AUSTRALIA

ASIC Publishes Changes to Market Integrity Rules

By Samuel Riding | 30/10/2015

Changes impact warrants and ETFs traded on new Chi-X investment product market.

Australia’s Big Four Banks Face Grilling on Bad Debts, Margins

By Editors | 28/10/2015

Expected move follows market leading rate increases in July and August amid regulatory scrutiny of high profitability.

ASIC Publishes Results of New Reviews of HFT and Dark Liquidity

By Editors | 26/10/2015

ASIC releases report examining the impact of high-frequency trading on Australian equity and futures markets and dark liquidity on Australian equity markets.

APRA Seeks Stronger Powers to Prevent Bank Failures

By Editors | 24/10/2015

The Australian Prudential Regulation Authority will seek stronger powers to help it prevent distressed banks from collapsing.

APRA Spotlight on Super Fund Governance, Risk Mgt

By Editors | 24/10/2015

The Australian Prudential Regulation Authority is stepping up its attention to superannuation fund governance with increased attention to liquidity management and stress testing.

Australia Govt Responds to Financial System Inquiry

By Editors | 21/10/2015

Australia’s Government has announced the release of its response to the Financial System Inquiry, in which it details its acceptance of the overwhelming majority of the Inquiry’s recommendations.

APRA Releases FAQs on Super Fund Governance Consultation

By Editors | 19/10/2015

The Australian Prudential Regulation Authority has released a set of FAQs responding to questions raised in relation to its consultation package on super fund governance arrangements.

RBA Designates Payment Systems for Regulatory Review

By Editors | 18/10/2015

The Reserve Bank of Australia has announced it has designated a number of card companies under the Payment Systems Act.

Super Funds Oppose Plan for Independent Directors

By Editors | 16/10/2015

Union-backed superannuation funds are urging Australia’s prime minister to scrap new legislation which would force them to ensure that one-third of directors including the chairman are independent.