Commerce Minister Craig Foss is welcoming a new era for New Zealand’s financial markets as the Financial Markets Conduct Act comes into force today.
Australia’s head of the financial systems inquiry David Murray has warned that tough banking capital rules designed for the United States and Europe may be hurting economic growth in Australia.
The Financial Markets Authority reported that new regulations are assisting investors to make better informed decisions about unsolicited or low ball offers.
The Reserve Bank of New Zealand sees a need to strengthen coordination between monetary and macro-prudential policies.
Australian Securities and Investments Commission released a report outlining the penalties for a range of “corporate wrongdoing."
The Australian Securities and Investments Commission is preparing to launch an investigation into the potential manipulation of foreign exchange benchmarks by the country’s biggest banks.
The Basel Committee on Banking Supervision said Australia’s capital regulation framework overall was “compliant”.
The Financial Reporting Act, which changes financial reporting obligations for most companies, comes into effect on 1 April 2014.
The Australian Securities and Investments Commission has released an information sheet that will guide directors and audit committees in enhancing audit quality.
The Payments System Board of the Reserve Bank of Australia has decided in principle to vary the so-called access regimes applying to the designated MasterCard and Visa systems.