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FinWatcher in brief


       Posted on December 6th, 2012

Asia/Pacific Banking 2013 Top 10 Predictions: Financial Services Make a Pivot to Asia

This IDC Financial Insights report discusses the top 10 predictions for Asia/Pacific banking. In the upcoming year, banks are expected to align their strategies to attempts by Asia/Pacific economies to further decouple from troubled Western economies and search for sources of growth that originate from the region. In Asia/Pacific, the search for new [...]


       Posted on December 3rd, 2012

Australia: Insurance Core Principles—Detailed Assessment of Observance

The insurance industry in Australia has weathered the global financial crisis well and was resilient to the catastrophic events in 2010/11. The insurance industry is mature but relatively small compared to the banking sector. Assets held by insurers represented only about 8 percent of the financial system total assets as at end-2011. Since [...]


       Posted on November 29th, 2012

Australia: Basel Core Principles for Effective Banking Supervision—Detailed Assessment of Observance

Australia has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision (BCPs). The Australian banking system was more sheltered than a number of other countries and weathered the Global Financial Crisis relatively well. This was in part due to relative concentration of the system on a well [...]


       Posted on November 29th, 2012

Australia: IOSCO Objectives and Principles of Securities Regulation—Detailed Assessment of Implementation

The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian Securities and Investments Commission’s (ASIC) operational independence and sufficiency of resources are overarching [...]


       Posted on November 28th, 2012

Guidance on ASIC market integrity rules for competition in exchange markets – ASIC Regulatory Guide

This guide is for operators and participants of markets that are subject to the ASIC Market Integrity Rules (Competition in Exchange Markets) 2011 (competition market integrity rules). It gives guidance on how market operators and market participants can comply with their obligations under the competition market integrity rules.

Source: ASIC


26 pages