IOSCO's 2022 work plan for sustainable finance focuses on assurance, carbon markets and reporting standards.
March 16, 2022MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.
March 8, 2022NH Investment & Securities cannot sell new private equity funds for three months. Hana Bank cannot be appointed as a fund trustee for three months.
March 4, 2022Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.
February 22, 2022Futures trust companies are required to set up dedicated risk management departments with "adequate and competent" full-time personnel by 31 December.
February 12, 2022The Senate Economics Committee acknowledged "overwhelming support" for the CCIV legislation and recommended it be passed "as soon as practicable".
February 8, 2022The HKMA will submit legislative amendments in early 2023 to implement the Basel III final reforms, which will take effect from 1 July 2023.
February 1, 2022Greenwashing poses a "real and present danger" to industry efforts to advance sustainability considerations in their investment processes.
February 1, 2022The change increases PESONet's daily batch settlement to two cycles, enabling better risk management for FIs and greater convenience for customers.
January 27, 2022NZX-owned Smartshares Limited has become the first fund manager to be approved under the Asia Region Funds Passport scheme.
January 26, 2022