The guidance says money remittance services, banks, DPT service providers, precious stone and metals dealers, and non-profit organisations are vulnerable to TF threats.
May 29, 2023Goldman's European unit reported lower RWA for credit risk than it should have done for eight consecutive quarters.
May 17, 2023Many prudential risks that arise from rising interest rates are "beyond the scope of Pillar 1" and are "more effectively addressed" through a robust Pillar 2 supervisory review process.
May 15, 2023During an on-market buyback, Ord Minnett executed a pre-arranged transaction to buy shares at above-market prices, giving "preferential treatment" to the selling client.
May 4, 2023The FSC is creating a new bureau that will be dedicated to the crypto sector, adding to its four existing bureaus.
May 3, 2023IPO bookrunners must verify institutional investors can pay for stocks before allotment; risk weight for carbon emissions rights is reduced.
April 30, 2023MAS identified issue managers that did not perform conflict-of-interest checks, background checks on EDs and controlling shareholders, and site visits to issuers' material assets.
April 18, 2023The guidelines will cover information disclosures, product listings, customer asset segregation, money laundering prevention, consumer protection, and information security, among other areas.
April 1, 2023The subsidiary legislation covers operational and technical matters and the introduction of a more robust regulatory regime for securities registrars.
March 28, 2023S&P prematurely published credit ratings before securities were issued, failed to disclose decisions for discontinuing some credit ratings, and took too long to correct factual errors in reported data.
March 25, 2023