12/30/2021
Participating banks assessed their climate risk exposures under 3 scenarios: a physical risk scenario involving a worsening climate situation and 2 scenarios envisaging orderly and disorderly transitions to a low-emission economy.
12/30/2021
The commission fined CTBC Bank (中信銀行) NT$14 million, Bank SinoPac (永豐銀行) NT$4 million and Bank of Panhsin (板信銀行) NT$2 million, it said.
12/28/2021
The second round of inspections will be more comprehensive than the first found, amid concerns about improper mortgage approvals and an overheating property market.
12/28/2021
Upon approval, foreign investors are capped to total ownership of 30 percent – including 10 percent for any single investor – and they will also be prohibited from participating in management.
12/27/2021
Softbank was a backer of Greensill, which is at the center of a $10.1 billion fund blow-up at the Swiss bank.
12/26/2021
China's central bank has vowed to promote healthy development of the country's real estate market
12/24/2021
One-third of the VCCs are private equity and venture capital firms and 28% are independent asset managers and multi-family offices. The rest include hedge funds, traditional asset managers and others.
12/24/2021
ASIC reminds credit licensees that under section 31 of the National Credit Act they are prohibited from conducting business with unlicensed persons.
12/23/2021
“More importantly, this will bridge the regulatory gap between domestic and international offerings and allow local funds to remain competitive in the face of a rapidly evolving market environment,”
12/23/2021
The LRC’s Outcome Related Fee Structures for Arbitration Sub-committee issued its consultation paper in December 2020.
12/23/2021
All legitimate exchange traded bonds are purchased through licensed ASX brokers.
12/23/2021
ASIC notes that the use of the Australian Coat of Arms requires permission.
12/23/2021
The new SPAC rules were adopted expeditiously, concluded and implemented within just three months of a consultation review launched on 17 September 2021.
12/23/2021
The six priority agendas are synchronising exit strategies from the global pandemic to support recovery in developing countries, addressing the ‘scarring’ effect of the pandemic to secure future growth, payment systems in the digital era, sust
12/22/2021
A key reform under the Act is to give the Financial Services and Credit Panel (FSCP) its own statutory functions and powers.
12/22/2021
The Court also permanently restrained the companies from using certain words and phrases (such as ‘term deposit’ and ‘certainty’) in any future advertising.
12/22/2021
The Commonwealth Director of Public Prosecutions is prosecuting the matter following a referral from ASIC.
12/21/2021
Mr Furnell and Mr Summers have the right to appeal to the Administrative Appeals Tribunal for a review of ASIC’s decision.
12/21/2021
ASIC also found United Wealth Group failed to take reasonable steps to ensure its authorised representatives complied with financial services laws.
12/21/2021
Justice Kylie Downes found the Court could make orders to declare Mr King bankrupt based on the unpaid pecuniary penalty