OnePath Custodians made false or misleading representations and deducted fees from members for advice services they did not receive.
December 3, 2023The revised rules impose expectations on fund management firms and their senior managers to focus more on risk management and ethical business conduct.
November 29, 2023The recommendations cover six key areas, consistent with IOSCO's Principles and associated standards for securities markets regulation.
November 16, 2023Tokenised securities have to meet the same requirements as traditional securities. Primary dealing of tokenised investment products will be allowed.
November 3, 2023Focus areas will include crypto-related securities, automated investment tools, artificial intelligence, trading algorithms, and investment adviser conduct.
October 18, 2023The SFC said there was a need to send a "strong deterrent message" that failures of sponsors and sponsor principals will not be tolerated.
October 12, 2023The FMA has proposed a review of the regulatory settings for custodians in New Zealand, including a possible licensing regime.
October 10, 2023The notice seeks to standardise currency broker quotations and refine data presentation methods within the interbank market.
September 12, 2023The RBI's Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.
September 7, 2023A joint cross-sector thematic review identified some good governance practices, but also areas where improvement is needed.
September 7, 2023