Australia

Market Infrastructure

APRA Delays Capital Requirements for Conglomerates

By Samuel Riding | 30/03/2016

Regulator says deferral to remain in place until other policy initiatives are settled.

Market Infrastructure

Australia Set to Bring Bitcoin Under AML/CTF Law

By Samuel Riding | 22/03/2016

Government’s recommends virtual currency be recognised as money under tax legislation.

Market Infrastructure

ASIC Issues Robo-advice Consultation

By Samuel Riding | 22/03/2016

Consultation paper and draft regulatory guide cover licensing and advice to retail clients.

APRA to Investigate Mortgage Rule Breaches

By Samuel Riding | 21/03/2016

Australian banking regulator will look into whether borrowers are circumventing tightened lending policies.

Securities / Derivatives

ASIC Begins Legal Proceedings against ANZ in Rate-rigging Case

By Samuel Riding | 04/03/2016

Regulator alleges bank sought to benefit from movements in bill swap reference rate.

ASIC Objects to Advisers ‘Independence’ Claims

By Samuel Riding | 03/03/2016

Australian regulator asks three firms to ‘remove or amend’ claims about their independence.

Market Infrastructure

APRA Consults on Non-centrally Cleared Derivative Margins, Risk Mitigation

By Samuel Riding | 26/02/2016

Regulator expects only a small number of institutions to exceed proposed minimum qualifying levels.

Market Infrastructure

Australia Regulators Propose New Interbank Rate Benchmark

By Samuel Riding | 15/02/2016

Mechanism based on volume-weighted average price to be introduced by end-2016.

Market Infrastructure

Australia to Tighten Mobile Wallet Supervision

By Samuel Riding | 29/01/2016

Trade body wants digital wallet providers to sign new security protocol.