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Specialty Group: Financial Institutions and Markets

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Member Articles


ASIC Targets Off-Target TMDs

ASIC has issued Report 770 Design and distribution obligations: Retail OTC derivatives on findings from its recent review of compliance with design and distribution obligations (DDO) by issuers of over-the-counter (OTC) ...

Investor Protection and Transparency Principle in Light of Credit Suisse AT1 Bonds

Author: Helin Akbulut Introduction Swiss Financial Markets Supervisory Authority (“FINMA”), through its decision dated 19 March 2023, approved the merger of Credit Suisse with UBS Group AG (“UBS”) and to write ...

Consumer Credit – New Rules

In September 2023, Parliament approved new rules on consumer credits, which aim to update Directive 2008/48/EC. These changes come in response to challenges such as digitalization and consumer over-indebtedness. These ne ...

‘Your Future, Your Super’: APRA’s Superannuation Performance Test Turns a Spotlight on Poor Performance and High Fees Amongst Choice Products

The annual superannuation performance test has shone a light on poor performance in the MySuper segment since its introduction in 2021. Now the Choice segment is under the spotlight as more than one in 10 trustee-directe ...

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