All posts tagged "inspections"
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353ChinaPCAOB Proposes Framework for HFCAA Determinations
The PCAOB will use the proposed framework to determine when it is unable to carry out inspections of overseas audit firms of US-listed companies.
May 17, 2021 -
17.5KChinaChina SOEs Directed to Rein In Unauthorised Derivatives Trading
SOEs are directed to ensure their subsidiaries are qualified and properly approved to trade financial derivatives, and able to manage the associated risk.
May 7, 2021 -
790EnforcementSFC Set to Deploy Data Analytics in Broker Inspections
High volume brokers were asked in 2019 to adopt new data standards to enable more timely data submissions to regulators when requested.
April 30, 2021 -
349EnforcementTaiwan FSC Probes Next Bank Over Possible Regulatory Breaches
Next Bank is one of the three internet-only banks that was issued a licence by the FSC in 2019. The bank has yet to launch operations.
April 23, 2021 -
310ChinaChina’s Corruption Watchdog Punishes Former Bank Regulators
Three former banking regulators were expelled from the CCP and referred for criminal prosecution for accepting bribes and contributing to Baoshang Bank’s failure, among other violations.
January 28, 2021 -
800ChinaNAFMII Issues New Rules for Interbank Bond Market
The rules prohibit issuers from directly subscribing to their own bonds in the interbank market or buying them indirectly through affiliates or asset management products.
November 20, 2020 -
944Enforcement
SFC, IA Sign New MoU on Supervisory Cooperation
The MoU covers case referrals, joint inspections and investigations, and sharing of information pertaining to products and relevant entities or key persons.
September 29, 2020 -
726Fintech / RegtechKorea to Ease Entry of Innovative Businesses in Finance
The FSC and FSS have jointly announced a set of measures designed to simplify the approval process for innovative businesses in finance.
August 14, 2019 -
1.1KEnforcementHKMA Delegated Powers to Inspect Banks’ Insurance Business
The Insurance Authority is delegating inspection and investigation powers to the HKMA in relation to insurance related business conducted by authorised institutions.
July 22, 2019 -
895KoreaFSS to Relaunch Inspections of Financial Firms This Month
The FSS will look into corporate governance, internal controls and consumer protection practices at KB Financial Group, KB Kookmin Bank and KB Securities, among others.
May 2, 2019
