CCPs

By Editors | 20/04/2017

MoU recognises New Zealand’s CCPs as able to provide clearing to EU clearing members, trading venues.