The former insurance broker was banned for unauthorised selling of general insurance when he was only licensed to sell life policies.
February 25, 2021The guidelines set out four principles for all CBIRC-regulated financial institutions to incorporate in their reputation risk management systems.
February 25, 2021MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.
February 23, 2021Regulators will explore the feasibility of allowing individuals to use their annual foreign exchange quotas to invest in overseas markets.
February 22, 2021To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.
February 16, 2021A new framework will be introduced to allow firms like Kakao and Naver to sell digital insurance products under sandbox-like conditions.
February 11, 2021The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021APRA chair Wayne Byres says the banking, insurance and superannuation sectors were able to act as shock absorbers for the rest of the economy amid the Covid-19 pandemic.
February 7, 2021Financial institutions are asked to use the case as a reference for improving their own consumer rights protection mechanisms.
February 4, 2021The business, to be incorporated in Beijing, will be the first wholly foreign-owned insurance asset management firm in China.
February 3, 2021