All posts tagged "incentives"
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65Australia & 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 -
460FeatureHKMA 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 -
383Big 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 -
400Asia-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 -
792AML / 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 -
627Feature
HKMA Reveals Preliminary Findings from Bank Culture Assessments
HKMA executive director Alan Au says banks generally agree with the need to foster sound bank culture and have been implementing a range of culture enhancement initiatives.
January 16, 2020 -
692Feature
HKMA Warns FIs Against Churning Investment Funds for Clients
The HKMA has issued new guidance aimed at preventing, detecting and mitigating misconduct risks at financial institutions in the selling of investment funds.
November 25, 2019 -
1.6K1AML / KYCRefocusing the AML Model on Evidence and Outcomes
Under the current AML model, the ultimate focus for FIs is to protect the institution and the bottom line rather than reduce money laundering, says RUSI's Matthew Redhead.
October 14, 2019 -
559Australia & NZRBNZ to Issue Final Decisions on Bank Capital in December
RBNZ deputy governor Geoff Bascand says the central bank will review the amount of capital, what form it takes, and the allowed transition period before final decisions are made.
October 4, 2019 -
563InternationalIOSCO Publishes Updates on MMF, Securitisation Regulation
The reports describe progress by IOSCO members to adopt legislation, regulation and other policies covering MMF and securitisation, considered priority reform areas by the G20.
October 3, 2019
