All posts tagged "trustees"
-
299FeatureHKMA Proposes New Code of Practice for Banks’ Trust Companies
The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.
July 13, 2020 -
272IndiaSEBI Provides Exit Route for Franklin Templeton Investors
Franklin Templeton will be allowed to list units of its six shuttered mutual funds on stock exchanges, providing an alternate exit route to investors whose money is trapped.
May 21, 2020 -
1.4KContributed ArticleA Focus on Governance, Stewardship, and Engagement
Boards must prioritise and assess culture as a strategic asset, and develop an appreciation for how it may lead to behaviour with material consequences, says Siew Kai Choy.
April 21, 2020 -
587FeatureSFC Steps Up Scrutiny of Fund Industry Amid Recent Volatility
The SFC reminds managers, trustees, custodians and intermediaries of funds to look out for clients interests amid "unprecedented volatility across asset classes".
March 27, 2020 -
375Australia & NZAustralia: FAR Extension Out of Step with Royal Commission Proposals
The proposed extension of the Financial Accountability Regime to ASIC-regulated firms could potentially affect 53,000 small businesses, says former ASIC official Pamela Hanrahan.
March 5, 2020 -
393Australia & NZAPRA, ASIC Welcome Reforms on Superannuation Regulation
ASIC will be focused on conduct issues involving superannuation trustees, while APRA will be focused on prudential supervision of trustee activities.
February 17, 2020 -
305Australia & NZ
ASIC Asks Superannuation Trustees to Improve Member Communications
ASIC's review of communications material from 12 superannuation funds found that some trustees are not always sufficiently focused on their members’ needs.
February 14, 2020 -
296Australia & NZAustralia Drafts Laws on 22 Royal Commission Recommendations
The draft legislation is aimed at enhancing protections for consumers and small businesses, and strengthening the role of ASIC and APRA.
February 3, 2020 -
441Australia & NZNAB Units Face Class Action for Mismanaged Superannuation
The case will focus on NAB's alleged failure to transfer A$6.3mn of accrued default amounts to MySuper in a timely fashion, as required by law.
January 27, 2020 -
567Securities & TradingSGX RegCo Launches Review of Regulatory Framework for Retail Bonds
The working group tasked with recommending changes to the framework comprises representatives from the Securities Investors Association Singapore, DBS, OCBC, and UOB, among others.
January 2, 2020
