ARTICLE
15 October 2014

CFTC And Australian Securities And Investments Commission Sign Memorandum Of Understanding To Enhance Supervision Of Cross-Border Regulated Entities

SS
Shearman & Sterling LLP

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On September 30, 2014, the CFTC announced the signing of a Memorandum of Understanding with the Australian Securities and Investments Commission.
United States Finance and Banking

On September 30, 2014, the CFTC announced the signing of a Memorandum of Understanding ("MOU") with the Australian Securities and Investments Commission regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and in Australia. The scope of the MOU covers markets and organized trading platforms, trade repositories, intermediaries, dealers and other market participants.

The full text of the MOU is available at:

http://www.cftc.gov/ucm/groups/public/@internationalaffairs/documents/file/cftc-asicsupervisorymou092414.pdf .

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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