The special inspections will reportedly involve 75 banks in 30 cities, scrutinising all aspects of property-related loans, as regulators seek to rein in risk.
July 24, 2019All newly approved brokerages since 2008 have been joint ventures between domestic and foreign investors. But market access should also be broadened to domestic investors, the CSRC says.
July 8, 2019At an FSB workshop on compensation practices, banks reported an increased focus on conduct risk, management accountability and culture reform.
March 12, 2019Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.
February 7, 2019Policymakers should reduce the gap between national regulations and global standards, and adopt a risk-based framework for the recognition of comparable regulatory regimes.
January 31, 2019With the SFC's FMCC compliance deadline about one month away, fund managers need to have key components in place, says Cordium's Derek McGibney.
October 12, 2018At the Refinitiv Pan Asian Regulatory Summit, HKMA's Carmen Chu discussed how technology and cooperation with authorities contributes to a safe and clean financial centre.
October 11, 2018The technology provides HKEX with a single point-of-entry for risk management across its markets and enables CCPs more efficient operations and regulatory compliance.
October 10, 2018Firms must report OTC derivatives transactions in commodities and equities to a licensed trade repository; DTCC welcomes the MAS' move to improve transparency and reduce risk.
October 2, 2018Inaugural financial stability report focuses on impact of higher interest rates and weakening EM currencies on outstanding debt. It also looks at potential financial stability implications from fintech and ASEAN integration.
August 30, 2018