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Australia

Aussie IM Phase 4 double whammy

Bill: More work for Phase 4 UMR, if we're unlucky.


Opinions obviously vary, but for me there are very few opportunities to be glad not to be Australian. Here is one for already punch-drunk IM lawyers and compliance personnel. The largest four banks in New Zealand are Australian-owned- ANZ, ASB, BNZ and Westpac. New Zealand is not a G20 member and has therefore been (relatively) […]

US, HK and OZ join the MIFID 2 circle of trust

In another last-minute MiFID 2 fix, the EC yesterday adopted decisions recognising the equivalent status of securities exchanges in Australia, Hong Kong and the US. “It is important that European firms can trade shares on international markets. Access to major international trading venues will boost the EU’s competitive position as a financial center,” the EU executive’s vice […]

Director Duties and Legal Safe Harbours: A Comparative Analysis

Posted by Jennifer Hill & Matthew Conaglen, University of Sydney, on Wednesday, April 26, 2017

The Trajectory of American Corporate Governance: Shareholder Empowerment and Private Ordering Combat

Posted by Jennifer G. Hill, University of Sydney, on Monday, March 6, 2017

An Empirical Analysis of Public Enforcement of Directors’ Duties in Australia

Posted by Jasper Hedges, University of Melbourne, on Thursday, June 9, 2016
Editor's Note:

Women Directors and Participation on Key Committees

Posted by Carol Bowie, Institutional Shareholder Services, Inc., on Wednesday, June 8, 2016
Editor's Note:

Carol Bowie is Head of Americas Research at Institutional Shareholder Services (ISS). This post is based on a recent publication authored by ISS U.S. Research analyst Rob Yates.

NAB Pay rolls out on Android smart phones

Mobile paymentsNAB has launched its new mobile payment service NAB Pay, designed to enable customers to use their mobile phone to make purchases, without the need for a physical card. Customers with a compatible Android mobile device and a NAB Visa Debit Card have been able to start using NAB Pay from 25 January, available as part of the NAB Mobile Internet Banking App.

ANZ extends IBM partnership with £200m+ strategic deal for cloud-based innovation lab

ANZ has had a relationship with IBM for 40 years

ANZ has had a relationship with IBM for 40 years

ANZ has signed a five-year, A$450 million (£208 million) strategic agreement with IBM, the centrepiece of which is the establishment of a cloud-based Innovation Lab based on IBM’s Bluemix cloud development platform-as-a-service.

ESMA recognises 10 Third-Country CCPs

ESMA has today recognised ten third-country CCPs as authorised to offer services and activities in the Union. Each CCP comes from four jurisdictions previously assessed as equivalent by the EC. The full list includes the classes of financial instruments covered by the recognition. A short summary follows: Australia: ASX Clear (Futures) Pty Limited, ASX Clear […]

Swift shows real-time payments plans with Australia contract win

Australia flagThe hotly-contested contract to provide a real-time payments system in Australia has been won by Swift, which has announced plans to develop real-time retail domestic payment solutions and compete to deploy them internationally.