The board and management must ensure good conduct culture is embedded and governance structures "inculcate fair and ethical decision making".
November 15, 2021One former representative effected discretionary trades in clients’ accounts without authorisation. The other traded his own stocks from a client’s accounts.
November 12, 2021New requirements on bookbuilding, pricing, allocation and placing activities will take effect in August 2022, the SFC said.
October 31, 2021Intermediaries have been required to undertake remedial action to address non-compliance with transaction-related disclosure requirements.
October 30, 2021Japan's FSA will also formulate codes of conduct for ESG evaluation organisations, covering transparency, fairness, and good governance.
October 29, 2021The HKMA and IA found in joint inspections that customers may not be sufficiently informed about the potential impact of premium financing arrangements.
October 4, 2021The investor identification regime is expected to be launched in H2 2022. The securities transactions reporting regime will go live in H1 2023.
August 11, 2021Social media influencers do not want to find themselves caught offering advice they’re not qualified or authorised to give, warns FMA chief Rob Everett.
June 30, 2021A system design caused a failure to distinguish between ex-entitlement dates and settlement dates of bonus share events in periodic statements.
June 25, 2021The panel says the FSA should introduce a code of conduct for ESG data providers and develop an information platform for ESG-related bonds.
June 22, 2021