ASIC reports on the second half of 2013. The Australian Securities & Investments Commission published its seventh report on the supervision of Australian financial markets and market participants. The report highlights the volume of market and participant-related outcomes achieved by ASIC in the second half of 2013. (3/19/2014) ASIC press release.
FSA publishes English translation of financial market infrastructures guidelines.Japan’s Financial Services Agency published an English translation of its Comprehensive Guidelines for Supervision of Financial Market Infrastructures. (3/27/2014) Guidelines.
Singapore proposes additional revisions to the Risk-Based Capital framework for insurers. The Monetary Authority of Singapore published draft regulations including introduction of a matching adjustment, recalibration of risk requirements to a consistent target criterion, and recognition of diversification benefits in the aggregation of the risk requirements, among others. Comments should be submitted by June 30, 2014. (3/26/2014)