The FCA is "concerned" about crypto firms that have not engaged with it on the new advertising rules, which come into force next month.
September 11, 2023More than 80 percent of banks have already implemented a 24/7 dedicated complaint hotline for customers to report incidents or suspicions of fraud.
December 16, 2022The BSP has vowed to intensify monitoring and surveillance of the financial industry to ensure they "remain responsive to emerging risks".
July 5, 2022ILAS (investment-linked assurance schemes) can now also be distributed using non-FTF methods, with a fast track authorisation process.
March 15, 2022South Korean financial institutions are required to record the sales process and implement a cooling-off period for complex investment products.
May 13, 2021From 12 April, the VCM will allow multiple triggers per session, and a random cutoff mechanism will be introduced in the pre-opening and pre-open allocation sessions.
March 14, 2021Under the legislation, six sales regulations will be applied to all financial products, where sellers will be subject to stricter penalties and possible sales bans for violations.
March 19, 2020The temporary measures are aimed at reducing the risk of Covid-19 infection from face-to-face meetings between insurers, intermediaries and clients.
February 25, 2020Banks may not sell investment, insurance and MPF products in areas that are used for deposit-taking activities, and the face-to-face sales process must be audio-recorded.
September 27, 2019