All posts tagged "Banking"
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324Hong KongCayman ‘Economic Substance’ Rule Hits Hong Kong Hedge Funds
The new rule requires investment managers to demonstrate ‘economic substance’ in Cayman to continue operating by setting up offices, moving teams over or outsourcing activities to local firms.
August 6, 2019 -
719Fintech / RegtechHKMA Reports on Open API Implementation Progress
Phase I Open APIs provide information on banking products and services. Phase II will allow banks to process applications for such products and services by end-October.
August 1, 2019 -
578Australia & NZNew Zealand FMA Sets Out Key Focus Areas, Strategic Objectives
The FMA is prioritising governance, culture, systems and controls, as well as mechanisms to deter misconduct and facilitate informed decision-making by investors and customers.
July 24, 2019 -
849Big PictureSingapore Digital Banks to Disrupt Smaller Incumbents the Most
Singapore's big banks will be able to defend against new digital entrants, while small foreign-owned incumbents will face the greatest disruption risk, says Moody's Investors Service.
July 4, 2019 -
696ChinaNew Opening Up Measures Coming ‘Soon’ – CBIRC Chairman
CBIRC chairman Guo Shuqing says 12 new measures will soon be introduced to further open up China's financial sector to banks and insurers.
May 2, 2019 -
988Feature
HKMA Ups the Competency Bar for Credit Risk Management
The HKMA – in collaboration with the HKIB and banking sector – has published a new framework aimed at enhancing professional competencies in the credit risk management function.
April 1, 2019 -
854ChinaChina Regulators Share Common Message of Opening Up
Regulators at the three-day China Development Forum in Beijing had a common message for the market – that China plans to ramp up efforts to open up the financial sector this year.
March 27, 2019 -
704Australia & NZAFCA Finalises Over 18,000 Complaints in Four Months
Australia's four months old 'one stop shop' for financial services dispute resolution has finalised 18,390 complaints, yielding more than A$54mn in awards to consumers and small businesses.
March 9, 2019 -
608ChinaPBOC to Unify Financial Consumer Protection Under Single Agency
Under the current mechanism, financial consumer rights protection is handling by various regulatory bodies, which lack coordination and where standards are not uniform.
March 7, 2019 -
537Big PictureSecurities Sector Vulnerable to Cyber Threat – Report
The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.
November 22, 2018
