99 results found

New price signalling provisions prohibit private disclosures of price information to a competitor in the same market.

The Basel Committee issued a second reform paper on the Capitalisation of Bank Exposures to Central Counterparties.

This update summarizes the draft Prudential Standard in relation to ADIs operating in Australia and comments on industry feedback to the governance proposals.

Australia is one step closer to allowing covered bonds.

Some refinements could still be made to align Australia's capital standards more closely with the Basel III framework.

The CFTC has approved a series of broad comparability determinations with respect tor OTC derivatives enacted in Australia.

In previous issues of PLN Bank Note, PLN reported on the landmark case between the United States and UBS which resulted in a settlement agreement reached between the parties in August 2009 (Settlement Agreement) which provided for the disclosure of information concerning 4450 US account holders1 and an annexed agreement between the two governments (Governmental Agreement). The legal and diplomatic process in obtaining the requested information has been fraught with difficulty and conflicting int

Firms and senior management must keep up with rising regulatory expectations, be ready to co-operate and be prepared to proactively offer redress where appropriate...

The recent decision of the Takeovers Panel in the <I>Village Roadshow Limited 03</I> matter again demonstrates that the Takeovers Panel's jurisdiction extends well beyond the traditional 'disputed takeover'.

APRA released final prudential and reporting standards and guidance to implement the Basel III capital reforms for ADIs.

ADIs can now prepare counterparty credit risk capital calculations on a "best endeavours" basis until 1 July 2013.

A timely reminder to promoters of financial products that ASIC will regularly be reviewing ads.

Given the market dominance of Australia's big four banks, they could qualify as D-SIBs under the assessment criteria.

Recent takeover activity has seen the use of various methods to incentivise shareholders to accept a takeover offer.

New consultation paper setting out proposed guidance to assist promoters and publishers has been released by ASIC.

Australia's overall compliance assessment with the Basel III capital framework is technically qualified.

A financial institution which mistakenly dishonours a cheque may be liable for defamation if it cannot establish a defence of qualified privilege.