Australia
Asia needs bigger voice in international financial rule-making
Regulators from Malaysia, Dubai and Australia call for more countries in the region to take a stronger role in shaping the global agenda
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
Asia regulators try to work together as trade repository regimes begin in 2013
The move to central clearing will generate a wealth of information on derivatives around the region – but making use of this requires both trade repositories and data sharing. Progress on both has been slow
Mandate watch: BNY Mellon wins four mandates from Touchstone
Touchstone appoints BNY Mellon to four more funds as the year ends with a steady stream of securities services mandates
Asic to consult on trade repositories in first quarter 2013
The Australian securities regulator is looking to consult on its trade repository plans at the end of the first quarter, with an eye to implementing the regime later in the year
Four of five largest Australian banks look to clear with LCH
LCH.Clearnet makes inroads into the domestic Australian market with its SwapClear service
Lack of certainty over OTC clearing location a problem for Asia asset managers
Asset managers in Asia are being hindered in preparing for OTC clearing by a lack of clarity over location
Regulators in Asia target shadow banking sector
Regulators in Asia are striving to strike balance between regulating the shadow banking sector and letting Asian financial intermediation develop
Australian banks well placed to meet new Apra liquidity reporting standard
Tougher liquidity reporting standards imposed by the Australian regulator won't be a problem for the country's four main banks
Risk is crucial to a bank’s reputation – Nigel Williams, ANZ
Getting on top of ANZ's "super regional" strategy is the chief risk officer's main focus
Industry unmoved by death of minor-currency Libor
The Wheatley Review calls for an end to Libor quoting in five currencies, but the number of trades affected is small – a good thing, because the available solutions are flawed, say market participants
House of the Year, Australia – UBS
Asia Risk Awards 2012 winner: UBS – House of the Year, Australia
Philippines needs electricity futures market, says energy merchant
US-based trading firm bullish on the potential for energy trading in the Philippines
Super fund pension schemes powering structured products market in Australia
Bigger employer contributions to superannuation guarantee pension schemes in Australia is encouraging more individuals to invest in self-managed super funds, spelling good news for structured products providers
Banks tout secondary market for structured products to retail investors in Australia
Banks are overcoming obstacles in Australia's structured products market by giving investors the opportunity to buy products on the secondary market
House of the year: Citi
Structured Products Asia Awards 2012
Instreet urges Australian investors to look on the bright side
Treating hypochondriacs
Australia and EU carbon schemes to be linked, Australian carbon floor price dropped
Australia and the EU have made plans to link their carbon trading scheme from 2015 and Australia will drop its controversial carbon floor price.
Eurex looking to clear OTC derivatives from Asian clients within 12 months
Eurex is latest clearing house to enter Asian market
Increased competition for Australian retail deposits won’t cause future liquidity issues
The impact of an increasingly competitive landscape for retail deposits in Australia will felt in pricing, not liquidity – with the growing appeal of other asset classes a more significant threat to deposit levels
Energy companies increase weather hedging
Weathering the storm
South Korea to allow local financial institutions to issue covered bonds
Relaxation of restrictions over covered bonds issuance should prompt rapid expansion of sector’s present small base
Australia’s carbon scheme subject to political risk
Australia’s carbon scheme takes it first step but future development remains uncertain due to political risk.