All posts tagged "Oversight"
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345Capital RegulationRBI to Step Up Monitoring of Shadow Banking Sector
Governor Shaktikanta Das says the RBI will increase its monitoring of NBFCs and issue final liquidity risk management rules for the sector "soon".
June 11, 2019 -
970Market InfrastructureMAS Proposes Increased Scope for Accountability, Conduct Guidelines
MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.
June 7, 2019 -
344InternationalFSB Designates UK Agency as Sole UPI Service Provider
The Derivatives Service Bureau will be the sole issuer of UPI codes and operate the UPI reference data library, facilitating the use of OTC trade reporting data in assessing systemic risk.
May 3, 2019 -
409Capital RegulationJapan FSA Issues Proposal to Tighten Regional Bank Oversight
The FSA will stress tests regional banks and force weaker lenders to take action to improve profitability, replace their management, or merge.
April 4, 2019 -
673Feature
Banks Increasingly Focused on Conduct Risk – FSB
At an FSB workshop on compensation practices, banks reported an increased focus on conduct risk, management accountability and culture reform.
March 12, 2019 -
582Australia & NZASIC Issues Update on Implementation of Hayne Recommendations
ASIC is considering over 40 enforcement cases, a number of which involve misconduct by large financial institutions, their employees or subsidiary companies.
February 20, 2019 -
651Securities & TradingMAS Discusses Supervisory Toolkit for Fund Managers – Speech
MAS places emphasis on conduct and individual accountability in its supervisory approach, using data analytics to help identify unusual trends and flag outliers among fund managers.
February 19, 2019 -
421IndiaIndia Finance Ministry to Have Greater Say in SEBI Rulemaking
SEBI regulations may need to be vetted through a separate independent committee constituted by the Ministry of Finance before being passed to the regulator's own board for approval.
January 31, 2019 -
502India
UPDATED – Losses from Bank Fraud Up 72 Percent – RBI
According to RBI data, the higher losses are in large part due to increasing cybercrime as well as the Punjab National Bank scandal in February 2018.
January 7, 2019 -
631Asia-PacificBNM Issues Policy Document Targeting Outsourcing Risk at FIs
Malaysia's central bank has raised expectations on the board and senior management to ensure effective oversight and governance of outsourcing arrangements.
December 31, 2018
