All posts tagged "insurance"
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552Australia & NZAFCA Finalises Over 18,000 Complaints in Four Months
Australia's four months old 'one stop shop' for financial services dispute resolution has finalised 18,390 complaints, yielding more than A$54mn in awards to consumers and small businesses.
March 9, 2019 -
391ChinaPBOC to Unify Financial Consumer Protection Under Single Agency
Under the current mechanism, financial consumer rights protection is handling by various regulatory bodies, which lack coordination and where standards are not uniform.
March 7, 2019 -
501Australia & NZASIC Finalises HSBC’s 2016 Enforceable Undertaking
Under HSBC Australia's remediation programme, the bank offered about A$690,000 in compensation to 104 clients who may have received inappropriate advice.
February 22, 2019 -
681ChinaHKMA, PBOC Collaborate on Cross Border Financial Services – Report
As part of a plan to develop the Greater Bay Area, the HKMA and PBOC are reportedly planning to work together on the introduction of cross-border mobile payments and other financial services.
February 20, 2019 -
412IndiaRBI Eyes Holding Company Model for India’s Banks
The RBI wants banks to operate as subsidiaries of financial holding companies, with other business arms also split off into separate subsidiaries.
February 11, 2019 -
247ChinaShanghai to Allow Foreign Banks to Set Up Branches, Subsidiaries
China will allow foreign banks to set up branches and subsidiaries in Shanghai amid a host of measures to further open up the city’s financial sector.
May 17, 2018 -
232Fintech / RegtechS.Korea Revamps Approval Process for Aspiring Financial Firms
FSC to dedicate committee of experts to assessing banking, insurance, securities licenses; aimed at boosting transparency, efficiency, lowering entry barriers.
May 3, 2018 -
272ChinaChina to Introduce National Financial Database in Fight Against Systemic Risk
China looking to build a national database of financial products and institutions in order to improve monitoring and supervision and fend off systemic financial risk.
April 12, 2018
