Asic hopeful of receiving substituted compliance from CFTC

australia

Australia is hopeful that a recent positive equivalence determination from the European Securities and Markets Authority (Esma) for its central counterparty regulatory regime will be followed by approval from the Commodity Futures Trading Commission (CFTC), reducing compliance costs for domestic banks, according to Cathie Armour, commissioner at the Australian Securities and Investments Commission (Asic).

Armour said the regulator's role was to implement commitments by the Group of 20 (G-20) to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: