All posts tagged "insurance"
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769ChinaChina Announces 11 Measures to Open Up Financial Sector
The measures ease restrictions on foreign investment in securities firms, asset management companies, FX brokerage, insurance and pension management, among others.
July 22, 2019 -
482EnforcementHKMA 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 -
345Australia & NZASIC Proposes Total Ban on Insurance Sales by Phone
ASIC's ban will protect consumers where sales issues and consumer harm have already been identified, ahead of wider legislative reform by the government.
July 22, 2019 -
491EnforcementUPDATED – Japan Post Vows to Compensate Customers for Mis-sold Insurance
Some 93,000 cases were found where customers were left uninsured due to inappropriate sales tactics, paid double premiums, or were denied coverage for paid up insurance policies.
July 12, 2019 -
710ChinaChina to Remove Foreign Ownership Limits a Year Early
Premier Li Keqiang said at the World Economic Forum in Dalian that foreign ownership limits in the financial sector will end in 2020, ahead of schedule.
July 3, 2019 -
402Australia & NZAustralia: New Law Safeguards Super Accounts from Excessive Fees
lia's government says the new legislation will protect super savings from from being eroded by excessive and unnecessary fees and insurance costs.
July 2, 2019 -
483Australia & NZASIC Imposes Lifetime Ban on Former Westpac Adviser
The former adviser is said to have prioritised his own interests over those of his clients by providing inappropriate advice that maximised fees and commissions.
June 27, 2019 -
561ChinaHong Kong Proposes Insurance Connect with China
The proposed plan will allow Hong Kong insurers to set up offices in Guangdong and Macau, part of a large integration plan for the Greater Bay Area.
June 13, 2019 -
590ChinaNew Opening Up Measures Coming ‘Soon’ – CBIRC Chairman
CBIRC chairman Guo Shuqing says 12 new measures will soon be introduced to further open up China's financial sector to banks and insurers.
May 2, 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
