Financial Regulatory Forum

ANALYSIS-Nod for Australia’s Labor likely boost for CO2 laws

By Reuters Staff
September 7, 2010

By David Fogarty, Climate Change Correspondent, Asia

SINGAPORE, Sept 7 (Reuters) – Australia is now much more likely to introduce a price on planet-warming carbon pollution after support by independents and Greens returned the Labor Party to office on Tuesday.

SCENARIOS-Odds narrow for a mine tax under new Australia PM

By Reuters Staff
June 28, 2010

By James Regan

SYDNEY, June 28 (Reuters) – The odds of Australia introducing a tough new mining tax have improved under the popular new Prime Minister Julia Gillard who is tipped by pollsters to lead her Labor Party to a general election win this year.

Australia tax body may harden stand on private equity

April 21, 2010

   By Victoria Thieberger
   MELBOURNE, April 21 (Reuters) – The Australian tax office has delayed two critical rulings on how private equity firms are taxed, in a move that tax experts say means the office is hardening its stance against private equity. (more…)

China indicts Rio staff for bribery, commercial secrets

By Reuters Staff
February 10, 2010

By Ben Blanchard and Chris Buckley

BEIJING, Feb 10 (Reuters) – China has indicted four employees of Anglo-Australian mining giant Rio Tinto on charges of bribery and stealing business secrets, setting the stage for a trial in the case that has jangled investor nerves.

Australia central bank raises rates, more expected

By Reuters Staff
October 6, 2009

The Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, pauses during an appearance before a parliamentary committee hearing in Sydney September 28, 2009.            REUTERS/Tim Wimborne   (AUSTRALIA BUSINESS POLITICS) By Wayne Cole
SYDNEY, Oct 6 (Reuters) – Australia’s central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

ANALYSIS-Japan banks to bear brunt of new capital rules in Asia

October 2, 2009

A woman walks past a Nomura Securities branch in Tokyo September 25, 2009. Japan's Nikkei stock average slid 2.6 percent on Friday, as financial shares were hit hard after Nomura Holdings said it plans to issue up to $5.6 billion in shares, raising concerns other banks could follow suit.  REUTERS/Toru Hanai (JAPAN BUSINESS)   By David Dolan
   TOKYO, Oct 2 (Reuters) – After raising $54 billion of equity this year to ride out the financial crisis, banks in Asia are likely to tap markets for billions more as the G20 moves towards tightening capital requirements for global lenders. (more…)

ANALYSIS-New rules point to demand surge for Aussie bonds

September 25, 2009

A dust storm blankets Sydney's iconic Opera House at sunrise September 23, 2009. A huge outback dust storm swept eastern Australia and blanketed Sydney on Wednesday, disrupting transport, forcing people indoors and stripping thousands of tonnes of valuable farmland topsoil.      REUTERS/Tim Wimborne   (AUSTRALIA ENVIRONMENT IMAGES OF THE DAY)    By Cecile Lefort
   SYDNEY, Sept 25 (Reuters) – Proposed regulations would make Australian banks big buyers of government debt, adding fuel to what is already the biggest rally in 10-year bonds in developed countries in recent months. (more…)

Australia to reform tax on financial securities

September 4, 2009

australian_flag    SYDNEY, Sept 4 (Reuters) – The Australian government plans to change the law to clarify that dividends paid to holders of debt-like securities may be eligible for a tax credit, under reforms to tax arrangements for financial securities.
(more…)

Australia Treasurer warns against early stimulus withdrawal

September 3, 2009

AUSTRALIA-BUDGET/    LONDON, Sept 3 (Reuters) – Premature withdrawal of economic stimulus could derail a return to global growth, Australia’s Treasurer Wayne Swan said on Thursday.
(more…)

Australia to set framework for new trading platforms

August 24, 2009

RIOTINTO-CHINALCO/   By Sonali Paul
   MELBOURNE, Aug 24 (Reuters) – Australia’s market regulator will take over supervision of real-time trading on the Australian Securities Exchange (ASX), a first step in a long-delayed government plan to allow multiple operators in a A$1 trillion market.
(more…)