Australia

Capital / Liquidity

ASIC Proposes New Fund Risk Regulation

By Samuel Riding | 22/07/2016

Proposals aim to ensure risk management systems are adaptable, effective.

ASIC to Step up Monitoring of Bank Culture

By Samuel Riding | 21/07/2016

Australian public regards financial sector as having weakest ethics, Governance Institute survey finds.

ASIC Issues IPO Due Diligence Report

By Samuel Riding | 15/07/2016

Poor due diligence correlates with defective prospectus disclosures, study finds.

Securities / Derivatives

ASIC Consults on Market, Securities Class Orders

By Samuel Riding | 14/07/2016

Regulator proposes to remake nine instruments, vary or repeal three.

Market Infrastructure

APRA Defines HQLA for Coverage Ratio

By Samuel Riding | 14/07/2016

Regulator says it will continue to develop and vary its definition if warranted.

AML / KYC

ABA Sets up Pay and Commissions Review

By Samuel Riding | 13/07/2016

Review will also look at payments to third parties including mortgage brokers.

ASIC Details Alleged NAB Rate-rigging

By Samuel Riding | 11/07/2016

Australian banks should improve compliance as series of scandals emerges, regulator says.

AML / KYC

ABA Launches Code of Practice Review

By Samuel Riding | 08/07/2016

Bankers’ association to revamp guidelines for treatment of individuals and small businesses.

ASIC Warns on Unlicensed OTC

By Samuel Riding | 07/07/2016

Securities regulator has contacted 40 unlicensed operators, 21 have taken remedial measures.