Europe

Structural Regulation

US CFTC Extends Reporting Relief for Foreign Swaps Dealers

By Editors | 29/06/2025

The CFTC has again extended swap reporting relief for foreign dealers, replacing a fixed 2025 deadline with an indefinite timeframe.

PEPs & Sanctions

UK’s OFSI Warns Art and High Value Dealers of Sanctions Risks

By Nithya Subramanian | 20/06/2025

OFSI says it is “highly likely” that many high-value assets held in the UK by sanctioned persons have not yet been reported by art market participants and high-value dealers.

Payments & Settlements

PBOC Signs MOU to Establish Yuan Clearing System in Turkey

By Editors | 19/06/2025

The MOU allows the PBOC to authorise designated commercial lenders to carry out yuan clearing services in Turkey, serving local financial institutions, businesses, and individual customers.

Tokenisation

DTIF Urges Malaysia SC to Adopt DTI Standard for Tokenised Products

By Sanday Chongo Kabange | 18/06/2025

The DTI Foundation said the use of the ISO 24165 DTI standard in disclosures will enhance investor protection and market integrity.

PEPs & Sanctions

Australia, UK, EU and Canada Tighten Sanctions on Russia

By Manesh Samtani | 18/06/2025

The allies are targeting Russia’s energy revenues and sanctions evasion, while the US resists further action.

Climate Risk

Tensions Flare Over US Climate Stance at FSB Meeting – Report

By Manesh Samtani | 18/06/2025

Disagreement over the urgency of climate-related financial risks sparked heated debate among global regulators in Madrid.

Anti-Money Laundering

FATF Approves New Transparency Standards for Cross-Border Payments

By Manesh Samtani | 16/06/2025

The plenary also endorsed updated financial inclusion guidance to address the issue of ‘de-risking’ and agreed to publish several other reports.

Anti-Money Laundering

UK Freezes Properties Tied to Former Bangladeshi Minister

By Nithya Subramanian | 16/06/2025

The UK has frozen more than 300 properties linked to Bangladesh’s former land minister, including a high-end residence in North London.

Structural Regulation

UK Regulators Told to Learn from Singapore’s Pro-Business Model

By Thisanka Siripala | 16/06/2025

A House of Lords committee said Singapore’s faster approvals and pro-business culture should guide UK reforms to enhance competitiveness and growth.