All posts tagged "incentives"
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576Hong KongHKMA Urges Continued Efforts to Advance Bank Culture Reform
In a recent keynote address, the HKMA's Alan Au discussed seven common themes that were identified from banks' self-assessments of culture reforms.
November 25, 2020 -
540EnforcementHong Kong ICAC Charges Two Former AIA Agents With Fraud
A former district manager and former insurance agent each face one count of fraud in separate cases for submitting false income proof statements.
October 26, 2020 -
2.6KContributed ArticleA Detailed Look at MAS’ New Accountability Guidelines
Grace Chong and Si Rong Low at Simmons & Simmons JWS detail the key points of MAS’ final guidelines on individual accountability and conduct.
September 11, 2020 -
1.7KFeatureMAS Finalises Individual Accountability and Conduct Guidelines
Financial institutions are expected to strengthen senior manager accountability and promote a culture of ethical behaviour. The guidelines take effect on 10 September 2021.
September 10, 2020 -
608InternationalIOSCO Outlines Key Elements of Effective Market Making Programmes
The key elements may help promote the provision of liquidity, strengthen investor confidence, and foster fair and efficient markets, IOSCO says.
August 12, 2020 -
304ChinaCBIRC to Grade Banks on SME Credit Provisioning
The first evaluation of how effectively banks are providing financial services to SMEs will cover 2019, and be completed by 31 October 2020.
July 7, 2020 -
299Australia & NZAustralian Treasury Bans ‘Conflicted’ Commissions Paid on LICs
Fund managers will be barred from paying fees to financial advisers and stockbrokers for selling listed investment companies and trusts.
May 25, 2020 -
911FeatureHKMA Publishes Findings from Bank Culture Reform Initiative
As a next step, the HKMA will conduct more focused reviews on retail banks' front office in relation to the distribution of banking, investment and insurance products.
May 24, 2020 -
620Big PictureAll Firms Are Taking Steps to Align Compensation With Risk: FSB
Banks, insurers and asset managers are increasingly making use of non-financial metrics and better data to assess compensation policy effectiveness and align compensation with risk.
May 13, 2020 -
525Asia-PacificBangladesh: Bankers Get Incentives to Work During Lockdown
The central bank has ordered banks pay officers and employees full month salary for 10 days' work during Covid-19 lockdown.
April 15, 2020
