All posts tagged "Board"
-
276Australia & NZRBNZ Releases Final Guidance on Developing Cyber Resilience
This guidance provides the baseline-level of cyber resilience recommendations as well as recommendations for enhanced-level practices.
April 29, 2021 -
388IndiaRBI Issues New Rules for Senior Bank Executives, Board Members
Banks will have until 1 October 2021 to comply with new rules capping the tenure of top executives at 15 years.
April 29, 2021 -
1.1KAustralia & NZ
RBNZ Consults on Draft Guidance on Cyber Resilience
The guidance aims to raise awareness of, and ultimately promote, the cyber resilience of the financial sector, especially at the board and senior management level.
October 20, 2020 -
735FeatureFSB Publishes Cyber Resilience Toolkit for Financial Sector
The financial system is only as strong as its weakest link, the FSB says, encouraging the use of the final toolkit to enhance cyber incident response and recovery activities.
October 20, 2020 -
800SingaporeMAS Proposes New Requirements for Insurers Managing Par Funds
Among the new requirements introduced for insurers is an obligation to ensure that any charge or expense allocated to the Par Fund is "fair and reasonable".
February 7, 2020 -
854Asia-PacificPhilippine SEC Issues New Corporate Governance Code
The new code comes into effect on 12 January, and gives public companies and registered issuers 6 months to submit a new manual on corporate governance.
January 10, 2020 -
680Asia-PacificBSP Revises Disqualification Rules for Bank Directors, Officers
Bankers can be disqualified and placed on a watchlist for causing undue injury, material loss or damage to a bank, or for exposing it to higher risk or danger.
January 7, 2020 -
1.4KMalaysiaMalaysia Mandates Fair Treatment of Financial Consumers
A new BNM policy document sets out expectations for financial firms to prioritise the interests of financial consumers and effectively manage conduct risks.
November 11, 2019 -
880EnforcementSEBI, US SEC Probe IT Major Infosys for “Unethical Practices”
SEBI and the US SEC are probing Infosys after whistleblowers alleged costs were under-reported to inflate profits and "critical information" was hidden from auditors and the board.
October 28, 2019 -
520IndiaRBI Tightens Criteria for Board Appointments at State Banks
The revised criteria for determining the 'fit and proper' status of proposed candidates include age, education, experience, and track record, among other criteria.
August 5, 2019
