Market
How will the Australian government respond to investor backlash over APRA's decision by September 2025?
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Resolution / Starting Odds
Introduce new investor protections • 25%
No action taken • 25%
Amend current regulations • 25%
Other • 25%
Official statements from Australian government or regulatory bodies
Story
Australia's APRA to Eliminate $43 Billion Contingent Convertible Securities Market After Credit Suisse Collapse
Dec 9, 2024, 06:15 AM
Australia's banking regulator, the Australian Prudential Regulation Authority (APRA), is set to eliminate the market for contingent convertible securities, marking a significant shift in the country's financial landscape. This decision follows the collapse of Credit Suisse last year, which raised concerns about the stability of hybrid securities. The move impacts a $43 billion market, provoking backlash from investors who feel abandoned by APRA. Critics argue that the regulator's actions do not adequately protect retail investors, particularly those invested in second-tier banks, raising questions about the future of these financial instruments in Australia.
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No official response • 25%
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Supportive • 25%
Relocate operations • 25%
Cease certain services • 25%
Increase compliance measures • 25%
No significant change • 25%
Increased Pressure on US • 25%
No Change in Stance • 25%
Diplomatic Measures • 25%
Other Actions • 25%
No significant change • 25%
Increased caution • 25%
Increased lobbying • 25%
Withdrawal of investments • 25%
Full compliance • 25%
Partial compliance • 25%
Legal challenge • 25%
Non-compliance • 25%
Neither agrees to pay • 25%
Meta agrees to pay • 25%
Google agrees to pay • 25%
Both agree to pay • 25%
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Mixed response • 25%
Positive response • 25%
Negative response • 25%
Other policy changes • 25%
No significant policy changes • 25%
New crime prevention measures • 25%
Increased police powers • 25%
Support for Capital One increases • 25%
Support for Capital One decreases • 25%
Support for CFPB increases • 25%
Support for CFPB decreases • 25%
New regulations • 25%
Increased funding for lab security • 25%
No significant action • 25%
Other • 25%
Decreased investment in BlackRock • 25%
Increased investment in BlackRock • 25%
Mixed responses • 25%
No significant change • 25%
Other responses • 25%
Denial of allegations • 25%
Financial settlement • 25%
Public apology • 25%