FXCentrum Review: Scam or Legitimate? In-depth Broker Analysis
Unbiased FXCentrum review: Explore its regulation, user complaints, and trading conditions. Is FXCentrum a reliable Forex broker? Find out here.
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ASIC and RBA Update MoU Signed with ESMA
Abstract：The Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA) have updated the Memorandum of Understanding (MoU) with the European Securities and Markets Authority (ESMA) to reflect key amendments to the European Market Infrastructure Regulation (EMIR) 2.2 relating to central counterparties (CCPs).
The MoU establishes regulatory and supervisory cooperation arrangements between ASIC, ESMA and the RBA with respect to Australian CCPs that are recognised or seeking recognition in the EU (covered CCPs). Under the MoU, signatories agree to provide the fullest cooperation permissible under their laws and regulations in relation to all relevant information and supervisory activities regarding the covered CCPs.
The parties express their willingness to work together to fulfill their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and systemic stability.
The updated MoU came into effect from 9 February 2022.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Have you invested or are you willing to invest in Land Prime, a UK-based brokerage firm? You need to read this article, where we not only share the list of its brokerage products but also enlist both positive and negative feedback for the broker. It’s like a comprehensive Land Prime review, giving you an unbiased take of the broker so that you can make an informed decision whether to invest in it or not. Let’s begin examining the brokerage firm.
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