Australia

Australia Gov’t to Push Senior Managers Regime

By Samuel Riding | 27/02/2017

Bonuses could be frozen when banks are in the midst of a scandal.

Capital / Liquidity

APRA Updates Mortgage Lending Guidelines

By Samuel Riding | 24/02/2017

Regulator says ‘principles-based approach’ doesn’t ‘ensure sound residential mortgage lending assessments’.

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.