The exposure draft and explanatory material form the second and final tranche of draft legislation on the FOFA reforms.

The Australian Prudential Regulation Authority has today released a response paper and draft prudential standard for a third round of consultation on the implementation of the Financial Claims Scheme for authorised deposit-taking institutions.

The UK Department for Business, Innovation and Skills seeks views on UK government plans to make narrative reporting simpler, clearer and more focused.

As required by Section 621 of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010, the SEC has voted to propose a rule intended to prohibit certain material conflicts of interest between those who package and sell asset-backed securities (“ABS”) and those who invest in them.