All posts tagged "directors"
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89Asia-PacificBSP Introduces Stricter Penalty Framework for FIs
Monetary penalties have increased from PHP 30,000 to a maximum PHP 1 million for each violation. Fines up to three times profit gained or loss avoided can also be imposed.
September 14, 2021 -
195Hong KongHKMA Urges Continued Momentum in Bank Culture Efforts
Culture is the "invisible glue" that holds a bank together and assumes an even more critical role during the pandemic, says the HKMA's Arthur Yuen.
September 9, 2021 -
209MalaysiaBursa Malaysia to Enhance Framework for Main Market Advisers
The amendments will make available a wider pool of qualified corporate finance advisers to act as a Recognised Principal Adviser on the Main Market.
August 12, 2021 -
147MalaysiaBursa Malaysia Proposes Listing Rule Changes to Enhance ACE Market
Sponsor eligibility requirements will be liberalised to make available a wider pool of qualified corporate finance advisers to act as sponsors for the ACE Market.
August 4, 2021 -
367Contributed ArticleHong Kong Stock Exchange Issues Revised Enforcement Policy
Herbert Smith Freehills partners explain the implications of the Hong Kong Stock Exchange's updated policy statement on Listing Rule enforcement.
July 16, 2021 -
206MalaysiaSC Malaysia Expands Sophisticated Investor Definition
More investors will be allowed to expand their investment options and issuers will be able to tap into a larger pool of sophisticated investors.
July 2, 2021 -
73ChinaCBIRC Issues New Qualification Rules for Insurance Executives
Insurers need to seek approval from the CBIRC on the qualifications of directors, supervisors and senior managers starting 1 July.
June 28, 2021 -
119China
CBIRC Issues Draft Rules for Major Bank Shareholders
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021 -
280China
CBIRC Finalises Corporate Governance Guidelines for Banks, Insurers
Directors are required to treat shareholders fairly and guarantee their rights, demonstrate high standards of professional ethics, and protect the rights and interests of stakeholders.
June 12, 2021 -
78Australia & NZASIC Stresses Quality of Financial Reports, Disclosures
The assumptions underlying estimates and assessments for financial reporting purposes should be reasonable, supportable, realistic, and not overly optimistic or pessimistic.
June 11, 2021
