Australia’s superannuation sector is increasingly turning to technology-driven solutions to harness the value of investment data amid growing complexity of investment operations in the industry.
June 19, 2014The Australian Securities and Investments Commission has moved the deadline back to July 2015 for superannuation funds and management investment schemes to comply with fee and cost disclosure requirements.
June 18, 2014Australia’s top fund managers will lead high level discussions with South Korean officials and chief executives on how they can develop closer ties in financial services.
June 17, 2014Australia could be forced to increase its oversight of the US$4 trillion-a-day foreign exchange market in line with tougher United Kingdom rules.
June 12, 2014Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.
June 11, 2014The Australian regulator released a consultation paper proposing class order relief and guidance for foreign companies offering CHESS Depositary Interests over their shares to investors in Australia.
May 30, 2014Australian Securities and Investments Commission (ASIC) is encouraging providers of investor directed portfolio services or so-called platforms to review ongoing compliance with class orders.
May 30, 2014A group of senior representatives from Hong Kong and Australian banks met to review developments in the Renminbi (RMB) business and consider ways to strengthen RMB products and services, with a view to facilitating greater participation of corporates and other...
May 23, 2014Australian Prudential Regulation Authority has told banks it will stop allowing lenders to use non-recourse debt to bolster their Tier 1 capital requirements.
May 9, 2014Australia’s securities regulator has outlined ongoing and new initiatives to cut red tape and lower compliance costs for market participants.
May 8, 2014