MAS said the six former insurance agents actively participated in a scheme to cheat the Inland Revenue Authority out of S$125,000.
June 2, 2023The Net-Zero Insurance Alliance has lost members due to pressure from the anti-ESG movement in the US.
May 29, 2023The former AIG and Liberty insurance agent paid bribes to an Indonesian Embassy official and one other individual.
May 24, 2023CPS 900 will formally come into effect from 1 January 2024, but individual entities would only be subject to the requirements when notified by APRA.
May 18, 2023HSBC has reportedly signed an agreement to raise its stake in the joint venture from 49 to 100 percent, subject to regulatory approval and other conditions.
May 9, 2023The RBNZ proposes to introduce mandatory reporting of all material cyber incidents within 72 hours, and periodic reporting of non-material incidents.
May 9, 2023The regime requires banks to conduct mandatory reference checks to fill specified positions, to address the issue of 'rolling bad apples'.
May 4, 2023The "Virtual Asset User Protection Bill" consolidates and reconciles 19 legislative proposals introduced over the two years since May 2021.
April 28, 2023The inclusion of climate-related metrics in compensation frameworks is at an "early, evolutionary stage" and is focused on executive and senior management.
April 24, 2023This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.
April 24, 2023