All posts tagged "trustees"
-
57IndiaRBI Orders Banks to Report Data on Borrower Relationships
The RBI said it has observed "a low level of relationship segment details" in the databases of credit information companies.
October 27, 2021 -
151Asia-PacificBSP Introduces Stricter Penalty Framework for FIs
Monetary penalties have increased from PHP 30,000 to a maximum PHP 1 million for each violation. Fines up to three times profit gained or loss avoided can also be imposed.
September 14, 2021 -
129Australia & NZASIC Offer Guidance on New Complaints Handling Obligations
ASIC says more work is needed from superannuation trustees to comply with new internal dispute resolution standards that become enforceable in October.
September 3, 2021 -
314Australia & NZ13 Super Funds Fail APRA’s First Performance Test
If the failing super funds do not improve in next year's test they will have to transfer their members to funds that deliver better outcomes.
August 31, 2021 -
142Australia & NZAustralia Issues Consultation on Retirement Income Covenant
Superannuation trustees will be required to have in place a retirement income strategy as outlined in a new position paper from 1 July 2022.
July 21, 2021 -
139Australia & NZ
APRA, ASIC Call on Super Trustees to Police Advice Fees
Trustees should have in place processes and a robust assurance framework to ensure fee deductions from superannuation accounts are appropriate.
July 7, 2021 -
113IndiaSEBI Updates Rules for Centralised Corporate Bond Database
The updated rules aim to further streamline the centralised database and provide further ease of access of information for investors.
June 11, 2021 -
259Australia & NZ
APRA Targets Risk Culture in Superannuation Sector
APRA is piloting a risk culture survey with plans to roll it out to a number of superannuation entities in 2022.
June 1, 2021 -
952AML / KYCHong Kong to Bar Retail Investors from Crypto Trading
Hong Kong’s FSTB has issued consultation conclusions on the new licensing regime for VASPs and a new registration regime for precious metals dealers.
May 24, 2021 -
200Australia & NZAPRA Mulls Changes to Super Fund Rules on Spending, Investing
APRA is considering rules that could limit super fund spending on advertising and memberships, as well as changes to the prudential standard on investment governance.
May 20, 2021
