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SINGAPORE: Singapore Exchange Ltd (SGX) said on Friday it had split the role of its regulatory and risk chief officer, a move that follows a penny stock crash that raised questions about the firm's regulatory abilities.
PARIS: Top bankers and policymakers from around the world will search for ways to kick-start Europe's economy and seek clarity on regulatory changes at this week's conference of the financial industry's global trade body.
PETALING JAYA: OCBC Bank (Malaysia) Bhd is setting out on a regulatory sandbox testing of a secure chat banking mobile application for a period of one year, after obtaining approval from Bank Negara last month.
PUTRAJAYA: The Ministry of Finance (MOF) has started to implement the National Regulatory Sandbox Initiative which involves the creation of a brain-storming group from regulators and selected industry players to enable innovators to test their solutions or products in a conducive environment.
KUALA LUMPUR: Malaysia’s capital markets regulatory framework presently meets “best in class” international standards according to the International Monetary Fund, Prime Minister Datuk Seri Najib Tun Razak said.
NEW YORK: Wells Fargo & Co, already in the regulatory spotlight because of last year’s fake-account scandal, is drawing renewed scrutiny after a lawyer’s unauthorized release of sensitive client details for tens of thousands of accounts belonging to wealthy customers of its brokerage unit.
KUALA LUMPUR: A new proposal is being considered whereby chief financial officers (CFOs) in Malaysia’s public interest entities will need to register with a proposed new regulatory body to further improve the sector’s professionalism.
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Tenaga Nasional as the regulatory risk from sector reform seems to be low, as the power giant will likely maintain its monopoly in the transmission & distribution segments.
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Tenaga Nasional Bhd (TNB) as the regulatory risk from the energy sector reform seems to be low, as the power giant will likely maintain its monopoly in the transmission and distribution segments.