All posts tagged "Conflicts of Interest"
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1.5KAustralia & NZBig Four Auditors Face Parliamentary Scrutiny in Australia
Amid an ongoing ACCC probe into the big four auditing firms, a parliamentary committee is asking for a review of the audit market to explore conflicts of interest and market dominance issues.
February 18, 2019 -
717Australia & NZNew Zealand Banks Must Address Risks from Sales-Linked Incentives – FMA
The FMA expects banks to change sales-linked incentives, or explain how they will strengthen controls to address the risk of inappropriate sales.
November 19, 2018 -
549InternationalIOSCO Publishes Guidance Addressing Equity Raising Conflicts of Interest
The guidance comprises eight measures to address conflicts of interest and sets standards of conduct for market intermediaries in the equity capital raising process.
September 19, 2018 -
1.2KEnforcementSFC Fines Hang Seng Asset Management Arm
Hang Seng Investment Management fined HK$3mn for cash management failures involving SFC-authorised funds it manages from 2010 to 2016.
June 1, 2018 -
599InternationalIOSCO Issues Guidance on Conflicts of Interest in Equity Offerings
Recommendations developed by group of regulators including ASIC, Hong Kong’s SFC and Japan’s FSA.
February 24, 2018 -
778Australia & NZAustralian Sell-side Research Rules Threaten IPO Bonanza
Guidance on sell-side research could disappoint investment bankers who expected a strong year for new listings.
February 19, 2018 -
2.1KHong Kong
SFC Raises Standards for Client Facilitation Trades
Client facilitation traders must be segregated from agency traders to protect client information and avoid conflicts of interest.
February 17, 2018 -
963ChinaChina’s People’s Daily Attacks Regulators on Conflicts of Interest
Official Communist Party newspaper says regulators should be barred from taking jobs at firms they have supervised in the past.
February 7, 2018 -
703Australia & NZ
ASIC Finds Clear Bias Towards In-house WMPs at Big Banks
The report says 68 percent of clients are heavily invested in banks' in-house products; advisors may face bans if conflicts of interest are not managed better.
January 26, 2018 -
Enforcement
HK Regulators Warn on Conflicts of Interest in Product Sales
HKMA, SFC say some intermediaries aren’t revealing related counterparties, not executing at best price, hide cheaper products.
November 27, 2017
