All posts tagged "subsidiaries"
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931AML / KYCScreening Financial Instruments for Investment-related Sanctions Risk
Refinitiv identified over 190,000 financial instruments relevant to the US investment ban against Non-SDN Chinese Military-Industrial Complex Companies as of 28 July.
August 26, 2021 -
320FeatureDTCC Urges Readiness for MAS Derivatives Reporting Requirements
Finance companies, subsidiaries of banks in Singapore, insurers and CMS licence holders will come into scope for reporting from 1 October.
August 13, 2021 -
253Australia & NZAPRA Releases Final Prudential Standard on Capital Adequacy
CET1 capital may not have unusual features that could undermine its role as the highest quality loss-absorbing capital. The final APS 111 takes effect from 1 January 2022.
August 6, 2021 -
117ChinaCBIRC Orders Trust Companies to Divest Non-financial Subsidiaries
Trust companies can retain just one non-financial subsidiary whose business covers investment management or asset management. The remaining subsidiaries must be liquidated.
August 5, 2021 -
206Capital RegulationBCBS to Amend Process for Reviewing G-SIB Methodology
The BCBS plans to replace the existing three-year review cycle of the assessment methodology with a process of ongoing monitoring and review.
July 21, 2021 -
216Capital RegulationCSRC Proposes New Rules for Subsidiaries of Futures Companies
CNY 300 million in net capital will be required for a futures company to establish a subsidiary. The activities of overseas subsidiaries will be restricted.
July 18, 2021 -
215ChinaCSRC Includes Carbon Emissions in Revised Disclosure Rules
Listed companies are required to disclose carbon emissions and environmental impacts, and voluntarily disclose measures to reduce carbon emissions.
July 3, 2021 -
155Big PictureJapan’s Amended Banking Act to Have Limited Impact: Fitch
The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.
June 30, 2021 -
326JapanJapan to Remove Firewall Between Banking, Securities Operations
The FSA is reportedly working on rule changes that would allow banks and securities firms within the same group to share customer data.
June 5, 2021 -
239ChinaUS Postpones Investment Ban on ‘Chinese Military Companies’
The two-week delay is needed to craft a stronger policy to prohibit trades in companies connected to the Chinese military, including to evaluate the companies on the list.
May 20, 2021
