Allen & Overy and international banking group Standard Chartered have today launched the first Guide to Payment Regulations for corporates and fintech customers navigating the evolving payments landscape in eight key markets...more
9/6/2023
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Banking Sector ,
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China ,
Financial Institutions ,
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FinTech ,
Hong Kong ,
India ,
Malaysia ,
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Payment Terms ,
Regulatory Agenda ,
Regulatory Requirements ,
Singapore ,
South Korea ,
Taiwan ,
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UK
The Monetary Authority of Singapore (MAS) has issued a Consultation Paper on Proposals to Mandate Reference Checks. -
All financial institutions and entities regulated by the MAS are proposed to be required to carry out...more
The Monetary Authority of Singapore (MAS) has proposed allowing foreign head offices and other branch offices (collectively, foreign branches) of financial institutions in Singapore (Singapore FIs) to provide cross-border...more
Singapore has issued a consultation paper on a proposed green taxonomy that will, to a large extent, be aligned with the EU’s Regulation EU 2020/852 on the establishment of a framework to facilitate sustainable investment (EU...more
The Hong Kong government recently announced that the insurance group-wide supervision framework (GWS framework) will commence on 29 March 2021. The GWS framework will be implemented via the Insurance (Amendment) (No. 2)...more
Banks, asset managers and insurers have 18 months to introduce and implement environmental risk management practices in accordance with new Guidelines on Environmental Risk Management. The Guidelines were issued by the...more
The MAS is proposing to require financial institutions to clearly identify and delineate the responsibilities of senior management and of employees in material risk functions. The proposed "Guidelines on Individual...more