Australia

Capital Adequacy

APRA Finalises Capital Buffer Guidance

By Samuel Riding | 31/08/2016

ADIs should hold conservation buffer of 2.5% of RWA, rising to 3.5% for D-SIBS.

Conduct, Culture & Accountability

Australian Treasurer Rejects Call for Banking Inquiry

By Samuel Riding | 26/08/2016

Scott Morrison says sector should focus on improving culture to prevent misconduct.

Anti-Money Laundering

New Zealand-China AML Operation Nets $31mn

By Samuel Riding | 24/08/2016

Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.

Market Risk

APRA Defers Non-centrally Cleared Derivatives Standard

By Samuel Riding | 22/08/2016

Letter to regulated entities says CPS 226 implementation deferred due to international delays.

Data Privacy

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.

Market Abuse

Australian Banks Face US Civil Action on Alleged Rate Rigging

By Samuel Riding | 19/08/2016

Civil claim accuses lenders of racketeering, wire fraud and collusion; cites ASIC investigations.

Custody & Infrastructure

ASX Advances Blockchain Development

By Samuel Riding | 18/08/2016

Permission-based network due to replace electronic sub-register.

Capital Adequacy

ANZ Moves to Boost Tier 1 Capital

By Samuel Riding | 17/08/2016

Bank unveils USD757mn hybrid bond offering to meet APRA requirements.

Market Abuse

Australian Equities Market Cleaner Since Rule Change

By Editors | 11/08/2016

Anomalous trading ahead of announcements declining, ASIC says.