Capital / Liquidity

APRA Increases Capital Add-on Imposed on ANZ Bank

23/08/2024

APRA said several issues emerging in ANZ’s markets business have increased its “longstanding concerns” about the bank’s non-financial risk management.

Enforcement

NZ Court Fines Ex-Insurer for Disclosure Breaches

23/08/2024

The High Court ordered former CBLC Managing Director Peter Harris to pay NZD 1.4 million for breaching financial market rules in a case brought by the FMA.

APRA Finalises Cross-industry Standard on Defined Terms

23/08/2024

The new standard, CPS 001, will act as a central glossary for ADIs and insurers to promote more consistent definitions going forward.

ESG / Sustainability

HKMA Issues Guidance for Banks on Climate Risk Governance

23/08/2024

The guidance is aimed at helping banks to develop and enhance their governance structures and oversight frameworks for climate risk.

AML / KYC

Hong Kong, Macao Authorities Arrest Seven in Joint Operation

23/08/2024

The SFC, ICAC and the Macao Judiciary Police arrested seven individuals for suspected fraud, including the chairman of a listed company.

ESG / Sustainability

BSP, NBC to Cooperate on Payment System Connectivity, Digital Finance

22/08/2024

The central banks will collaborate on payment connectivity, digital finance innovation, AI, cyber security, and sustainable finance.

ESG / Sustainability

ASX Commences Trading in New Natural Gas Futures Contract

21/08/2024

ASX said the Wallumbilla Natural Gas Futures contract will help investors hedge energy transition risks and more confidently invest in decarbonisation initiatives.

Market Infrastructure

ASIC Finds Lack of Maturity in Banks’ Scam Strategies

21/08/2024

ASIC conducted a review of scam strategies and governance at 15 non-big-four banks, finding a “less mature approach” than expected.

Capital / Liquidity

RBNZ Consults Additional Standards for New DTA Regime

21/08/2024

RBNZ is consulting on standards covering areas such as governance, lending, risk management and operational resilience.