All posts tagged "risk control"
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56ChinaCSRC Releases Latest Grades for Securities Firms
Goldman Sachs Gaohua Securities, Morgan Stanley Huaxin, and Credit Suisse Founder Securities made the list for the first time.
August 2, 2021 -
128EuropeIndependent Report Finds Risk Control Failures at Credit Suisse
The report indicates that the risks were known, but responsible parties in the first and second lines simply failed to act.
July 30, 2021 -
60ChinaCBIRC Issues New Qualification Rules for Insurance Executives
Insurers need to seek approval from the CBIRC on the qualifications of directors, supervisors and senior managers starting 1 July.
June 28, 2021 -
134AML / KYCTaiwan FSC Fines Nan Shan Life Insurance Over Lax Controls
The FSC found that 122 sales personnel paid premiums on behalf of clients with their own credit cards to earn rewards points offered by banks.
May 6, 2021 -
1.8KChinaPBOC Finalises Standards for Financial Holding Company Executives
The regulations clarify the qualifications and filing procedures for directors, supervisors, and senior managers of financial holding companies.
April 9, 2021 -
318Capital RegulationUPDATED – Chinese Regulators Agree on Ant Group Restructuring Plan
Under the plan, Ant Group will fold all of its businesses into a financial holding company that will be subject to PBOC oversight and capital requirements.
February 4, 2021 -
139ChinaCSRC, Exchanges Issue Final Rules for Index Funds
The rules seek to strengthen the professional competence of index fund managers, enhance the quality of underlying indexes used, and improve risk control.
February 1, 2021 -
242China
CBIRC Flags Continued Governance Issues at Banks, Insurers
Major shareholders at some small and medium-sized institutions are deliberately concealing their affiliate relationships and using the institutions as ‘cash machines’.
January 31, 2021 -
249Capital Regulation
CBIRC Issues Draft Rules for Banks on Managing Liability Quality
The draft rules set out six aspects of debt quality management that banks will have to incorporate in their systems, as part of efforts to prevent risks.
January 29, 2021 -
488China
PBOC, CBIRC Restrict Online Sale of Deposit Products by Banks
The PBOC and CBIRC have formally barred banks from selling personal fixed deposit products online via third party platforms, citing regulatory violations.
January 19, 2021
