Banks and insurers must incorporate consumer protection mechanisms into their corporate governance, culture-building exercises, and business development strategies.
January 5, 2023The new system can process more than 500,000 transactions per second in real-time. New issuance underwriting and offline IPO systems also launched.
January 3, 2023When coverage is provided, it is becoming more pricey and contains broad policy exclusions that would deny any FTX-related claims.
December 27, 2022The new portal provides inquiry services, listing assessment services, policy regulatory and information, and training for companies seeking an IPO.
December 27, 2022Higher systemic risk scores are driven by increased exposures to illiquid and difficult-to-value assets, OTC derivatives, repo transactions and other factors.
December 20, 2022CSRC penalises multiple securities firms. New evaluation system will lead to more intense supervision of firms with lower-quality investment banking practices.
December 4, 2022The new "customised countermeasures" are aimed at enabling actual buyers rather than speculators to obtain property loans from banks.
November 12, 2022The UN-convened Net Zero Insurance Alliance has launched a public consultation outlining a recommended approach to target-setting and reporting.
November 8, 2022The streamlined requirements will help lenders accelerate the adoption of advanced data analytics in credit underwriting.
October 28, 2022The services will initially allow online submissions of applications for two types of licenses. Full e-licensing services will launch in Q1 2023.
October 15, 2022