Australia

Securities / Derivatives

New Zealand FMA Approves First Passport Fund Under ARFP

By Editors | 26/01/2022

NZX-owned Smartshares Limited has become the first fund manager to be approved under the Asia Region Funds Passport scheme.

Fintech / Regtech

ASIC to Enhance Corporate Disclosures Through Regtech

By Sanday Chongo Kabange | 24/01/2022

Five regtechs are tasked with conducting a feasibility study to help ASIC analyse corporate disclosures and assess compliance by listed companies.

APRA Revises Reporting Frequency for New Operational Risk Standard

By Editors | 24/01/2022

APRA is revising the reporting frequency for the new operational risk standard from quarterly to annually.

Securities / Derivatives

ASIC Proposes Revisions For ETP Naming Conventions

By Editors | 23/01/2022

ASIC proposes to revise the ETP naming conventions by dividing them into two levels of labelling: primary labels and secondary labels.

Market Infrastructure

RBNZ, FMA Releases Finalised Framework for FMIs

By Sanday Chongo Kabange | 21/01/2022

Changes from the consultation relate to the treatment of critical service providers and introduce discretion regarding the publication of material breaches.

AML / KYC

AUSTRAC Expands AML Probe of Star Casino Group to ‘Other Entities’

By Sanday Chongo Kabange | 21/01/2022

AUSTRAC has advised Star that it has not yet made a decision regarding its regulatory response, including whether or not enforcement action will be taken.

Capital / Liquidity

New Zealand to Probe Lenders on Application of New Lending Rules

By Mark Johnston | 20/01/2022

The government has asked the Council of Financial Regulators to bring forward an investigation into whether lenders are implementing the new lending rules as intended.

RBNZ Proposes to Reduce ‘Burden’ of Preparing Assurance Reports

By Editors | 20/01/2022

The RBNZ proposes changes to make assurance reports on bank disclosure statements easier to navigate, more readable, and easier to prepare.

Capital / Liquidity

ASX Recalibrates Capital Requirements for Clearing Participants

By Manesh Samtani | 20/01/2022

An October 2020 proposal to introduce ‘Adjusted Liquid Capital’ as a single capital measure will be implemented no earlier than February 2023, with some adjustments.