Australia

AML / KYC

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

By Samuel Riding | 05/10/2016

CBA acknowledges “poor customer outcomes”, failed to commit on victims’ compensation.

Market Infrastructure

ASIC Extends Relief for FFSPs

By Samuel Riding | 04/10/2016

Passporting exemptions extended for two years; regulator also consults on licensing relief.

Capital / Liquidity

Australia Revises Funding Ratio, LCR Proposals

By Samuel Riding | 29/09/2016

APRA chairman says deposit-taking institutions now obtain funding from ‘more stable’ sources.

Building Australia’s RMB Hub

By Editors | 26/09/2016

New securities depository a key building block for Australian ambitions, suggests ASX’s Helen Lofthouse.

Capital / Liquidity

New Zealand to Enhance Bank Disclosure Rules

By Samuel Riding | 26/09/2016

Proposal aims to improve efficiency of prudential requirements for banks and non-bank deposit takers.

Ex-Credit Suisse Broker Denies Procuring Insider Trading

By Samuel Riding | 21/09/2016

ASIC brings prosecution on 11 charges related to trades in 7 companies.

Market Infrastructure

ASIC Investigates ASX Outage

By Samuel Riding | 20/09/2016

ASX says disruption was due to hardware failure and not a cyber-attack.

Capital / Liquidity

APRA to Revise Counterparty Credit Risk Framework

By Samuel Riding | 16/09/2016

Revisions aims to align framework with Basel changes.

AML / KYC

ASIC Releases Remediation Guidelines for Financial Advisers

By Samuel Riding | 16/09/2016

Measures aim to prevent systemic risk arising from advisers’ conduct.