All posts tagged "enforcement"
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562Australia & 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 -
683Australia & 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 -
722Asia-PacificThailand to Mandate Extra Reporting Rule for Digital Asset Trades
Digital asset exchanges will have to report all trades exceeding 5 million baht to commercial banks, which will then report the transactions to the Thailand's Anti-Money Laundering Office.
July 19, 2019 -
683EnforcementS. Korea Forms Special Unit to Investigate Unfair Trading
The squad comprises 16 special judicial police officers, one FSC public official and 15 FSS employees, tasked with handling unfair trading cases under the command of Seoul prosecutors.
July 19, 2019 -
741Australia & NZAPRA Set for Dramatic Overhaul in Response to Capability Review
Among the review's recommendations are proposed veto powers to prevent the appointment or reappointment of "inappropriate" directors and senior executives at regulated entities.
July 18, 2019 -
821EnforcementSFC Warns Against Misconduct Involving Acquisitions, Disposals
Directors of listed companies have a duty to exercise due and reasonable care, skill and diligence when evaluating or approving the acquisition or disposal of a company or business.
July 6, 2019 -
766Australia & NZRBNZ to Intensify Supervision of Financial Institutions
The RBNZ is reviewing its regulatory requirements and intensifying its supervision of financial institutions to boost the resilience of New Zealand's financial system.
June 27, 2019 -
626Australia & NZAPRA Uses New Directions Powers Against AMP Super
AMP superannuation units have been ordered to make significant changes to their business practices, and to renew and strengthen their board.
June 17, 2019 -
557ChinaSFC, CSRC to Facilitate Cross-Border Investigations
The SFC and CSRC have agreed on a new cooperative framework to facilitate and coordinate cross-border investigations in "high impact or urgent cases".
June 17, 2019 -
1.2KFeatureFSB: Decentralisation Could Benefit Financial Stability
While decentralised financial technologies do pose risks, they may increase competition and diversity in the financial system and reduce existing entities’ systemic importance.
June 8, 2019
