All posts tagged "Misconduct"
-
87EnforcementHong Kong Police Arrest Eight in Joint Operation With SFC
The joint operation involved a loan granted by a listed company to a related party and payments purportedly made to suppliers that instead went to related parties.
July 6, 2022 -
413ESG / Sustainability
SFC Reviewing Market Practices to Guard Against Risk
Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022 -
243Australia & NZFMA Set Out Plan for Identifying Cases of Auditor Misconduct
The FMA will perform audit quality reviews every two years for the big 4 audit firms and once every three years for the other registered audit firms.
June 22, 2022 -
640EnforcementUS SEC Probes Goldman Sachs for Suspected Greenwashing
The SEC is reportedly investigating whether disclosures made to clients accurately described the investment practices used by two Goldman funds.
June 15, 2022 -
732EnforcementUK FCA Places Credit Suisse on Regulatory Watchlist
Credit Suisse was added to the FCA's watchlist due to concerns that it was not doing enough to improve its culture, governance and risk controls.
June 15, 2022 -
345ChinaChina: Banks, Fund Managers Directed to Rein In Executive Pay
Fund houses are required to defer a portion of executive bonus payments. Senior staff are directed to invest their bonuses in financial products issued by their companies.
June 14, 2022 -
632Australia & NZContracts for Difference: Playing with Fire
Increased regulatory scrutiny of CFDs highlights the need for a renewed focus on financial literacy and investor education, says Emma Parry.
June 14, 2022 -
376EnforcementSFC Proposes SFO Revisions to Improve Enforcement Tools
The amendments relate to SFO provisions on remedial orders, insider dealing, and advertising of investment products.
June 13, 2022 -
284Australia & NZASIC Issues Guidance on Financial Adviser Warnings, Reprimands
ASIC can issue a warning or reprimand to a financial adviser in circumstances where it does not plan to take stronger enforcement action.
June 13, 2022 -
396Big PictureOld Misconduct Patterns Are Repeating in New Settings: FMSB
Forms of misconduct which have been present for hundreds of years are playing out in new digital asset classes, including crypto assets and NFTs.
June 9, 2022
