Data Privacy

US Plans More Investment Curbs on China as France Bolsters Bilateral Ties

01/08/2023

Amid rising US-China tensions, Biden plans further tech investment curbs. Yet, France is fostering deeper economic cooperation with China.

Resolution & Recovery

FSB Report Addresses Challenges of Deploying Unallocated TLAC

01/08/2023

The report offers an analysis of the potential challenges associated with deploying uTLAC during periods of market-wide stress.

Fraud, Scams & Cybercrime

India Supreme Court Criticises Government for Not Addressing Crypto Crime

01/08/2023

India’s Supreme Court asked the government whether it can establish a “national specialised agency” to investigate crypto-related crimes.

Resolution & Recovery

RBNZ Consults on Implementation of Deposit Takers Act

31/07/2023

RBNZ proposes a framework for ensuring proportionality in its approach to setting prudential requirements. The consultation also covers how compensation scheme levies are set.

PEPs & Sanctions

EU Imposes New Russian Sanctions Targeting ‘Information Manipulation’

31/07/2023

Seven Russian individuals and five entities were sanctioned for conducting a digital information manipulation campaign.

PEPs & Sanctions

Helsinki Commission Calls for Sanctions Against Swiss Nationals

31/07/2023

Three Swiss nationals allegedly received bribes to release frozen funds linked to Russian officials implicated in the 2009 murder of Sergei Magnitsky.

Trading & Investment

NSE India Considers Extending Trading Hours

31/07/2023

NSE is considering extending trading hours to make it more convenient for office-goers to trade in the evening.

Anti-Money Laundering

US Senate Approves Defence Bill with Provisions Targeting Crypto Mixers

31/07/2023

The US Senate’s approval of the 2024 NDAA includes stringent provisions aimed at cryptocurrency mixers, marking a regulatory milestone.

Anti-Bribery & Corruption

PwC Entered into Confidential Settlement with ATO in March

31/07/2023

PwC entered into a confidential settlement with the Australian Tax Office in March, though details of the settlement remain undisclosed.