Anti-Money Laundering

US Secures Extradition of Former Crypto Exchange Operator

09/08/2022

Alexander Vinnik is alleged to have laundered more than $4bn through a crypto exchange he operated known as BTC-e until it was shut down in 2017.

Clearing & Post-Trade

CPMI-IOSCO Explores How CCPs Address Non-default Losses

08/08/2022

New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.

Clearing & Post-Trade

HKEX Launches Compression Service for OTC Derivatives

08/08/2022

OTC Clear’s multilateral compression service was introduced on Monday in cooperation with TriOptima.

Payments & Settlements

NZBA Announces Expansion to Regional Banking Hubs Trial

08/08/2022

The first four hubs were opened in November 2020. The second phase of the regional banking hubs trial will see four more hubs open.

CBDCs

Thailand: BOT Sets Out Next Steps to Pilot Retail CBDC

08/08/2022

The next phase of retail CBDC testing will involve Bank of Ayudhya, Siam Commercial Bank, payments provider 2C2P, and technology from Giesecke+Devrient.

Trading & Investment

HKEX Launches First A-Share Index Derivative Warrants

08/08/2022

HKEX launched of MSCI China A50 Connect Index Derivatives Warrants from four issuers – BNP Paribas, Goldman Sachs, JP Morgan, and Morgan Stanley.

PEPs & Sanctions

China Sanctions Pelosi, Halts US Cooperation on Crime, Climate

08/08/2022

China sanctioned US House Speaker Nancy Pelosi and her immediate family over her visit to Taiwan, and will suspend cooperation with the US in a number of areas.

Operational Risk

MAS Sets Out Expectations on Third Party Risk Management 

08/08/2022

MAS conducted thematic inspections on the operational risk management standards and practices of selected banks, with a focus on third party risk management.

Cryptocurrency

BlackRock, Coinbase Partner on Crypto Trading Services

08/08/2022

Connectivity will be established between BlackRock’s investment management platform Aladdin and Coinbase’s integrated trading platform Coinbase Prime.