All posts tagged "Governance"
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473Contributed ArticlePractical Steps for Compliance with MAS’ IAC Guidelines
Grace Chong at global law firm Simmons & Simmons analyses the implications of MAS' Individual Accountability and Conduct Guidelines, and sets out the practical steps to be taken.
June 14, 2019 -
499Hong KongSFC Directs Prime Brokers on Regulatory Obligations
If prime services are carried out in Hong Kong, prime brokers are expected to comply with Hong Kong rules and regulations regardless of where the risk positions are booked.
June 11, 2019 -
740FeatureFSB: 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 -
736Big PictureIOSCO Publishes Recommendations on Sustainable Finance
The report identifies the prerequisites for creating an ecosystem that facilitates sustainable finance, and sets out 10 recommendations for growth and emerging markets.
June 8, 2019 -
970Market Infrastructure
MAS Proposes Increased Scope for Accountability, Conduct Guidelines
MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.
June 7, 2019 -
311International
CPMI-IOSCO Paper on CCP Default Management Auctions
The discussion paper describes the considerations CCPs take into account when planning and conducting default management auctions.
June 7, 2019 -
447Big PictureIndustry Body Publishes Best Practices Paper for CCPs
Global association CCP12 says in a new paper that a ‘one-size-fits all’ approach to CCPs is inappropriate, and it is critical to recognise jurisdictional differences.
June 3, 2019 -
494Hong Kong
SFC Warns Credit Rating Agencies of Model Risk
The SFC highlighted insufficient validation of credit rating models, inconsistencies between models and methodology, and inadequate validation of third-party models.
May 30, 2019 -
767Australia & NZAPRA Warns of Capital Charges for FIs with Poor Culture
APRA says it may apply additional capital requirements to regulated institutions with material weaknesses in their governance and management of non-financial risks.
May 24, 2019 -
274KoreaFSC Korea Mulls Relaxation of Five Percent Rule
Investors who own 5% or more of a listed company must disclose any ownership change within 5 days, a requirement that has prevented some institutional investors from exercising their voting rights.
May 23, 2019
