Australian Financial Markets Association

AFMA welcomes the announcement by the Government in today’s MYEFO of its intention to confirm the debt treatment of bail-in bonds issued by foreign banks through their Australian branches.   The announcement remedies an unintended technical position which, if adopted, would have prevented foreign banks from accessing Australian financial markets to fund their local operations.   AFMA thanks the Government, Treasury, the ATO and members for their collective efforts to help preserve efficient operation of the markets. We look forward to working with key stakeholders in the new year on a legislative framework that ensures that similar issues do not arise in future.    #Treasury #bonds #tax

Registrations for our 2025 workshops are now open: https://lnkd.in/gh5rgwS8 AFMA’s Guide to Australian OTC Transactions provides a standardised approach to the legal documentation necessary for participants transacting in Australian over-the-counter (OTC) markets. Essentially, it is the reference gateway to bilateral documentation providing a simple, accessible guide to the main forms of OTC market transaction documentation used in Australia. AFMA offers both an Introductory and Advanced course on the use of the Guide to Australian OTC Transactions. Both workshops will be of value & relevance to • analysts • compliance managers • corporate treasurers • dealers • fund managers • ISDA® negotiators • legal counsel • operations staff • risk managers • settlements staff • traders • treasury operations personnel Our ½ day Introductory workshop provides participants with an overview of the AFMA Online Guide to OTC Documents publication: https://lnkd.in/gY98YeNf Our full day Advanced workshop identifies key issues in the ISDA® Master Agreement and the negotiation process. We recommend attending the Advanced workshop within six months of completing the Introductory workshop. For more information: https://lnkd.in/gycWCHSj or email [email protected] To register: https://lnkd.in/gh5rgwS8 Download course brochure which includes course outline: https://lnkd.in/ghWxCNKd ® Registered trademark of the International Swaps & Derivatives Association (ISDA). Please note that this workshop is neither sponsored by nor affiliated with ISDA.

AFMA was pleased to host the inaugural Foreign ADI Chief Risk Officer Forum this week. The Forum brought together the CROs of AFMA’s Foreign ADI members to network and discuss issues of strategic importance to firms and the broader financial markets. AFMA would like to thank special guests Wayne Byres and Peter Whitelaw for sharing their time and insights. AFMA would also like to thank Industrial and Commercial Bank of China ICBC Sydney Branch, for being exceptional hosts, and Scott Im for chairing the Forum. We look forward to holding additional FADI CRO Forum meetings in 2025 to dive even deeper into important issues and developments facing banks and financial markets in Australia. #AFMA #CRO #ChiefRiskOfficer

Yesterday AFMA held the third meeting this quarter of the AFMA Operational Risk Working Group.   AFMA continues to hold working group meetings to assist its APRA regulated and otherwise captured members. Key topics at the working group meeting included the recently released APRA Material Service Provider (MSP) Register Template, particularly the interaction with foreign banks’ Head Offices, and the setting of tolerances.   AFMA again thanks Deloitte Australia for hosting this event and providing its insights.   #financialmarkets #regulation #prudential #APRA

AFMA was pleased to hold another CPS 230 roundtable in collaboration with Deloitte Australia and other members. Discussions at the most recent roundtable focused on interpretation and implementation, specifically regarding tolerances and the recently released Material Service Provider (MSP) Register Template.   These collaborative roundtables continue to be well attended with over 30 firms represented.   We look forward to hosting future roundtables as part of AFMA's ongoing workstream to support members through the CPS 230 implementation process.   #financialmarkets #regulation #prudential #APRA

In an Australian first, AFMA was delighted to launch our new suite of template contracts for dealing in Australian Carbon Credit Units (ACCUs) at partner firm Gilbert + Tobin. We hope the contracts will further develop the market for ACCUs which are highly regarded internationally.   AFMA would like to thank Ilona Millar and Louise McCoach of G+T and the members of our Carbon Committee and Carbon Market Institute (CMI) members for their work on these contracts.   The contracts are available to subscribers of AFMA’s Guide to Australian OTC Transactions. See the link to AFMA's OTC Guide in the comments below. #carbon #accu #trading #carbonmarket 

AFMA are please to be partnering with Gilbert + Tobin to launch our ACCU Market Documentation today.

Australian Financial Markets Association’s sold-out Energy & Environmental Financial Markets workshop in Sydney was a great success. Proudly sponsored by CommBank Business and Institutional and presented by Energy Edge's Elliot Tonkes. Highlights for participants included “clear explanations of complex concepts”, “linking theory to real world examples”, and a firm understanding of “market fundamentals”. This popular workshop is designed for those new to the market, those who wish to build & improve their understanding, those in related policy or regulatory roles and those considering a move to the energy sector. For more information on our 2025 workshops in Melbourne, Brisbane and Sydney: https://lnkd.in/gw5TFg2H #financialmarkets #energymarkets #environmentalmarkets #carbon #gas #electricity

AFMA was pleased to hold another CPS 230 roundtable with members to discuss key implementation challenges. The near 90 attendees from some 30 firms focused on how to approach non-traditional suppliers, Amazon Web Services’ CPS 230 Workbook and the MSP template. The discussion was enriched by insights from Amazon Web Services (AWS) and Deloitte Australia representatives. We look forward to hosting future roundtables as part of AFMA's ongoing workstream to support members through the CPS 230 implementation process. #financialmarkets #regulation #prudential #APRA

Register your interest for our Melbourne workshop in April 2025: [email protected] Our Sydney Energy & Environmental Financial Markets workshop is now sold out! AFMA have opened a waitlist for our Melbourne workshop next April, please get in touch so you are first to know when registrations open. The AFMA Energy & Environmental Financial Markets workshop is a one day in-person workshop designed for those who would benefit from an overview of energy financial markets, those looking to enter the Australian energy markets, those working across the energy transition, as well as experienced professionals who are seeking to refresh their knowledge. Melbourne April 2025 Brisbane July 2025 AFMA Members: $1375 inc GST Non-members: $1650 inc GST This newly designed workshop, presented by our partner member Energy Edge, fills a demand to understand the foundations and contexts of this rapidly evolving market. The workshop not only equips participants with necessary trading and market knowledge but demonstrates the linkage between the physical and financial markets, navigating participants through the role of environmental and emerging renewable products, as well as the evolving nature of energy financial markets as we move through transition. Sydney workshop proudly sponsored by our partner member CommBank Business and Institutional, Commonwealth Bank of Australia. For more information: https://lnkd.in/gw5TFg2H or email [email protected] #financialmarkets #energymarkets #environmentalmarkets #carbon #gas #electricity