All posts tagged "Accountability"
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1.2KAustralia & NZAPRA Consults on Approach to Product Responsibility under BEAR
APRA proposes to require ADIs to identify and register an accountable person to hold end-to-end product responsibility for each product offered to customers.
July 1, 2019 -
3.5KContributed ArticleMAS Clarifies Regulatory Expectations on IAC Guidelines
Grace Chong at Simmons & Simmons JWS recapitulates the key points from MAS’ feedback to the first consultation on the IAC Guidelines, and charts the course ahead.
July 1, 2019 -
1.5KAML / KYCThe FATF Should Embrace the Opportunity to Reform
The FATF needs to recognise that it should be more transparent and be able to provide greater assurance of independence and oversight, says RUSI’s Tom Keatinge.
July 1, 2019 -
716Australia & NZUPDATED – New Zealand to Introduce Bank Deposit Protection Regime
The government is proposing a limit between NZD 30,000 and 50,000 for the deposit protection regime, which covers about 90% of individual bank deposits.
June 26, 2019 -
615Australia & NZ
APRA Extends Change of Ownership Powers to Super Sector
From 5 July, any party seeking to acquire more than a 15% stake in a superannuation licensee will be subject to must apply to APRA first for approval.
June 26, 2019 -
807Australia & NZAPRA Uses New Directions Powers Against AMP Super
AMP superannuation units have been ordered to make significant changes to their business practices, and to renew and strengthen their board.
June 17, 2019 -
3.7KContributed ArticleSingapore: Progressing the Culture and Conduct Risk Agenda
MAS is equipping itself with advanced tools that will allow for culture and conduct to be evaluated in a more systematic way, say Jeff Kupfer and Stephen Scott at Starling.
June 13, 2019 -
3.0KFeatured Articles
MAS Proposes Increased Scope for Accountability, Conduct Guidelines
MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.
June 7, 2019 -
1.4KAustralia & NZ
APRA Warns of Capital Charges for FIs with Poor Culture
APRA says it may apply additional capital requirements to regulated institutions with material weaknesses in their governance and management of non-financial risks.
May 24, 2019 -
1.1KMalaysiaSC Malaysia Issues Guidelines on Business Continuity
The Securities Commission requires each capital market entity to have business continuity management arrangements as part of ensuring systemic resiliency of the capital market.
May 15, 2019
