The paper introduces the concept of the "accountability stack", which presents a broad range of regulatory instruments and supervisory tools that target individual accountability.
March 9, 2023ASIC alleges coal producer TerraCom and its directors and officers breached the whistleblower protection regulations which came into force in July 2019.
March 5, 2023From 1 October 2023, corporate finance advisers will have to meet new minimum standards when conducting due diligence on transactions.
February 24, 2023The draft guidance covers any situation where an intermediary is involved in the distribution of a financial institution’s products or services.
February 23, 2023Agustín Carstens says big techs involved in financial services are gaining systemic importance and may quickly become “too big to fail”.
February 12, 2023Oliver Fines says fiduciaries have no excuse for their falling prey to hype associated with crypto, as principles of prudence, care and loyalty should continue to apply.
February 3, 2023Cigna increased premiums and cover for customers without being clear and transparent about the basis for the increase.
January 18, 2023Mystery shopping programme identified deficiencies in QDAP and TVC sales practices. Insurers and intermediaries with adverse findings will be required to take remedial actions.
December 29, 2022Banks have until 1 July 2023 to ensure their Code of Conduct and internal control systems are consistent with the revised SPM module.
December 13, 2022The SC released new guidelines for investment analysts and a technical note for those seeking to provide digital investment advice.
December 12, 2022