Australia

Emerging Prudential Risks

APRA Commences Initiative to Modernise Prudential Architecture

By Editors | 02/02/2022

APRA says there will be a need for innovation in regulation and new rules, including to address how crypto-assets are treated for prudential purposes.

Trading & Investment

Chi-X Australia Completes Initial Integration with Cboe

By Editors | 01/02/2022

Cboe Global Markets acquired Chi-X in June 2021. The ongoing integration will bring the BIDS block trading model to the Australian market.

Trading & Investment

ASIC, SFC Offer Guidance on FX Practices Following Joint Review

By Manesh Samtani | 27/01/2022

Financial groups should promote a strong risk culture, put in place appropriate supervision and surveillance, and ensure fairness and transparency in trade execution.

Trading & Investment

New Zealand FMA Approves First Passport Fund Under ARFP

By Editors | 26/01/2022

NZX-owned Smartshares Limited has become the first fund manager to be approved under the Asia Region Funds Passport scheme.

Cloud & Infrastructure

ASIC to Enhance Corporate Disclosures Through Regtech

By Sanday Chongo Kabange | 24/01/2022

Five regtechs are tasked with conducting a feasibility study to help ASIC analyse corporate disclosures and assess compliance by listed companies.

Operational Risk

APRA Revises Reporting Frequency for New Operational Risk Standard

By Editors | 24/01/2022

APRA is revising the reporting frequency for the new operational risk standard from quarterly to annually.

Structural Regulation

ASIC Proposes Revisions For ETP Naming Conventions

By Editors | 23/01/2022

ASIC proposes to revise the ETP naming conventions by dividing them into two levels of labelling: primary labels and secondary labels.

Structural Regulation

RBNZ, FMA Releases Finalised Framework for FMIs

By Sanday Chongo Kabange | 21/01/2022

Changes from the consultation relate to the treatment of critical service providers and introduce discretion regarding the publication of material breaches.

Anti-Money Laundering

AUSTRAC Expands AML Probe of Star Casino Group to ‘Other Entities’

By Sanday Chongo Kabange | 21/01/2022

AUSTRAC has advised Star that it has not yet made a decision regarding its regulatory response, including whether or not enforcement action will be taken.