All posts tagged "Accountability"
-
316Australia & NZAustralia Refines Super Fund Rules on Portfolio Disclosures
The regulations have been refined to ensure the disclosure regime for superannuation fund portfolio holdings is cost-effective and in members best interests.
August 19, 2021 -
135Australia & NZAustralia, NZ on Net Zero Path Despite Roadblocks
Institutional investors in Australia and New Zealand are setting more stringent carbon emission targets, but need public sector support to hit net zero.
August 19, 2021 -
415Big PictureOECD Offers Policy Advice for Regulating AI in Financial Services
Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.
August 17, 2021 -
191Big PictureIPCC Reaction: Political Leadership Needed to Drive Transition
"Concrete and actionable carbon-reduction strategies” required from governments to drive capital reallocations, say investors, while reinforcing commitment to science-based targets.
August 13, 2021 -
132ChinaCSRC to Increase Scrutiny on Fund Manager Governance
The CSRC will revise certain rulesets and establish a new evaluation system to assess the quality of corporate governance at individual firms.
August 13, 2021 -
276MalaysiaBursa Malaysia to Enhance Framework for Main Market Advisers
The amendments will make available a wider pool of qualified corporate finance advisers to act as a Recognised Principal Adviser on the Main Market.
August 12, 2021 -
121Australia & NZNew Zealand Parliament Passes Reserve Bank Bill
The bill will strengthen the RBNZ’s decision-making, governance, independence and accountability, and change its funding model.
August 12, 2021 -
125Australia & NZAustralia Consults on Disciplinary Body for Financial Advisers
The government is consulting on regulations to support the establishment of the single disciplinary body that will form part of the new regime for financial advisers.
August 11, 2021 -
79Australia & NZAustralia Tweaks Fee Component of Super Fund Performance Test
The test will be based on the most recent financial year of administration fees, rather than the past eight years, to incentivise fee reductions.
August 10, 2021 -
758AML / KYCGood Intentions: The FATF Faces Its Own Unintended Consequences
The FATF's unintended consequences study will point to necessary reforms that the watchdog will be unwilling to undertake.
August 8, 2021
