In this issue:
- Capital and Prudential Regulation
- Credit Ratings
- Financial Services
- Excerpt from Derivatives:
US Commodity Futures Trading Commission and Australian Authorities Sign Memorandum of Understanding to Enhance Supervision of Cross-Border Clearing Organizations -
On 5 June 2014, the US Commodity Futures Trading Commission (“CFTC”) announced that the CFTC and the Reserve Bank of Australia and Australian Securities and Investments Commission (“Australian Authorities”) have entered into a Memorandum of Understanding (“MOU”) regarding cooperation and the exchange of information in the supervision and oversight of clearing organizations that operate on a cross-border basis in the United States and in Australia.
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