Media & Notices - 2017

Date Title & Summary Topic Area

Introduction of the Rolling Maturity Pool to the NTI Conventions

Market participants are advised that the NTI Conventions are being amended, effective 4 December 2017, to introduce the rolling maturity pool convention, which replaces the early and late bucket pooling convention.


AFMA releases 2017 Australian Financial Markets Report

The Australian Financial Markets Association (AFMA) today released the 2017 Australian Financial Markets Report, its annual review of Australia’s over-the-counter and exchange-traded financial markets.


AFMA welcomes the appointment of James Shipton

David Lynch, CEO of the Australian Financial Markets Association, welcomed today's announcement by the Minister for Revenue and Financial Services of the appointment of James Shipton as the next chairman of ASIC.


APRA CPS 226 Margining status renewal request

Entities regulated by the Australian Prudential Regulation Authority (APRA, and such entities, APRA covered entities) are required to have in place margining practices in relation to non-centrally cleared derivatives. These requirements are contained in the Prudential Standard CPS 226 Margining and risk mitigation for non-centrally cleared derivatives (CPS 226).


Global FX Code breaks new ground

The Australian Financial Markets Association (AFMA) welcomes the launch of the FX Global Code for the wholesale foreign exchange (FX) market.


Debt Capital Market Issuance Disclosure Practice – Guidance on Price and Tenor

Following consideration by the AFMA Credit Product Committee of market feedback on debt capital market issuance disclosure requirements, it has been resolved to recommend as good practice broad and consistent dissemination of price and tenor guidance.


Notice of Change to the Inflation Products Conventions

Members are advised of the following change to the Inflation Products Conventions that the Inflation Products Committee has unanimously agreed to.


2017-18 Budget Media Release: Major Bank Levy a Poor Policy Precedent

The Australian Financial Markets Association (AFMA) has expressed concern regarding the cornerstone budget announcement of the Government to impose a Major Bank Levy, with projected revenue over the forward estimates period of $6.2 billion. The announced levy applies to Australia’s five largest banks, with liabilities in excess of $100 billion


Professional standards framework for retail advisers

AFMA congratulates the Government on the passage of legislation today to introduce the professional standards framework for advisers dealing with retail customers.