All posts tagged "Misconduct"
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1.8KContributed ArticleA Detailed Look at MAS’ New Accountability Guidelines
Grace Chong and Si Rong Low at Simmons & Simmons JWS detail the key points of MAS’ final guidelines on individual accountability and conduct.
September 11, 2020 -
1.2KAustralia & NZASIC Four-year Plan Targets Misconduct, Innovation
In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.
September 2, 2020 -
1.2KAustralia & NZASIC: Financial Advice-related Compensation Tops A$1bn
NAB accounts for about two-thirds of the total number of customers that received or were offered compensation as a result of fees-for-no-service misconduct or non-compliant advice.
August 25, 2020 -
647Asia-PacificSri Lanka to Commence Probe into State Bank Fraud
Bank of Ceylon, People’s Bank, National Savings Bank, Regional Development Bank, and their related institutions will be probed for irregularities.
August 20, 2020 -
370EnforcementMAS Bans Two Individuals for Fraud and Dishonest Conduct
Prohibition orders were issued against former representatives of Prudential Assurance Company Singapore and Bank of Singapore in two unrelated cases.
August 20, 2020 -
442ChinaCSRC Optimises Rules on Administrative Reconciliation
The revisions will help to ensure investors are compensated for losses in a timely manner and market order is restored as soon as possible, the CSRC says.
August 14, 2020 -
297EnforcementSFC Bans Account Exec for 18 Months Over Discretionary Trading
The former China Tonghai Securities account executive effected over 6,000 trades in a client’s account on a discretionary basis for almost 7 years without authorisation.
August 13, 2020 -
601EnforcementHK Bourse Seeks Broader Powers to Punish Misconduct
Hong Kong’s stock exchange proposes to enhance its disciplinary regime to enhance its ability to hold accountable and sanction senior managers and directors responsible for misconduct.
August 9, 2020 -
595Feature
MAS Announces New Initiatives to Support SORA Adoption
The initiatives aim to catalyse greater activity in SORA markets, safeguard the benchmark’s integrity and enhance market confidence in SORA.
August 6, 2020 -
925Australia & NZCBA Increases Remediation Provisions Ahead of Full-Year Results
Customer remediation provisions have been increased by A$300mn, bringing CBA's total remediation bill to A$834. The full-year results are due on 12 August.
August 5, 2020
