All posts tagged "Misconduct"
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73EnforcementSFC Suspends GEO Securities Executive for 7.2 Months
GEO's breaches were attributable to Lun Sheung Nim's failure to discharge his duties as a responsible officer and member of the senior management.
June 11, 2021 -
312Contributed ArticleCulture & Conduct Risk: Singapore Sets the Pace for Peers
Among global peers, Singapore is setting the pace for effective governance of culture and conduct risks, say Starling’s Stephen Scott and Mark Cooke.
June 9, 2021 -
103EnforcementHong Kong: Appeals Tribunal Overturns Ban Against UBS Banker
The SFAT concluded that the former UBS banker cannot be held personally responsible for the failings of the China Metal Recycling transaction team.
June 7, 2021 -
70Australia & NZASIC Bans Former Director of Global Merces Funds Management
The former director is being charged criminally for providing false information to auditors and falsifying the books of Global Merces.
June 2, 2021 -
103Australia & NZAPRA Targets Risk Culture in Superannuation Sector
APRA is piloting a risk culture survey with plans to roll it out to a number of superannuation entities in 2022.
June 1, 2021 -
80Australia & NZASIC Files Federal Court Suit Against AMP Companies
ASIC has taken court action against AMP for charging deceased customers insurance premiums and advice fees. AMP has already remediated the impacted customers.
May 31, 2021 -
157EnforcementHKEX Finalises Rule Changes to Enhance Market Quality
HKEX will increase the profit requirement to HKD 80 million in combined profits over the three years. Proposals to enhance its disciplinary powers and sanctions will also be adopted.
May 21, 2021 -
241EnforcementSFC to Investigate, Punish Misconduct in ‘Problematic’ IPOs
In a joint statement with the stock exchange, the SFC says it will not hesitate to take enforcement action against intermediaries for IPO-related misconduct.
May 21, 2021 -
411Big PictureConduct Risk Management Shifts to ‘Predict and Prevent’ Approach
In its annual Compendium on culture and conduct risk supervision, Starling highlights a shift from ‘detect and correct’ to ‘predict and prevent’.
May 18, 2021 -
514Market InfrastructureMAS to Expand Scope of Mandatory Reference Check Regime
MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.
May 17, 2021
