Best Practice
Best Practice | 26 Jul 16
Singapore regulator vows tougher action after 1MDB scandal
Lapses in anti-money laundering and other scandals have “made a dent” in Singapore’s reputation as a “clear and trusted financial centre”, said Ravi Menon, managing director of the Monetary Authority of Singapore (Mas).
Best Practice | 25 Jul 16
Damning BHS report highlights need for DB pension reform
The collapse of British department store group BHS was due largely to “systematic plunder” by its former owners, but raises ongoing concerns over the future of company pension schemes which need to be tackled soon, according to a UK parliamentary inquiry.
Best Practice | 21 Jul 16
Hong Kong gains pace with regulatory shifts
Mark Christal, chief executive officer of Hong Kong for Old Mutual International, part of Old Mutual Wealth, on the shifting sands of Hong Kong’s regulatory landscape, its impact on all participants in financial services within the region, and the challenges facing product providers, advisers and end clients.
Best Practice | 21 Jul 16
Australia pushes ahead with plans for degree qualified advisers
The Australian government has reaffirmed plans to set up an industry body aimed at lifting the professional standards of financial advisers, confirming that all new advisers must have a university degree.
Best Practice | 20 Jul 16
South African regulator confirms RDR shelved until next year
South African regulator, the Financial Services Board (FSB), has confirmed that the first phase of the upcoming Retail Distribution Review (RDR), due to be implemented this month, has now been postponed until next year.