The former chief investment officer used "another person's account" to trade the same stock that was being traded by Eastspring.
August 9, 2022Under Chinese law, all companies are required to have a CCP unit, but this has so far not been widely enforced at foreign financial firms.
July 26, 2022Under a new scheme, private pension funds can invest in mutual funds. Initially, only mutual funds with at least CNY 50 million of assets are eligible.
June 29, 2022The requirement for public fund companies to establish an internal CCP unit is "not linked to data security", a CSRC official said.
June 24, 2022The CBIRC is seen to be enforcing strict penalties in order to strengthen market discipline and improve internal control and governance at banks.
June 22, 2022Circulars were sent to listed companies regarding digital assets. The SEC's final advertising rules will take effect on 16 July. Huobi has exited the Thai market.
June 21, 2022The CSRC has issued warning letters to six securities companies, ordering them to correct violations involving their overseas subsidaries.
June 14, 2022Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.
June 6, 2022The BCBS will soon publish its final set of principles on managing climate-related financial risks, and a second consultation on the treatment of banks' crypto-asset exposures.
June 1, 2022The FSS will seek to understand why Woori's internal control system failed to detect embezzlement by its employee over ten years.
May 30, 2022