The inquiry will examine why major companies in Australia, including the big four banks, seem to be able to consistently charge high prices, said ACCC chair Rod Sims.
October 3, 2018In a white paper, Giancarlo proposes an alternative cross-border framework that pursues multilateralism and gives deference to non-US jurisdictions with comparable G20 swaps reforms.
October 3, 2018Firms must report OTC derivatives transactions in commodities and equities to a licensed trade repository; DTCC welcomes the MAS' move to improve transparency and reduce risk.
October 2, 2018The FSA will conduct on-site inspections at financial institutions over the next 12 months, hoping to clean up its image with the FATF before it hosts the G20 summit next year.
October 1, 2018Over 1,700 financial institutions have shared customer account balances and income details with the tax authority, as required by AEOI.
September 12, 2018Central bank and finance ministry officials from China and Japan have agreed to increase dialogue and cooperation on financial supervisory and stability efforts, while opening up financial markets to each other.
September 3, 2018FSB, BCBS, CPMI and IOSCO consultative document suggests some aspects of regulatory reform may not incentivise provision of client clearing services.
August 9, 2018FATF is actively monitoring crypto assets for AML/CTF risks and is reviewing its guidance and standards to determine if changes are needed to reflect their technical aspects.
July 26, 2018The FSB submitted a report to the G20 detailing a framework to monitor potential contagion risks and wealth effects arising from crypto-assets.
July 19, 2018SFC consultation proposes to phase-in IM requirements to avoid market disruption; VM to take effect on 1 September 2019.
June 20, 2018