All posts tagged "financial advisory"
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446Capital / LiquidityBSP Issues Guidelines on Strengthening Rural Bank Competitiveness
The guidelines set out options to strengthen the rural banking sector, including through mergers, acquisitions or third party investment.
May 12, 2022 -
479SingaporeSingapore’s Insurers Gets New Culture and Conduct Guidance
Two new papers have been published to help Singapore's insurance industry in elevating their culture and conduct standards.
March 23, 2022 -
663EnforcementMAS Bars Former DBS Wealth Planner for Cheating Clients
The former DBS Bank wealth planning manager fraudulently deceived clients into transferring SGD 490,000 into his personal bank account.
March 21, 2022 -
777ESG / SustainabilityTaiwan FSC Unveils Plans to Develop ESG Focused Industry Culture
Investment firms will have to take ESG and climate considerations into account in investment decisions - even for non-ESG-themed fund products and proprietary trades.
March 10, 2022 -
227Australia & NZAustralia Consults on Compensation Scheme of Last Resort
The CSLR will establish an industry-funded compensation mechanism for individuals who have won decisions against insolvent financial firms.
July 21, 2021 -
249FeatureMAS to Refine Financial Advisory Remuneration Rules
MAS proposes to refine the tier structure requirements and clarify the types of remuneration that can be paid as overriding benefits.
July 16, 2021 -
361Enforcement
MAS Bans Former Representative Over Forgery Conviction
The former representative deceived online platform OANDA into crediting money into his personal trading account through forged screenshots of a bank transfer.
June 5, 2021 -
242Enforcement
MAS Bans Former Insurance Broker for Dishonest Conduct
The former insurance broker was banned for unauthorised selling of general insurance when he was only licensed to sell life policies.
February 25, 2021 -
1.8KAML / KYCMAS Bans Former BSI Banker Over 1MDB ‘Secret Profits’
The former banker received about $5mn in fund management fees in an entity he beneficially owned, at the expense of and without the knowledge of BSI Bank.
October 23, 2020 -
963EnforcementKorea Progresses Financial Consumer Protection Bill
The bill, approved by the national policy committee, contains six sales regulations to be applied to all financial products and establishes a legal basis for penalising firms in violation.
November 28, 2019
