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APRA Releases New Prudential Standard For Financial Claims Scheme

The Australian Prudential Regulation Authority has released “Prudential Standard “APS 910 Financial Claims Scheme” that implements some of the operational requirements of the Financial Claims Scheme for authorised deposit-taking institutions.
Originally Published: 
Thursday, December 22, 2011

Australian Corporations and Markets Advisory Committee Releases Report on Derivatives

The report prepared by the Corporations and Markets Advisory Committee responds to a request from the Australian Government for advice on the suitability of the legislative definition of “derivative” for today’s derivatives markets and whether it may be possible to decrease complexity in this area o
Originally Published: 
Thursday, December 22, 2011

SEC Adopts Net Worth Standard for Accredited Investors Under Dodd-Frank Act

In accordance the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010, the Securities and Exchange Commission has amended its rules to exclude the value of a person’s home from net worth calculations used to determine whether an individual may be classified as an “acc
Originally Published: 
Wednesday, December 21, 2011

Financial Stability Board Handbook for Peer Reviews

Financial Stability Board member jurisdictions have agreed to undergo both thematic and country peer reviews. The Handbook sets out guidelines for the conduct of FSB peer reviews.
Originally Published: 
Monday, December 19, 2011

European Central Bank Warns of Increase in Financial Stability Risks

The European Central Bank’s 2011 biannual Financial Stability Review provides an assessment of the risks to financial stability which have emerged since June 2011, pointing in particular to an unprecedented loss of confidence in sovereign signatures.
Originally Published: 
Monday, December 19, 2011

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