Australia

Anti-Money Laundering

AUSTRAC to Revise AML/CTF Regulations

By Samuel Riding | 15/11/2016

Draft proposals would allow non-permissioned collection, verification of customer information.

Capital Adequacy

APRA Chief Vows Not to Relax Capital Rules

By Samuel Riding | 14/11/2016

Chairman says ‘unquestionably strong’ requirement to remain in place despite Dodd Frank uncertainty.

Capital Adequacy

Australia Finalises Securitisation Standard

By Samuel Riding | 11/11/2016

Standard covers risk framework and regulatory capital requirements.

Anti-Money Laundering

ASIC Security Adviser Charged with ML Offences

By Samuel Riding | 11/11/2016

High level employee alleged to have created false documents, illegally altered information.

Structural Regulation

ASIC Backs Industry-funded Model

By Samuel Riding | 09/11/2016

Proposed model will allocate funding according to each sector supervised by securities regulator.

Structural Regulation

NZ Proposes Market Infrastructure Stability Framework

By Samuel Riding | 09/11/2016

Regulator says framework will promote financial stability amidst evolving market landscape.

Market Abuse

Information Leaks, Insider Info Declining – ASIC

By Samuel Riding | 07/11/2016

Report reminds firms to review sell-side, corporate advisory regulatory requirements.

Anti-Money Laundering

AUSTRAC to Assist Fintech Firms on AML, CTF

By Samuel Riding | 07/11/2016

New site will inform firms on AML, CTF issues; enable direct contact with regulator.

Supervision & Enforcement

ASIC Steps Up Surveillance

By Samuel Riding | 02/11/2016

Regulator collected $161mn in compensation and remediation for investors and clients.