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Singapore Exchange divides role of regulatory, risk chief after penny stock crash
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.
Mustapa: Good regulatory practice vital for AEC
KUALA LUMPUR: The Malaysian government has made Good Regulatory Practice (GRP) a priority for the Asean Economic Community (AEC) to reflect the importance of having regional regulatory convergence.
World's bankers meet, pressing for clarity on regulatory change
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.
OCBC Malaysia to embark on regulatory sandbox testing for mobile app
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.
MoF implements national regulatory sandbox initiative
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.
PM: Capital markets regulatory framework in M'sia ‘best in class’
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.
Wells Fargo to get regulatory questions after data breach
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.
New regulatory body for chief financial officers proposed
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.
CGS-CIMB Research positive on Tenaga, regulatory risk low
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.
CGS-CIMB Research positive on TNB, sees regulatory risk as low
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.