Australia

Australian Regulator Eases Compliance on Internet Securities Offers

By Editors | 04/03/2014

The Australian Securities and Investments Commission has released new guidelines on compliance requirements for businesses making securities offers via the internet.

New Zealand to Allow Crowd Funding from April

By Editors | 04/03/2014

The Cabinet has given its seal of approval to new crowd-funding rules which will come into effect next month.

Australia signs Bilateral Local Currency Swap Agreement with the Bank of Korea

By Editors | 25/02/2014

The Reserve Bank of Australia signed a bilateral local currency swap agreement with the Bank of Korea, allowing for the exchange of local currencies between the banks even in times of financial stress.

Australian Securities Regulator Calls for Tougher Penalties for White-Collar Crime

By Editors | 25/02/2014

The Australian Securities and Investments Commission has called for tougher penalties to combat corporate misconduct.

Australian Banks Welcome US Decision to Adopt Relaxed Ruling on Foreign Banks

By Editors | 21/02/2014

The Federal Reserve has adopted a new rule that will protect the US financial system from potential problems from foreign banks operating in the country.

New Zealand Regulator Enhances Financial Reporting Policy

By Editors | 07/02/2014

The Financial Markets Authority seeks public opinion on proposed changes to public accountability designations for some entity classes, while introducing some class exemptions.

Australian Regulator Releases Enhanced Guidance on Risk Management

By Editors | 04/02/2014

The Australian Prudential Regulation Authority has released a package that harmonises and enhances its current risk management requirements.

Australian Regulator Examines Risks Posed By Complex Products

By Editors | 03/02/2014

The Australian Securities and Investments Commission released a new report reviewing the risks posed by complex products and how it will work to regulate them.

Australian Regulator Puts Basel III Liquidity Framework Into Effect

By Editors | 30/01/2014

The Australian Prudential Regulation Authority (APRA) has released a note to authorised deposit-taking institutions (ADIs) regarding the establishment of a secured committed liquidity facility with the nation’s central bank.