CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.
Tag : financial stability board
Hedge and PE funds could be considered systemically important financial institutions and have onerous capital requirements placed on them, suggests a new report by international watchdogs.
An American financial watchdog has been warned that classifying US asset managers as 'systemically important financial institutions' could seriously impair the growth of Asia's funds industry.