All posts tagged "Conflicts of Interest"
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526EnforcementUS OCC Fines JPMorgan for Weak Controls Over Fiduciary Activities
The deficiencies identified by the OCC constituted unsafe or unsound practices that were part of "a pattern of misconduct", says the consent order.
November 29, 2020 -
425ChinaCSRC Updates Senior Manager Rules for Securities, Fund Operators
Securities and fund management firms are expected to establish and improve internal accountability mechanisms for senior managers, and penalise violations with clawback and malus.
November 25, 2020 -
458EnforcementBaFin, FREP Were Deficient in Supervising Wirecard, says ESMA
ESMA says it identified deficiencies, inefficiencies and legal and procedural impediments in the supervisory response to Wirecard between 2016 and 2018.
November 5, 2020 -
638ChinaPBOC to Scrap Market Maker Approval Process in Interbank Market
The PBOC proposes to allow banks and securities firms to only sign an agreement with trading platforms to conduct market making business.
November 2, 2020 -
410Australia & NZASIC Issues Report on Debt Capital Raising Conflicts of Interest
ASIC's report, in alignment with a report from IOSCO, offers better practices to manage conflicts of interest and conduct risks in debt capital market transactions.
September 24, 2020 -
485InternationalIOSCO Publishes Guidance on Debt Raising Conflicts of Interest
The final guidance presents nine measures that address potential conflicts of interest and associated conduct risks when issuers are preparing to raise debt finance.
September 22, 2020 -
922EnforcementSGX RegCo to Enhance Enforcement, Whistleblowing Frameworks
The proposed enforcement framework will seek to achieve swifter outcomes from the disciplinary process. Whistleblowing policies will become mandatory for listed issuers.
August 6, 2020 -
537MalaysiaMalaysia Issues Director Conduct Guidelines for Listed Issuers
The guidelines set out the obligations of directors of listed companies and their subsidiaries, and requirements for the establishment of group-wide frameworks.
July 30, 2020 -
478Australia & NZNew Zealand FMA Warns Derivatives Issuers to Ensure Compliance
Self-assessments by derivatives issuers have identified risks stemming from the way they handle client money, provide advice to retail clients, and handle vulnerable customers.
July 29, 2020 -
752FeatureHKMA Proposes New Code of Practice for Banks’ Trust Companies
The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.
July 13, 2020
