All posts tagged "Code of Conduct"
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760Asia-PacificMalaysia Adopts FSPB Professional Code for Finance Industry
The code aims to instil core minimum standards of conduct, enhance confidence, promote sustainability across financial sector by promoting strong culture of professionalism.
May 28, 2018 -
607Hong KongSFC Introduces New Disclosure Rules for Discretionary Account Trading
SFC requires intermediaries to disclose incentives, trading profits arising from third party products; amendments to come into effect on 25 November 2018.
May 24, 2018 -
2.7KCapital / Liquidity
SFC Fund Manager Code of Conduct – What You Need to Know
The ten key points you need to know about the SFC's consultation conclusions on changes to the Fund Manager Code of Conduct, due to be implemented in six months' time.
May 16, 2018 -
923EnforcementSFC Reprimands, Fines Nomura’s Instinet $2.2mn
The firm failed to put in place reasonable controls to ensure non-proprietary orders received execution priority, prevent erroneous and disorderly orders being sent to the market.
April 16, 2018 -
678Hong Kong
SFC Identifies Best Practices for Alternative Liquidity Pools
ALP operator guidelines should include third-party order routing and information about prioritisation for orders simultaneously posted to exchanges; all ALP users should be qualified investors.
April 10, 2018 -
688Asia-Pacific
Malaysia to Make Specialist Compliance, Risk Management Qualifications Compulsory
BNM to introduce code of conduct for senior FI personnel, regulatory standards to govern banks’ increased outsourcing of functions.
March 29, 2018 -
624Australia & NZAustralian Bank Conduct Code to be Compulsory
Code being considered by ASIC will be binding, with self-regulatory body given power to investigate misdemeanours and issue sanctions.
March 28, 2018 -
799EnforcementCLSA Fined $1.15mn for Internal Control Failures – SFC
The firm failed to put in place controls to prevent co-mingling of agency execution and client facilitation services.
March 15, 2018 -
636Enforcement
HK SFC Sees Surge in Criminal Prosecutions
Criminal charges laid by securities regulator nearly tripled in last nine months of 2018, although investigations started and concluded declined.
February 25, 2018 -
602Australia & NZ
ASIC Publishes Credit Rating Agency Review
Credit ratings agencies found lacking on compliance testing and board reporting.
February 18, 2018
