All posts tagged "financial advisory"
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174Australia & 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 -
193FeatureMAS 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 -
240Enforcement
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 -
195Enforcement
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 -
1.7KAML / 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 -
916EnforcementKorea 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 -
1.4KFeatureMAS Raises Conduct Concerns in Financial Advisory Sector
The MAS has commenced a review of the disciplinary frameworks at financial advisory firms, with a view to eventually sharing best practices and developing further guidance.
July 15, 2019
