Asia Regulatory and Policy Committee Content

On December 4, 2023, the Financial Stability Board (FSB) published Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities.

On December 6, 2023, the Monetary Authority of Singapore (MAS) finalized the voluntary code of conduct for ESG ratings and data providers. Consistent with the consultation draft released in June 2023, the code of conduct largely aligns with the recommendations of the International...

On October 31, 2023, the Securities and Futures Commission (SFC) announced its support for developing a voluntary code of conduct for ESG ratings and data providers in Hong Kong. An industry-led working group, the Hong Kong ESG Ratings and Data Product Providers Voluntary Code of...

On October 31, 2023, the Chinese government concluded its two-day Central Financial Work Conference, a twice-a-decade meeting that sets out the high-level policy directions for the financial sector over the next five years.

On October 18, 2023, the Monetary Authority of Singapore (MAS) launched a consultation on proposed guidelines on transition planning for asset managers, along with two separate proposed guidelines for banks and insurers. Building on MAS' existing supervisory guidelines on...

ICI Global has filed comments with the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) regarding their recent Consultations on liquidity risk management in open-ended funds (OEFs). This memorandum summarizes ICI Global's comments.

On July 26, 2023, ICI Global—together with the Asia Securities Industry and Financial Markets Association's Asset Management Group (ASIFMA AMG), the European Fund and Asset Management Association (EFAMA), and the Securities Industry and Financial Markets Association's Asset Management...

On August 21, 2023, ICI submitted a response to the Financial Stability Board's consultation, Enhancing Third-Party Risk Management and Oversight.

ICI Global submitted the attached response to the Monetary Authority of Singapore (MAS) proposed code of conduct for ESG ratings and data providers.

On August 9, 2023, President Biden signed Executive Order 14105, titled Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern (Executive Order), which directed the US Secretary of the Treasury to develop and establish a US...