Media & Notices - 2021

Date Title & Summary Topic Area
01-Dec-2021

Market Notice: 2021_08 Market Conventions Amendments

Market participants are advised of the following amendments to AFMA’s Market Conventions.

Other
26-Nov-2021

Market Notice: 2021_07 Trading BBSW/SOFR Cross Currency Basis Swaps

Members of AFMA’s Swaps Committee have agreed that the Australian swaps market will begin trading BBSW/SOFR cross currency basis swaps as the primary basis swap in AUD/USD cross currency swap transactions from Monday, 29 November 2021.

Other
22-Oct-2021

AFMA Media Release - Senate Committee Ensures Competitiveness with Global Markets Incentive

The Australian Financial Markets Association (AFMA) has welcomed the Final Report of the Senate Committee into Australia as a Technology and Financial Centre, particularly the recommendation that the Government legislate a Global Markets Incentive (GMI) by end 2022.

Other
22-Oct-2021

AFMA Media Release - AFMA Calls Time on Interest Deductibility Cap for Foreign Banks

The Australian Financial Markets Association (AFMA) has today called on the Government to take the opportunity arising from the end of LIBOR to remove an existing flaw in the tax framework applying to foreign banks and restore competitive neutrality..

Rates
15-Sep-2021

Market Notice: 2021_06 AFMA Consequence Management Standard

AFMA has issued a Consequence Management Standard setting out Principles to guide member firms in the design and implementation of a consequence management policy for their employees. The standard may be found within the Guidelines section of the AFMA website main page

Other
14-Sep-2021

Market Notice: 2021_05 Repo Eligibility Criteria

AFMA is supporting the Reserve Bank’s efforts to see the Australian market adopt robust fallback language following the publication of Reserve Bank Repo Eligibility Criteria.

Other
01-Sep-2021

AFMA Media Release - Concern about Potential Delay to OBU Changes

The Australian Financial Markets Association (AFMA) is concerned that the passage of legislative measures in relation to the Offshore Banking Unit (OBU) regime in Schedule 2 of the Treasury Laws Amendment (2021 Measures No. 2) Bill 2021 may be delayed due to an unrelated amendment that has been moved, as this outcome could harm Australia’s standing and be a deterrent to international investors.

Taxation
23-Aug-2021

AFMA Appoints Brett Harper as its new Chief Executive Officer

AFMA Appoints Brett Harper as its new Chief Executive Officer

Association
04-Aug-2021

AFMA - FFSP Consultation Response Media Releas

AFMA supports reform of cross border financial regulation

Regulation
04-Jun-2021

Market Notice: 2021_04 Credit Products Conventions and Long Term Government Debt Securities Conventions Amendments

Market participants are advised of the following amendments to AFMA’s Credit Products Conventions and Long Term Government Debt Securities Conventions to further clarify the conditions to be satisfied for the use of the AFMA formula applicable to FRNs with zero floor coupons..

Other
12-May-2021

AFMA - Budget FFSP Media Release

AFMA welcomes prospect of more efficient cross border financial regulation

Taxation
06-Apr-2021

Market Notice: 2021_03 Market Conventions Amendments

Market participants are advised of the following amendments to AFMA’s Market Conventions, effective immediately.

Other
16-Mar-2021

AFMA Media Release - OBU

Loss of OBU Regime will Harm Australia’s Competitiveness.

Taxation
08-Mar-2021

Master ECM Terms 8 March

Master ECM Terms dated 8 March have been released

Other
05-Feb-2021

AFMA Media Release - Macquarie University

The Australian Financial Markets Association (AFMA) and Macquarie University are pleased to announce a long-term collaboration agreement, under which Macquarie Business School (MQBS) will provide education services for AFMA’s Accreditation program.

Other
03-Feb-2021

Market Notice: 2021_02 Market Conventions Amendments

Market participants are advised of the following amendment to be made to AFMA’s Market Conventions.

Other
11-Jan-2021

Market Notice: 2021_01 Market Conventions Amendments

Market participants are advised of the following amendments to AFMA’s Market Conventions, effective 1 February 2021.

Other