All posts tagged "Culture"
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195Australia & NZRBNZ, FMA Unimpressed by Insurers’ Inaction on Conduct Risk
RBNZ governor Adrian Orr says the sector has failed to demonstrate the necessary urgency and prioritisation to provide effective governance and monitoring of conduct risk.
September 18, 2019 -
324Australia & NZASIC Issues Second Update on Response to Royal Commission
Of 105 investigations and court actions underway against financial institutions at the end of July, 86 related to the big four banks and AMP.
September 13, 2019 -
251Asia-PacificBSP Revises Rules to ‘Institutionalise’ Consumer Protection at Banks
The BSP has revised its financial consumer protection framework to ensure banks conduct their business ethically and refrain from practices that may cause harm to consumers.
September 12, 2019 -
387Australia & NZAPRA to Improve Capabilities to Combat Non-Financial Risks
In its four-year corporate plan, APRA identifies four areas of strategic focus, including to improve cyber-resilience and governance standards in the financial sector.
August 30, 2019 -
257MalaysiaBNM Raises Culture Bar for Development Financial Institutions
DFIs should firmly ground their business models on strong governance and a culture of professional management, said BNM governor Nor Shamsiah Yunus.
August 26, 2019 -
394Australia & NZAustralia Accelerates Post Royal Commission Reform
Under the government's implementation roadmap, close to 90% of its remaining commitments will be implemented by mid-2020, and legislation for the rest will be introduced by end-2020.
August 20, 2019 -
1.8K1Asia-PacificRegulatory Trends: Behavioural Science in Culture & Conduct Supervision
Regulators are adopting behavioural science tools pioneered by the Dutch central bank in their supervisory efforts, and firms are taking notice, says Stephen Scott at Starling.
August 15, 2019 -
221Australia & NZ
ASIC Event Features Regtech Use for Monitoring Financial Promotions
ASIC's 'Regtech Monitoring Financial Promotions' symposium was the first in what will be a series of sessions aimed at working with the industry to solve compliance challenges with technology.
August 6, 2019 -
432Australia & NZFMA to Open Applications for New Adviser Licences in November
Announced last month, the new licensing regime will require financial advisers to operate under a new transitional licence from June 2020.
July 26, 2019 -
566Australia & NZ
New Zealand FMA Sets Out Key Focus Areas, Strategic Objectives
The FMA is prioritising governance, culture, systems and controls, as well as mechanisms to deter misconduct and facilitate informed decision-making by investors and customers.
July 24, 2019
