All posts tagged "compensation"
-
385ChinaCBIRC Proposes New Rules on Consumer Rights Protection
The proposed rules prohibit misleading sales, compulsory product bundling, unreasonable charges, and "algorithmic discrimination".
May 23, 2022 -
275IndiaRBI Issues Guidance for NBFCs on Senior Manager Remuneration
NBFCs should constitute remuneration committees and use malus or clawback arrangements to account for possible misconduct or poor financial performance.
May 8, 2022 -
448Fintech / RegtechFSC Korea Issues New Rules for Fractional Investing Services
The FSC will classify fractional investment products as securities on a case-by-case basis and require issuing firms to adopt investor protection measures.
May 5, 2022 -
328ChinaHangzhou Court Delivers China’s First NFT-related Judgment
The court penalised an NFT marketplace for failing to subject an artwork to review and meet its obligations to protect against intellectual property theft.
May 1, 2022 -
350Australia & NZASIC Consults on CCIV Licensing Requirements
ASIC will be able to limit a corporate director’s CCIV operations to one CCIV with a single sub-fund if the corporate director fails to demonstrate 'organisational competence' and capacity.
March 22, 2022 -
307ChinaCSRC Issues Draft Rules to Enhance Civil Compensation System
The rules will enable aggrieved investors to claim compensation from amounts already paid by securities violators in fines and confiscations.
March 16, 2022 -
1.1KContributed ArticleHK Court Offers Questionable Rationale in Insider Dealing Case
The court's decision merely transfers illicit profits to a select group of individuals who were "lucky enough to have traded with the insider", says Tom Fyfe.
March 1, 2022 -
736EnforcementSeoul Court Declares Lime Asset Management Bankrupt
Investors lost an estimated KRW 1.7 trillion. Lime Asset Management has a reported KRW 520 billion in debt, compared to just KRW 19 billion in assets, which will be liquidated.
February 24, 2022 -
753EnforcementFSC Korea Fines IBK and Fund Manager Over Mis-sold Funds
Industrial Bank of Korea also has to suspend its private fund sales operations for 1 month. Discovery Asset Management and its CEO are suspended for 3 months.
February 21, 2022 -
592ChinaChina Eases Process for Investors to Seek Redress for Securities Fraud
Administrative penalties or criminal judgments will no longer be preconditions for courts to accept civil compensation cases involving securities fraud.
February 6, 2022
