Australia

AML / KYC

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.

Australian Banks Face US Civil Action on Alleged Rate Rigging

By Samuel Riding | 19/08/2016

Civil claim accuses lenders of racketeering, wire fraud and collusion; cites ASIC investigations.

Crypto / Digital Assets

ASX Advances Blockchain Development

By Samuel Riding | 18/08/2016

Permission-based network due to replace electronic sub-register.

Capital / Liquidity

ANZ Moves to Boost Tier 1 Capital

By Samuel Riding | 17/08/2016

Bank unveils USD757mn hybrid bond offering to meet APRA requirements.

Market Infrastructure

Australian Equities Market Cleaner Since Rule Change

By Editors | 11/08/2016

Anomalous trading ahead of announcements declining, ASIC says.

AML / KYC

ASIC Prompts Banks on Handling of Sensitive Information

By Editors | 10/08/2016

While most firms have adequate policies, implementation is inconsistent.

AML / KYC

Continuous Disclosure Tops ASIC’s Enforcement List

By Editors | 10/08/2016

33 percent of ASIC market integrity enforcements addressed listed firms’ disclosure burden.

Capital / Liquidity

APRA Finalises Conglomerate Groups Supervision Framework

By Editors | 10/08/2016

The eight conglomerate groups control approximately 80 percent of APRA-regulated institutions’ assets.

Capital / Liquidity

APRA Drafts Banks’ Reporting Requirements

By Editors | 02/08/2016

Regulator proposes changes to reporting of banks’ international exposures.