All posts tagged "incentives"
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696ChinaHong Kong, China Framework Comparison – Conduct and Culture
Synpulse’s Prasanna Venkatesan, Gregory Achache and Marina Mai compare China and Hong Kong's regulatory frameworks in relation to culture and conduct.
July 19, 2019 -
624FeatureMAS Raises Conduct Concerns in Financial Advisory Sector
The MAS has commenced a review of the disciplinary frameworks at financial advisory firms, with a view to eventually sharing best practices and developing further guidance.
July 15, 2019 -
463Australia & NZAPRA Orders A$500m Capital Charge for ANZ, NAB, Westpac
The increase in capital requirements are to reflect weaknesses in operational risk management identified in the banks' self-assessments.
July 11, 2019 -
413Australia & NZNew 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 -
1.1KContributed Article
Singapore: Progressing the Culture and Conduct Risk Agenda
MAS is equipping itself with advanced tools that will allow for culture and conduct to be evaluated in a more systematic way, say Jeff Kupfer and Stephen Scott at Starling.
June 13, 2019 -
656Australia & NZNew Zealand Proposes Ways to Improve Banking Conduct, Culture
The proposed measures will put the consumer at the heart of decision-making and make good outcomes the bottom line, says Commerce and Consumer Affairs Minister Kris Faafoi.
May 1, 2019 -
353Australia & NZNew Zealand Financial Services Bill Puts Client Interests First
New Zealand has passed new legislation enabling a new framework for regulating financial advice. The new regime will come into effect in the first half of 2020.
April 10, 2019 -
887FeatureThe MAS Approach to Cultivating Ethical Culture in Banking
MAS emphasises incentive structures as the key to driving ethical behaviour and encourages banks to adopt good practices highlighted in a new information paper.
March 29, 2019 -
811Hong KongHKMA Urges Banks to Foster Sound Culture – Speech
In a keynote address this week, HKMA executive director Alan Au discussed the three pillars of bank culture reform, progress at banks, and new initiatives to drive culture reform forward.
January 18, 2019 -
914Feature
HKMA to Require Banks to Report on Culture Reform
First phase of bank culture self-assessments will cover about 30 institutions, including all major retail banks and selected foreign bank branches.
December 20, 2018
