Thursday March 12 2015
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Australia
The Australian Securities and Investments Commission (ASIC) have published their ninth report on the supervision and surveillance of Australian financial markets and market participants.
The report highlights the key outcomes of ASIC`s Market and Participant Supervision (MPS) and Market Integrity Enforcement teams. Additionally, the report highlights ASIC`s direct engagement with market participants to address concerns about market conduct.
Furthermore, the report outlines future areas of focus for ASIC, in particular the Market Entity Compliance System, which will enhance the way market participants and operators interact with ASIC. Other aspects of market conduct that ASIC will be paying close attention to in the coming six-month period include a thematic review of crossing systems which will assess how crossing system operators are meeting their regulatory obligations, targeted compliance reviews of client money obligations, and further analysis into the handling of confidential information.
Click here for Market Report.
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