The HKIFA is advocating for fund documents to only be delivered to investors digitally by default, increased use of cloud for record keeping, and greater alignment with international standards.
August 2, 2019The proposed relief will defer substantial holding notifications required of agent lenders to the time when lending authority is first exercised.
July 30, 2019The FSB has adjusted the implementation timelines for its framework recommendations for haircuts on certain non-centrally cleared securities financing transactions to align with Basel III.
July 22, 2019Listed banks will have to make disclosures if the additional provisioning for NPAs assessed by RBI exceeds 10% of reported profit, compared to 15% previously.
July 22, 2019Concerned that oversight of increasingly complex core investment firms is now inadequate, the RBI has set up a working group to review its framework.
July 4, 2019Most financial institutions say coordination among regulators is not sufficient to effectively promote sustainable finance globally, according to a GFMA survey.
July 2, 2019The Task Force said some of the results of its disclosure review and survey are encouraging, but not enough companies are disclosing decision-useful climate-related financial information.
June 7, 2019Two discussion paper have been issued, one on public disclosures of information on resolution planning and resolvability, the other on winding down large derivatives portfolios.
June 5, 2019"Ultimately there will only be one form of finance, and that will be green finance," said APRA head of insurance Geoff Summerhayes at the ACSI annual conference.
May 9, 2019The proposals include an AML/CFT framework for VCCs requiring them to engage an eligible financial institution to perform the necessary checks.
May 2, 2019