All posts tagged "Governance"
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1.1KAustralia & NZAPRA to Develop Climate Risk Guidance, Assess ADI Vulnerability
APRA will develop guidance on climate change financial risk, conduct a vulnerability assessment of ADIs, and include ESG in superannuation investment governance guidance.
February 25, 2020 -
788Australia & NZ
APRA Asks ADIs to Review, Improve Stress Testing Processes
Larger ADIs have better stress testing governance practices and scenario development processes, and make better use of stress test results, than smaller institutions.
February 24, 2020 -
820Australia & NZAustralia: Preparing for the Financial Accountability Regime
An essential first step to prepare for the FAR is for organisations to clarify internal lines of accountability, says APRA's Helen Rowell.
February 21, 2020 -
2.1KChinaChina Likely To Push Asset Owners To Embrace ESG
Beijing will likely require asset owners play a bigger role in ESG investing as part of broader sustainability plans when it announces its five-year plan later this year, according to KPMG.
February 21, 2020 -
842FeatureWhistleblowing Policy to Become Mandatory for SGX Listed Companies
SGX RegCo chief Tan Boon Gin wants to hardcode a whistleblowing policy into the Listing Rules to make compliance mandatory. A consultation will be launched in June.
February 18, 2020 -
2.3KMarket InfrastructureMAS Issues Guidance on Investment Suitability, Pricing in Private Banking
MAS looks to private banks’ boards and senior management to ensure the effectiveness of policies, processes, controls and systems in sales and advisory practices, and to shape the staff behaviour.
February 17, 2020 -
549ChinaCBIRC’s New Rules for Trust Companies to Take Effect in March
When the measures take effect, a $1bn asset threshold required of foreign financial institutions to hold shares in domestic trust companies will be effectively cancelled.
February 11, 2020 -
1.2KAML / KYCLiar’s Poker – The 1MDB Version
1MDB sorely tested principles-based regulation and compliance at Goldman Sachs. But, the bank was likely set up as a victim from the very beginning, says Peter Guy.
February 11, 2020 -
852Capital / LiquidityCabinet Approves Amendments to Bring Co-op Banks Under RBI Oversight
Under the amendments, the RBI gain powers to supersede the board of a cooperative bank under stress, with government approval.
February 7, 2020 -
779Singapore
MAS Proposes New Requirements for Insurers Managing Par Funds
Among the new requirements introduced for insurers is an obligation to ensure that any charge or expense allocated to the Par Fund is "fair and reasonable".
February 7, 2020
