Hong Kong has issued new guidelines for the banking industry on how to meet its data protection obligations amid rising number of complaints against banks’ privacy protection practices.
The Financial Services Authority (OJK) is set to carry out a test at major banks to assess their leverage ratios and ensure lenders have sufficient capital to back their operations at all times.
Australian Securities and Investments Commission has issued guidelines for foreign companies making offers of CHESS Depository Interests (CDIs) over their shares and options to investors in Australia.
The International Organization of Securities Commissions has issued new guidelines regarding custody of collective investment schemes’ (CIS) assets, highlighting issues around the independence of custodians and their role in ensuring the safety of clients’ assets.
Solutions to meet the challenges and deliver opportunities.
As compliance deadlines continue to stack up, Dev Bhudia of GoldenSource explains why the data scientist is playing an increasingly vital role in ensuring financial institutions avoid heavy fines.
Taiwan's top financial regulator said it will relax rules governing the business scope of Taiwanese securities firms' offshore securities units (OSU), in a move that could boost its stock market and wealth management sector.
While large banks in Asia have long since developed sophisticated solutions for measuring and hedging CVA, many of the buyside and regional banks are not compliant with IFRS 13 standards.
The Monetary Authority of Singapore has consulted the industry on a series of reforms to Singapore’s real estate investment trust (REIT) market that relaxes investment rules and imposes measures that safeguard interest of investors.
The Securities and Futures Commission has warned against inaccurate reports and late filing on short positions, noting that a contravention of rules without a reasonable excuse may constitute a criminal offence.