All posts tagged "Accountability"
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269Big PictureNew BIS Paper Calls for Concrete Guidance on AI
Common themes on AI governance create scope for the development of international guidance or standards, says a new paper from the Financial Stability Institute.
August 4, 2021 -
250ChinaPBOC Sets Out Action Plan for Second Half of 2021
Key focus areas include promoting a greener financing system, resolving major financial risks, promoting financial opening-up, and cracking down on crypto trading.
August 4, 2021 -
177MalaysiaBursa Malaysia Proposes Listing Rule Changes to Enhance ACE Market
Sponsor eligibility requirements will be liberalised to make available a wider pool of qualified corporate finance advisers to act as sponsors for the ACE Market.
August 4, 2021 -
170Australia & NZAPRA Raises Expectations on Superannuation Entities
APRA has written to RSE licensees describing their key obligations in light of the introduction of the Your Future, Your Super reforms.
August 2, 2021 -
284EuropeIndependent Report Finds Risk Control Failures at Credit Suisse
The report indicates that the risks were known, but responsible parties in the first and second lines simply failed to act.
July 30, 2021 -
97Australia & NZASIC Faces Pushback for Higher Financial Advice Levies
The FPA says the formula ASIC uses to estimate the industry funding levy for financial planners is not equitable or sustainable and must be reviewed immediately.
July 29, 2021 -
172Australia & NZAustralia Issues Consultation on Financial Accountability Regime
The FAR will not impose civil penalty liability on accountable persons, a shift from the government's position in a January 2020 consultation.
July 20, 2021 -
261FeatureMAS Launches ‘Veritas Challenge’ to Strengthen Trust in AI
MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021 -
101Australia & NZAustralia Introduces Bill to Improve Financial Advice
FASEA's functions will transfer to the Treasury and ASIC. New disciplinary and registration systems for financial advisers will apply from January 2022.
July 1, 2021 -
186Australia & NZ
Australia Passes Bill to Establish Monitoring Body for ASIC, APRA
In its first year, the FRAA will assess ASIC to ensure it is operating in line with expectations and supporting the economic recovery.
June 28, 2021
