Australia

AML / KYC

Australia Launches Tax Disclosure Consultation

By Samuel Riding | 04/05/2016

Government recommends adoption of OECD mandatory disclosure rules on base erosion, profit shifting.

Australia Proposes Bankruptcy, Insolvency Reforms

By Samuel Riding | 03/05/2016

Measures designed to boost innovation could have knock-on impact on capital markets.

AML / KYC

ASIC to Use Windfall to Boost Surveillance, Enforcement

By Samuel Riding | 21/04/2016

Australian securities regulator also welcomes shift to industry funding model.

Market Infrastructure

Australian Bank Tightens Rules on Mortgages for Foreigners

By Samuel Riding | 20/04/2016

Commonwealth Bank of Australia follows ANZ in tightening terms amid overheating concerns.

Market Infrastructure

Australia to Finalise Capital Framework by Year-end

By Samuel Riding | 15/04/2016

APRA to detail components of move towards ‘unquestionably strong’ framework, central bank says.

Market Infrastructure

Australian Bitcoin Exchanges Face Calls for Greater Scrutiny

By Samuel Riding | 14/04/2016

Calls for tighter rules amid rumoured collapse of Igot bitcoin exchange.

APRA Looks to Bank Boards for Leadership

By Samuel Riding | 12/04/2016

Commonwealth Bank board to provide details of risk culture, plans to improve standards.

Australia Clearing Competition Unlikely to Emerge

By Samuel Riding | 08/04/2016

Nod to opening up cash equities clearing masks real opportunities in last week’s Treasury announcement.

Securities / Derivatives

ASIC Starts Civil Case Against Westpac for BBSW Manipulation

By Samuel Riding | 06/04/2016

Securities regulator instigates case for ‘unconscionable conduct and market manipulation’.