As reported earlier, the Ukrainian Parliament is now scrutinzing a draft law, which will replace the current general financial services framework (Draft Law). Back in March 2021, we assessed the key features of the revised regulatory regime. For this article, we will focus on one of the key topics specifically relevant for any financial institution (FI) – whether its activity may be viewed as a provision of services in a foreign jurisdiction (in our case in Ukraine) and thus, subject to local regulatory approval.
In common with other sectors of the economy, there is increasing commercial and competitive pressure from investors and those in positions of stewardship to favor green and sustainable investment. FIs also need to adopt high standards of transparency in the process. Read the key takeaways of the new installment of Finding Balance – Sustainability in Financial Institutions.
The Monetary Authority of Singapore (MAS) has recently revised its Technology Risk Management Guidelines 2021 (“TRM Guidelines”) after feedback from a 2019 public consultation and engaging with cyber security experts.
Our new episode of FInsight: Global Financial Institutions Industry Podcast is the first in a special series of Fintech-focused episodes. In this episode, we focus on trends, investments and M&A in the sector.
Our new episode of FInsight: Global Financial Institutions Industry Podcast focuses on the regulatory environment for financial institutions (FI) in China.
On a high level, there remains a lot of uncertainty around the region – the means and spread of any economic recovery, and what structural changes it will bring in the longer term.