All posts tagged "Insurers"
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18Asia-PacificBSEC Allows Foreign Companies to Sponsor Mutual Funds
Foreign companies will be allowed to become sponsors of mutual funds, subject to a maximum contribution of 25 percent of the find size.
May 7, 2021 -
211FeatureBNM Finalises ‘Climate Change and Principle-based Taxonomy’
The document introduces a progressive system of transition categories to acknowledge concrete efforts and commitments by businesses to adopt sustainable practices.
May 3, 2021 -
110Australia & NZAPRA Issues Draft Prudential Practice Guide on Remuneration
The guidance will assist entities in complying with APRA's new standard on remuneration, which is expected to be finalised later this year.
May 1, 2021 -
52ChinaCBIRC Warns Banks of Stronger Penalties for Shareholder Violations
Banks and insurers are asked to conduct self-assessments and improve their accountability standards and procedures to guard against illegal behaviour.
May 1, 2021 -
57ChinaCBIRC Orders Big Banks to Increase SME Loans by 30pc
The CBIRC has asked China's five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.
April 30, 2021 -
98Australia & NZRBNZ Releases Final Guidance on Developing Cyber Resilience
This guidance provides the baseline-level of cyber resilience recommendations as well as recommendations for enhanced-level practices.
April 29, 2021 -
1.3KAustralia & NZ
APRA Issues Draft Guidance on Climate-related Financial Risk
The consultation says institutions and boards may face liability risks if they do not adequately consider or respond to the impacts of climate change.
April 23, 2021 -
92Australia & NZAustralia Issues Draft Bill on Financial Advice Reforms
The bill will expand the role of ASIC's Financial Services and Credit Panel so that it operates as the single disciplinary body for financial advisers.
April 21, 2021 -
672Australia & NZNew Zealand Introduces Law on Mandatory Climate Disclosures
Once the bill is passed, disclosures will be required for financial years commencing in 2022, meaning the first disclosures for around 200 organisations will be made in 2023.
April 14, 2021 -
243ChinaChinese State-backed Funds Intervene to Calm Market
The government reportedly blocked social media mentions of the stock market while local media outlets downplayed recent market turbulence.
March 11, 2021
