Briefs: ANZ asset sale report wide of the mark, Medcraft re-elected IOSCO chair, taxi payment fee ca

Speculation in Malaysian newspaper The Star that ANZ has "seemingly put its 24 per cent per cent block of shares in AMMB Holdings up for sale," may be wide of the mark. The Star reports that "Credit Suisse has been scouting for a new buyer" for ANZ, but this is understood to be incorrect. CS did act for ANZ on the sale of an investment banking interest in Vietnam recently.

Australian Securities and Investments Commission chairman, Greg Medcraft, has been re-elected as chairman of the board of the International Organisation of Securities Commissions, which is the global standard setter for securities regulation. The chair of the Ontario Securities Commission, Howard Wetson, has re-elected as IOSCO's vice chairman. Medcraft has been IOSCO chair since March last year. He said in a statement that the board's focus was on building trust and confidence in the global markets.

The New South Wales Transport Minister has set December 12 as the starting date for a five per cent cap on service fees charged for credit and debit card payments in NSW taxis. Cabcharge announced that the cap had the potential to reduce its service fee income by around A$14 million. A similar cap was imposed in Victoria in February this year.