Australia

APRA Publishes Template for Reporting Material Service Providers

By Editors | 22/10/2024

Regulated entities will use the template to provide their MSP register to APRA on an annual basis, as required by the new CPS 230 standard.

ESG / Sustainability

CME Group Launches Trading in ACCU Futures on NYMEX

By Editors | 22/10/2024

CME Group’s Peter Keavey said the CBL ACCU futures contract was launched to help firms manage the risks associated with carbon reduction strategies.

Market Infrastructure

DSB Says Australia, Singapore Ready for UPI Reporting

By Editors | 18/10/2024

Australia and Singapore will go live with UPI reporting requirements for OTC derivatives transactions starting from 21 October.

AML / KYC

Australian Super Fund Body Launches Financial Crime Protection Initiative

By Thisanka Siripala | 29/09/2024

The ASFA initiative aims to enhance collaboration between super funds and service providers to combat cybercrime and fraud.

Australian Treasurer Makes First Official China Visit in 7 Years

By Thisanka Siripala | 28/09/2024

Discussions focused on strengthening ties with a focus on trade, investment, decarbonisation, and reducing the regulatory burden on businesses.

Fintech / Regtech

Australia Rolls Out Merchant Choice Routing for Mobile Payments

By Thisanka Siripala | 27/09/2024

AP+ said merchants will for the first time have the choice to process mobile wallet payments via the lower-cost eftpos network.

Australia Consults on Further Revisions to Tax Agents Code of Conduct

By Sanday Chongo Kabange | 26/09/2024

The revisions aim to address industry concerns about obligations to correct false or misleading statements and disclosures that must be made to clients.

ESG / Sustainability

New Zealand Considers Ways to Ease Climate Reporting Burden

By Mark Johnston | 26/09/2024

The XRB is considering easing certain disclosure and assurance requirements to allow time for improvements in data availability and quality.

Enforcement

ASIC Fines Macquarie for ‘Serious’ Gatekeeper Failure

By Sanday Chongo Kabange | 26/09/2024

Macquarie was fined for failing to act promptly and appropriately to prevent manipulation in the electricity futures market.