Deloitte’s China arm was fined a record CNY 212 million for "serious" deficiencies in its audit work for China Huarong Asset Management between 2014 and 2019.
March 20, 2023DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.
February 3, 2023Celsius, now in bankruptcy, used customer funds to prop up the price of its own token for years, including to allow insiders to cash out.
February 2, 2023Trading platform arrangements should contain information about trading protocols, counterparty name disclosure, prioritisation, use of last look, and trade dispute resolution.
June 30, 2022Credit 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, 2022Banks are asked to provide financing support for government highway projects and optimise the repayment arrangements for such projects.
April 28, 2022Banks are asked to support acquisitions of property development projects by healthy real estate companies, including by providing direct loans and facilitating bond issuance.
December 22, 2021Banks are instructed to review their concentration of real estate lending business and strengthen risk controls and post-loan management.
December 13, 2021Banks are asked to strengthen risk management in supply chain finance transactions through industry research, risk monitoring, and new technologies.
November 23, 2021The CBIRC identified issues with shareholder behaviour, related party transactions, risk management systems, and internal audit, among other areas.
November 16, 2021