AUSTRALIA

ASIC Finalises Fee Disclosure Requirements

By Samuel Riding | 23/02/2017

Three ‘no-action’ conditions removed from disclosure statement rules.

Capital / Liquidity

APRA Moots Climate-change Stress Tests

By Samuel Riding | 17/02/2017

Executive board member says climate change now has ‘potential system-wide implications’.

Capital / Liquidity

APRA to Revise Countercyclical Buffer Reporting

By Samuel Riding | 15/02/2017

ADIs will be required to report on a quarterly basis.

AML / KYC

NZ Regulator Eyes Governance, Culture

By Samuel Riding | 15/02/2017

Financial Markets Authority sets out seven priorities for the coming year.

Capital / Liquidity

RBNZ Continuing Work on Bank Reporting Dashboard

By Samuel Riding | 15/02/2017

Banks raise concerns about publication timing, data control, inclusion of liquidity metrics.

Ex-Westpac Banker Jailed for Mis-selling $3mn of Loans

By Samuel Riding | 10/02/2017

Investigation finds former banker encouraged elderly victims to borrow and invest despite their limited means.

AML / KYC

Bureaucracy Hinders Australia Regtech Adoption

By Samuel Riding | 09/02/2017

ASIC urged to work with government to help cut regulatory costs, relax requirements.

Market Infrastructure

New Zealand Revises Bank Outsourcing Policy

By Samuel Riding | 03/02/2017

Revisions aim to ensure consistent compliance in resolving bank failures.

Australian Bank Repays $3.7mn in Overcharged Fees

By Samuel Riding | 02/02/2017

Bankwest failed to ensure clients’ offset bank accounts were properly linked with home loans.