Australia

ASIC and Fintech: A Model Regime

By Peter Guy | 27/10/2016

Regulator’s fintech commissioner reveals how forward looking authority deals with rapid technological change.

AML / KYC

ASIC Details Enforcement Drive

By Samuel Riding | 21/10/2016

Regulator reveals members and terms of reference for Enforcement Review Task Force

AML / KYC

Australia to Launch Banker Remuneration Review

By Samuel Riding | 19/10/2016

APRA says FIs need to ‘better understand and manage their risk cultures’.

Market Infrastructure

APRA Finalises Non-Centrally Cleared Derivatives Rules

By Samuel Riding | 18/10/2016

Regulator will not announce implementation date or timetable yet to allow FIs time to prepare.

Capital / Liquidity

China Banking Sector Could Face ‘Disruptive Adjustment’ – RBA

By Samuel Riding | 14/10/2016

Australian central bank concerned by rising debt, slowing economic growth and risks from smaller lenders.

Market Infrastructure

ASX Revamps Code of Conduct

By Samuel Riding | 12/10/2016

Council of Financial Regulators also issues minimum conditions for competition.

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.