AUSTRALIA

Australian Securities Regulator Releases Information Sheet on Audit Quality

By Editors | 17/03/2014

The Australian Securities and Investments Commission has released an information sheet that will guide directors and audit committees in enhancing audit quality.

Australia to Implement Reforms in Access Regimes for Credit, Debit Card Systems

By Editors | 07/03/2014

The Payments System Board of the Reserve Bank of Australia has decided in principle to vary the so-called access regimes applying to the designated MasterCard and Visa systems.

Australia Seeks Industry Views on Managed Investment Schemes

By Editors | 07/03/2014

The Corporations and Markets Advisory Committee has released a discussion paper on managed investment schemes.

Australian Regulator Eases Compliance on Internet Securities Offers

By Editors | 04/03/2014

The Australian Securities and Investments Commission has released new guidelines on compliance requirements for businesses making securities offers via the internet.

New Zealand to Allow Crowd Funding from April

By Editors | 04/03/2014

The Cabinet has given its seal of approval to new crowd-funding rules which will come into effect next month.

Australia signs Bilateral Local Currency Swap Agreement with the Bank of Korea

By Editors | 25/02/2014

The Reserve Bank of Australia signed a bilateral local currency swap agreement with the Bank of Korea, allowing for the exchange of local currencies between the banks even in times of financial stress.

Australian Securities Regulator Calls for Tougher Penalties for White-Collar Crime

By Editors | 25/02/2014

The Australian Securities and Investments Commission has called for tougher penalties to combat corporate misconduct.

Australian Banks Welcome US Decision to Adopt Relaxed Ruling on Foreign Banks

By Editors | 21/02/2014

The Federal Reserve has adopted a new rule that will protect the US financial system from potential problems from foreign banks operating in the country.

New Zealand Regulator Enhances Financial Reporting Policy

By Editors | 07/02/2014

The Financial Markets Authority seeks public opinion on proposed changes to public accountability designations for some entity classes, while introducing some class exemptions.