New securities depository a key building block for Australian ambitions, suggests ASX’s Helen Lofthouse.
Proposal aims to improve efficiency of prudential requirements for banks and non-bank deposit takers.
ASIC brings prosecution on 11 charges related to trades in 7 companies.
ASX says disruption was due to hardware failure and not a cyber-attack.
Revisions aims to align framework with Basel changes.
Measures aim to prevent systemic risk arising from advisers’ conduct.
Exemptions apply to licensed trustees appointed under a will, power of attorney, or to act for incapacitated clients.
Bank charged fees on payments between accounts held by the same customer.
Guidance covers licensing through to actual advice provision.
ADIs should hold conservation buffer of 2.5% of RWA, rising to 3.5% for D-SIBS.