DAOs have the potential to address the shortcomings of traditional firms while also realising more equitable governance and operations.
January 21, 2023SEBI proposes to allow mediation and arbitration to be conducted entirely online and to only have a sole arbitrator rather than a panel deciding cases.
January 4, 2023Mystery shopping programme identified deficiencies in QDAP and TVC sales practices. Insurers and intermediaries with adverse findings will be required to take remedial actions.
December 29, 2022Some "unscrupulous intermediaries" have been advertising and promoting "illegal" loan conversion as a way to reduce interest costs.
December 27, 2022The SFC has decided to "provide more time for the industry’s preparation" and has announced a 20 March 2023 launch date for the HKIDR.
December 13, 2022The draft rules strengthen obligations for bond intermediaries to improve their due diligence practices and serve as gatekeepers.
November 22, 2022Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.
November 17, 2022The FSC will increase opportunities for FIs and fintechs to offer services via integrated apps, while ensuring consumer protections are in place.
August 30, 2022Fees paid by stock exchanges, clearing corporations, depositories, intermediaries and investors in securities markets are now subject to 18% GST.
July 27, 2022A shift away from bank deposits may not occur if banks offer "smooth exchange of CBDC and deposits" and "attractive services related to CBDC".
July 15, 2022