The framework sets out the responsibilities of banks, telcos and digital platforms to prevent, detect, disrupt, and respond to scams.
The market makers for the trial include Sumitomo Corp, Daiwa Securities, Marubeni Corp, Mizuho Bank, and Mitsui & Co.
A number of CEOs and former CEOs were sanctioned over the mis-selling of funds tied to Lime Asset Management and Optimus Asset Management.
Registered institutions that sell and distribute green and sustainable investment products have 12 months to comply.
The BCBS proposes to provide a common disclosure baseline for climate-related financial risks across internationally active banks.
Taiwan FSC Fines Shanghai Commercial & Savings BankNovember 30, 2023
Surge in Retail Investors Spurs Calls for Enhanced Derivatives RegulationNovember 30, 2023
HKEX Issues Consolidated Guide for New Listing ApplicantsNovember 30, 2023
More Foreign Banks Join China’s CBDC Pilot InitiativeNovember 30, 2023
Australian Government Consults on Scams Code FrameworkNovember 30, 2023
Tokyo Launches Market Maker Trials for Carbon MarketNovember 30, 2023
Korean Banks, Brokers, Execs Sanctioned Over Mis-sold FundsNovember 30, 2023
HKMA Sets Standards for Sale of Green & Sustainable Investment ProductsNovember 30, 2023
SEBI to Amend Regulatory Framework for Special Situation FundsNovember 30, 2023
HKMA Fines Local Branch of CA Indosuez for AMLO BreachesNovember 30, 2023