All posts tagged "Governance"
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906Australia & NZRBNZ to Intensify Supervision of Financial Institutions
The RBNZ is reviewing its regulatory requirements and intensifying its supervision of financial institutions to boost the resilience of New Zealand's financial system.
June 27, 2019 -
758Australia & NZ
New Zealand Banks Commit to Ending Sales-Linked Incentives
FMA chief executive Rob Everett and RBNZ governor Adrian Orr have confirmed that all banks have committed to removing sales incentives for frontline staff and their managers.
June 25, 2019 -
1.0KInternationalFMSB Issues Draft Good Practice Statements on Conflicts of Interest
The FICC Markets Standards Board provides new guidance to help market participants identify, prevent, manage and mitigate conflicts of interest.
June 21, 2019 -
1.6KFeatureBanks Making Progress on Compensation Practices: FSB
Most banks now have compensation policies in place that reduce the potential for inappropriate risk-taking. The challenge now is to develop frameworks for assessing their effectiveness.
June 18, 2019 -
795Australia & NZAPRA Uses New Directions Powers Against AMP Super
AMP superannuation units have been ordered to make significant changes to their business practices, and to renew and strengthen their board.
June 17, 2019 -
3.0KContributed 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 -
1.5KHong 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 -
1.5KFeature
FSB: 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 -
1.4KBig 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 -
3.0KFeatured Articles
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
