Alibaba, Netease, Baidu, JD.com and Yum China are among the first Chinese firms selected for the PCAOB's audit checks in Hong Kong
September 1, 2022PCAOB inspectors will be on the ground in Hong Kong by mid-September to conduct their inspections of auditors of US-listed Chinese firms.
August 29, 2022The two biggest levy components are enforcement and surveillance which are 27% and 47% higher year-on-year, respectively.
June 16, 2020Australian banks are reportedly lobbying for APRA to loosen its tough stance on the capital requirements it proposed last month, as funding costs rise more than expected.
December 19, 2018The banking regulator is seeking feedback on a proposal to increase the Total Capital requirement for Australia's D-SIBs by 4-5% of risk-weighted assets by 2023.
November 9, 2018The Australian Banking Association will change its voluntary code of practice for bankers to end 'fees for no service', grandfathered payments and trail commissions.
October 11, 2018The inquiry will examine why major companies in Australia, including the big four banks, seem to be able to consistently charge high prices, said ACCC chair Rod Sims.
October 3, 2018The Productivity Commission report urges for more competition in Australia’s banking sector – a recommendation re-enforced by Treasurer Scott Morrison in a speech to industry executives.
August 6, 2018Key initiatives introduced at banks include customer advocacy programmes, whistleblower protection policies and conduct background checks to stamp out staff with poor behaviour records.
April 20, 2018Wealth manager AMP covered up for years a policy of charging customers fees for advice they never received; sought to influence “independent” review into the practice to protect executives.
April 19, 2018