ASIC is assessing how changes to continuous disclosure laws will affect the practicality of issuing infringement notices.
The proposed rules seek to strengthen supervision of credit rating agencies, improve their independence and quality controls, and ensure more realistic ratings.
The SEC, FSA, and FINMA are monitoring the situation, after the collapse of Archegos Capital Management left Nomura and Credit Suisse with billions in losses.
The rules are expected to include conditions for sponsors or SPACs. Acquisition targets will have to meet the existing standards for IPOs.
Under revised regulations, the deemed residual maturity of perpetual or AT1 bonds would remain 10 years until 31 March 2022.
The SEC has reportedly written to banks seeking information on how underwriters are managing the risks involved.
The acquisition will provide Cboe with a single point of entry into Australia and Japan and bring block trading capabilities to the APAC region.
Investor interest was stronger than expected, with subscriptions amounting to more than four times the proposed issue size.
Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.
Securities regulators will continue to enforce requirements to recognise, measure and disclose uncertainties about an entity’s ability to continue as a going concern.
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