10/11/2021
Indonesia regulator sets up sustainable finance task force
Other regulators in the region have also been taking steps to bolster sustainable finance and environmental, social and governance practices.
Legal, Regulation & Compliance
10/11/2021
Green and Sustainable Finance Cross-Agency Steering Group supports Hong Kong’s Climate Action Plan 2050
Hong Kong will continue to consolidate its position as the green finance hub for Asia and the Mainland including the Guangdong-Hong Kong-Macao Greater Bay Area to connect international investors and the Mainland markets.
10/11/2021
Rates Unchanged, But Gradual Liquidity Withdrawal
Global central banks across the world have indicated taper over the last month.
10/08/2021
APRA increases banks’ loan serviceability expectations to counter rising risks in home lending
APRA Chair Wayne Byres said this is a targeted and judicious action designed to reinforce the stability of the financial system.
10/08/2021
Hong Kong to scrap MPF offsetting scheme, plans new measures
She also said the government will facilitate MPF investments in China’s government and policy bonds, again without offering details.
10/08/2021
China's Fintech Crackdown Not Over Yet
China's once-flourishing fintech industry has been hit by a wave of regulation. State authorities forced Jack Ma's Ant Group to cancel its much-awaited initial public offering last fall, and peer-to-peer lending, once booming in in the country,
10/08/2021
Credit licensees required to meet new breach reporting obligations from 1 October 2021
Breach reporting reforms for Australian financial services (AFS) licensees and credit licensees commenced on 1 October.
10/08/2021
Westpac accredited as data recipient under Open Banking
"We are pleased the ACCC has approved Westpac as an Accredited Data Recipient under the Consumer Data Right."
10/08/2021
Real estate finance - Post COVID-19 trends across the globe
The asset classes which remain a favourite with lenders are beds, sheds, meds, and watts.
10/07/2021
FATF - Consolidated assessment ratings
FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice
10/06/2021
Deloitte takes top honours at human resources awards
The firm was lauded for establishing a number of innovative initiatives, including its personalised learning platform, Cura, and MyBenefits, a one-stop-shop for all exclusive Deloitte benefits.
10/06/2021
A legal perspective on DDO
Simply by publishing TMDs to the Iress Blockchain, you automatically meet your first regulatory obligation, and at no cost.
10/06/2021
ASIC provides relief for companies in external administration
The deferral relief commences when a voluntary administrator or provisional liquidator, or a managing controller over substantially the whole of the property of the company, is appointed.
10/06/2021
Sydney labour hire director disqualified from managing corporations for five years
Mr Champley is disqualified from managing corporations until 16 September 2026.
10/06/2021
ASIC provides relief for companies in external administration
The deferral relief commences when a voluntary administrator or provisional liquidator, or a managing controller over substantially the whole of the property of the company, is appointed.
10/06/2021
Passing the Golden Thread Through the Eye of a Needle - Observations on Recent Approach as Between Hong Kong and Offshore Jurisdictions
The application of such a power has resonated with similar common law jurisdictions globally.
10/05/2021
Technical Whitepaper on Retail Central Bank Digital Currency
This Whitepaper is the first among similar papers published by central banks to unveil a technical architecture that includes a ground breaking privacy preservation arrangement that allows transaction traceability in a privacy-amicable manner.
10/05/2021
SFC sets out standards for operational resilience and remote working arrangements
“Disruptions are unavoidable and it is crucial for intermediaries to have in place a proper framework to prepare for, adapt and respond to disruptive incidents and to ensure continued operational resilience,”
10/01/2021
Financial advice becoming ‘recognised’ as a profession: FASEA
“Because of the approved degrees it is being promoted as another profession, like accounting, like law, which is fantastic and encouraging.”
10/01/2021
October kicks off regulatory reform for advisers
The Australian Securities and Investment Commission said it would take a “reasonable approach” to the early stages of reforms.