Chief executive David Gerald said the Securities Investors Association of Singapore working to enhance its guidance for annual reports to combat greenwashing.
October 13, 2022The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.
October 12, 2022Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy Mark Carney.
October 12, 2022Unlisted business trusts will have to obtain and maintain information on the beneficial owners of units, and provide this information to authorities upon request.
October 6, 2022The A$1bn capital add-on imposed on CBA in May 2018 was halved in November 2020, and has now been completely removed.
October 3, 2022The legislation will introduce a deposit protection scheme, new supervisory powers for the RBNZ, and a new accountability framework for deposit takers' directors.
September 29, 2022The FSC will be able to dismiss board members of investment firms or revoke their business licences entirely if fund managers are involved in fraud.
September 20, 2022Net Zero Banking Alliance members are under pressure to restrict their financing of fossil fuel projects, including coal production.
September 18, 2022The BCBS agreed to continue assessing bank use of AI/machine learning, finalise a crypto framework by year-end, and develop measures to address climate risks.
September 16, 2022If the legislation passes, the FAR will apply to banks six months after commencement, and to insurance and superannuation 18 months after commencement.
September 14, 2022