Australia

ASIC Steps Up Surveillance

By Samuel Riding | 02/11/2016

Regulator collected $161mn in compensation and remediation for investors and clients.

APRA Seeks Stronger Powers over Superannuation

By Samuel Riding | 01/11/2016

Additional powers said to address lapses in governance, risk management, and conflict management.

Australian Banks Asked to Pay Back $135mn in Fees

By Samuel Riding | 28/10/2016

Institutions were collecting fees for advice without giving any advice.

Market Infrastructure

Australia, Kenya to Exchange Regulatory Information

By Samuel Riding | 27/10/2016

Innovation Hub agreement aims to boost capital markets.

ASIC and Fintech: A Model Regime

By Peter Guy | 27/10/2016

Regulator’s fintech commissioner reveals how forward looking authority deals with rapid technological change.

AML / KYC

ASIC Details Enforcement Drive

By Samuel Riding | 21/10/2016

Regulator reveals members and terms of reference for Enforcement Review Task Force

AML / KYC

Australia to Launch Banker Remuneration Review

By Samuel Riding | 19/10/2016

APRA says FIs need to ‘better understand and manage their risk cultures’.

Market Infrastructure

APRA Finalises Non-Centrally Cleared Derivatives Rules

By Samuel Riding | 18/10/2016

Regulator will not announce implementation date or timetable yet to allow FIs time to prepare.

Capital / Liquidity

China Banking Sector Could Face ‘Disruptive Adjustment’ – RBA

By Samuel Riding | 14/10/2016

Australian central bank concerned by rising debt, slowing economic growth and risks from smaller lenders.