All posts tagged "Corporate Governance"
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446KoreaFSC, FSS Agree to Audit KRX, Disagree on Scope
The FSS and FSC have agreed to conduct an audit of KRX by year end, though they disagree on its possible scope and comprehensiveness.
June 20, 2019 -
514KoreaKorea to Ease Rules for Crowdfunding, Fund Management
The FSC plans to submit the bill easing crowdfunding and fund management regulations to the national legislature later this month, where it will be subject to further deliberation.
May 9, 2019 -
523KoreaFSS to Relaunch Inspections of Financial Firms This Month
The FSS will look into corporate governance, internal controls and consumer protection practices at KB Financial Group, KB Kookmin Bank and KB Securities, among others.
May 2, 2019 -
757Big Picture
S. Korea FSC Unveils 2019 Financial Policy Roadmap
Highlights will include measures to accelerate financial innovation, approve online-only banks, launch a regulatory sandbox, and strengthen consumer and investor protection.
March 8, 2019 -
403Asia-PacificBangladesh Bank Approval of Three New Banks Draws Criticism
Bangladesh’s decision to approve three new banks has drawn criticism, given the rising nonperforming loans and declining governance standards in the banking sector.
February 20, 2019 -
555SingaporeMAS to Promote Good Governance Through New Committee
MAS has announced the formation of a new industry-led advisory committee, the CGAC, which will identify corporate governance risks and work to improve Singapore's CG Code.
February 13, 2019 -
594Hong KongUS SEC Cautions Against Governance Risks from Dual Class Shares – Report
SEC commissioner Robert Jackson Jr reportedly urged Singapore and Hong Kong to maintain close oversight over companies with dual class share structures to mitigate against corporate governance risks.
September 26, 2018 -
361FeatureSGX Shareholders Voice Concerns Over Regulatory Powers
Despite robust profits and extensive expansion plans announced at its AGM, SGX was criticised for not doing enough to protect minority shareholders.
September 21, 2018 -
459Market Infrastructure
Singapore Adopts Revised Corporate Governance Code
New code is based on recommendations by the Corporate Governance Council and focuses on strengthening board independence and diversity; SGX has incorporated the new code in its listing rules.
August 9, 2018 -
370Capital RegulationAudit Officials Find Illegal Lending at Chinese Banks
ICBC, ABC and CITIC illegally extended loans to unqualified companies or industries, inflated the size of their deposits, engaged in illegal shadow-banking actives, and had shortcomings in their credit risk management.
June 25, 2018
