Australia

Resolution & Recovery

Australia Proposes Bankruptcy, Insolvency Reforms

By Samuel Riding | 03/05/2016

Measures designed to boost innovation could have knock-on impact on capital markets.

Supervision & Enforcement

ASIC to Use Windfall to Boost Surveillance, Enforcement

By Samuel Riding | 21/04/2016

Australian securities regulator also welcomes shift to industry funding model.

Credit Risk

Australian Bank Tightens Rules on Mortgages for Foreigners

By Samuel Riding | 20/04/2016

Commonwealth Bank of Australia follows ANZ in tightening terms amid overheating concerns.

Capital Adequacy

Australia to Finalise Capital Framework by Year-end

By Samuel Riding | 15/04/2016

APRA to detail components of move towards ‘unquestionably strong’ framework, central bank says.

Cryptocurrency

Australian Bitcoin Exchanges Face Calls for Greater Scrutiny

By Samuel Riding | 14/04/2016

Calls for tighter rules amid rumoured collapse of Igot bitcoin exchange.

Operational Risk

APRA Looks to Bank Boards for Leadership

By Samuel Riding | 12/04/2016

Commonwealth Bank board to provide details of risk culture, plans to improve standards.

Clearing & Post-Trade

Australia Clearing Competition Unlikely to Emerge

By Samuel Riding | 08/04/2016

Nod to opening up cash equities clearing masks real opportunities in last week’s Treasury announcement.

Market Abuse

ASIC Starts Civil Case Against Westpac for BBSW Manipulation

By Samuel Riding | 06/04/2016

Securities regulator instigates case for ‘unconscionable conduct and market manipulation’.

Liquidity Risk

APRA Issues Funding Ratio Consultation

By Samuel Riding | 31/03/2016

Australia set to follow Basel timetable and implement Net Stable Funding Ratio by January 2018.