All posts tagged "Treasury"
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391Australia & NZAustralia Considers Making CDR Data More Portable
Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.
May 6, 2021 -
351AML / KYCUS Lawmakers Call for ‘War-like Footing’ Against Corruption
In a letter to Janet Yellen, two lawmakers have called for AML obligations to be expanded to hedge funds, private equity, and other professional enablers.
May 6, 2021 -
144Australia & NZAustralia Enhances Super Fund Performance Test in Draft Bill
Industry bodies broadly support the inclusion of administrative fees in the performance test, though an extra one million super accounts could fail the test as a result.
May 5, 2021 -
123Australia & NZ
Australia: Treasury to Merge Quality of Advice, Life Insurance Reviews
Rather than conducting two separate reviews, the quality of advice review will also consider the Life Insurance Framework as part of its wider mandate.
May 1, 2021 -
277Australia & NZTreasury Announces New Chair, Deputy Chair for ASIC
The Treasury also said will introduce legislation by mid-year to establish the FRAA, a new body to oversee the performance of ASIC and APRA.
May 1, 2021 -
460AML / KYCAustralia Scraps Plan to Introduce Beneficial Ownership Register
Senator Jane Hume reportedly refused to back the register, a move experts say will entrench Australia as a money laundering haven.
April 30, 2021 -
211Australia & NZ
Australia Issues Draft Bill on Financial Advice Reforms
The bill will expand the role of ASIC's Financial Services and Credit Panel so that it operates as the single disciplinary body for financial advisers.
April 21, 2021 -
201Market Infrastructure
US Treasury Unveils Coordinated Climate Policy Strategy
The Treasury Department has created a new Climate Hub and appointed a Climate Counsellor to coordinate and lead efforts to address climate change.
April 21, 2021 -
328AML / KYCUS Sanctions Russia Over Election Interference, Cyber Attack
US banks will be barred from purchasing rouble-denominated sovereign bonds in the primary market starting from 14 June.
April 16, 2021 -
285AML / KYC
Australian Treasury Consults on New Director ID Regime
The director ID regime will help to promote good corporate conduct, deter illegal phoenix activities, and facilitate traceability of directors over time.
March 24, 2021
