All posts tagged "financial holding companies"
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496TaiwanTaiwan FSC Revises Guidelines on Financial Industry Disclosures
The amendments will enhance disclosures on environmental and social issues, board diversity and independence, and information security policies and risks.
January 5, 2022 -
487FeatureMAS Raises Corporate Governance Expectations for FIs
New expectations on corporate governance will start to take effect from 1 January 2022, MAS says in its consultation response.
November 12, 2021 -
229EnforcementFSS Faces Criticism Over Revamp of Supervisory Approach
South Korea's FSS will shift focus from disciplinary actions to risk prevention, according to FSS governor Jeong Eun-bo.
November 11, 2021 -
233ChinaChina: Regulatory Crackdown on Internet Platforms Not Yet Complete
About half China's major Internet platforms have implemented plans to restructure their financial businesses. More progress is expected by year-end.
November 3, 2021 -
308TaiwanTaiwan’s FSC Amends Regulations for Financial Holding Companies
Foreign banks in Taiwan are no longer required to have a local chief of information security if there is a designated officer at the head office or regional level.
October 26, 2021 -
399ChinaPBOC Vows to Fill Gaps in FinTech Regulation
Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.
October 15, 2021 -
267FeatureBig Tech Brings ‘New and Unfamiliar’ Challenges: BIS
A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.
August 6, 2021 -
248Capital Regulation
PBOC Accepts Applications to Establish Financial Holding Companies
China CITIC Limited and China Everbright Group have become the first to apply for approval to establish financial holding companies.
June 8, 2021 -
1.2KFeatureMAS Issues Revised Corporate Governance Guidelines for FIs
The guidelines provide good practices that financial institutions should observe in relation to their corporate governance and remuneration frameworks.
May 10, 2021 -
561ChinaChina Regulators Order Tech Firms to Rectify Violations
Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021
