All posts tagged "Accountability"
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200InternationalFSB Proposes Global Targets for Enhancing Cross-border Payments
The FSB proposes quantitative targets for improving cost, speed, transparency and access for cross-border wholesale payments, retail payments and remittances.
June 2, 2021 -
275Australia & NZAPRA Targets Risk Culture in Superannuation Sector
APRA is piloting a risk culture survey with plans to roll it out to a number of superannuation entities in 2022.
June 1, 2021 -
243Australia & NZ
APRA Sets Launch Dates for New Data Collection Tool
The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.
May 19, 2021 -
262KoreaKorea: New Rules for Chinese Walls to Take Effect from 20 May
Financial investment businesses are required to establish internal control standards to prevent information sharing of material nonpublic information between units.
May 14, 2021 -
314InternationalIOSCO Finds Gaps in BCP Rules for Trading Venues, Intermediaries
Some jurisdictions have regulatory requirements for critical systems of trading venues that do not extend to outsourced functions.
May 8, 2021 -
144Australia & NZAustralia Consults on New Requirements for Proxy Advisers
The Treasury is proposing that proxy advisers be required to obtain an AFS License, among other requirements aimed at increasing transparency.
May 5, 2021 -
1.2KFeatureBNM Finalises ‘Climate Change and Principle-based Taxonomy’
The document introduces a progressive system of transition categories to acknowledge concrete efforts and commitments by businesses to adopt sustainable practices.
May 3, 2021 -
595Australia & NZ
APRA Chair Outlines Initiatives to Financial Sector Risks
APRA is piloting a risk culture survey, independent cyber security reviews, and a new data collection exercise on technology and cyber risks.
May 3, 2021 -
546Australia & NZ
APRA Issues Draft Prudential Practice Guide on Remuneration
The guidance will assist entities in complying with APRA's new standard on remuneration, which is expected to be finalised later this year.
May 1, 2021 -
252ChinaCBIRC Warns Banks of Stronger Penalties for Shareholder Violations
Banks and insurers are asked to conduct self-assessments and improve their accountability standards and procedures to guard against illegal behaviour.
May 1, 2021
