All posts tagged "Insurers"
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100ChinaCBIRC Tightens Rules for Major Shareholders of Banks, Insurers
The rules prohibit major shareholders from concealing their equity relationships, interfering with operations, and engaging in connected transactions.
October 18, 2021 -
115Australia & NZAPRA Concludes Pilot Risk Culture Survey With 10 Insurers
Based on responses from almost 7,200 insurance employees, APRA found some of the lowest scores in risk governance and controls.
October 15, 2021 -
162Asia-PacificOJK Indonesia Establishes New Sustainable Finance Task Force
The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.
October 11, 2021 -
181Big PictureIAIS Warns of Climate Risks Faced by Insurance Sector
The IAIS estimates more than 35 percent of insurers’ investment assets are “climate-relevant”, i.e. exposed to climate risks.
October 6, 2021 -
141China
CBIRC Directs Banks to Finance Coal Amid Energy Crisis
China's energy crisis is the result of efforts to reduce domestic coal production to meet climate policy objectives, exacerbated by a ban on imports from Australia.
October 6, 2021 -
115Hong KongCustomers Not Informed in Premium Financing Arrangements
The HKMA and IA found in joint inspections that customers may not be sufficiently informed about the potential impact of premium financing arrangements.
October 4, 2021 -
214SingaporeSingapore: ASFI, WWF Launch Sustainable Finance Academy
ASFI Academy will help ensure the financial sector workforce develops the skills needed to implement MAS' guidelines on environmental risk management.
September 22, 2021 -
213EnforcementS. Korean Financial Firms Push Back Against Executive Accountability
Six industry bodies have filed a joint request asking regulators to grant their boards more autonomy over their internal affairs rather than punishing their executives.
September 16, 2021 -
753Contributed ArticleImplementing the Final Phase of MAS’ OTC Derivatives Reporting Regime
Firms coming into scope on 1 October need to quickly complete onboarding and test their reporting to DTCC's Singapore trade repository.
September 7, 2021 -
123ChinaChina: New State Pension to Boost Retirement Savings
The establishment of the new state pension company is waiting for regulatory approval from the CBIRC.
August 23, 2021
