Published On: Fri, Jun 6th, 2014

U.S. Commodity Futures Trading Commission And ASIC Signed MOU

Greg Medcraft ASIC chairman

Greg Medcraft ASIC chairman

The U.S. Commodity Futures Trading Commission (CFTC) announced on 5 June that the CFTC and the Reserve Bank of Australia and Australian Securities and Investments Commission (Australian Authorities) have entered into a Memorandum of Understanding (MOU) regarding cooperation and the exchange of information in the supervision and oversight of clearing organizations that operate on a cross-border basis in the United States and in Australia.

Through the MOU, the CFTC and the Australian Authorities express their willingness to cooperate in the interest of fulfilling their respective regulatory mandates.

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