Australia

The Dangers of ‘Bail-in’ Securities

By Samuel Riding | 11/10/2016

Complex ‘quasi-equity’ instruments are no substitute for higher equity capitalisation.

Market Infrastructure

New Zealand to Revise Regulatory Reporting Framework

By Samuel Riding | 11/10/2016

Regulator consults on what information should be gathered from intermediaries.

Australia Clamps Down on Late Financial Reports

By Samuel Riding | 07/10/2016

ASIC has cancelled Australian Financial Services licenses of three firms this year and suspended two.

Market Infrastructure

Australia Tightens Key Benchmark Rules

By Samuel Riding | 05/10/2016

New regulations require registration of benchmark-setting bodies.

AML / KYC

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

By Samuel Riding | 05/10/2016

CBA acknowledges “poor customer outcomes”, failed to commit on victims’ compensation.

Market Infrastructure

ASIC Extends Relief for FFSPs

By Samuel Riding | 04/10/2016

Passporting exemptions extended for two years; regulator also consults on licensing relief.

Capital / Liquidity

Australia Revises Funding Ratio, LCR Proposals

By Samuel Riding | 29/09/2016

APRA chairman says deposit-taking institutions now obtain funding from ‘more stable’ sources.

Building Australia’s RMB Hub

By Editors | 26/09/2016

New securities depository a key building block for Australian ambitions, suggests ASX’s Helen Lofthouse.

Capital / Liquidity

New Zealand to Enhance Bank Disclosure Rules

By Samuel Riding | 26/09/2016

Proposal aims to improve efficiency of prudential requirements for banks and non-bank deposit takers.