In this issue:

- Derivatives

- Capital and Prudential Regulation

- Remuneration

- Credit Ratings

- Funds

- Financial Services

- Enforcement

- Events

- People

- 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.