Europe

AML / KYC

From Russia in Haste

By ESG Investor | 06/04/2022

The response of corporates and investors to the invasion of Ukraine suggests both need to overhaul their due diligence processes.

Market Infrastructure

UK Regulators to Review LME’s Handling of Nickel Disruption

By Editors | 05/04/2022

The FCA will review LME’s approach to managing the suspension and resumption of the nickel market, while the BOE will review LME Clear.

Fintech / Regtech

EU Lawmakers Vote to Adopt KYC Rules for Unhosted Crypto Wallets

By Darien Choong | 04/04/2022

The European Parliament voted to adopt requirements for crypto firms to gather and verify personally identifiable information of users of unhosted crypto wallets.

Fintech / Regtech

FCA Allows Crypto Firms to Continue Under Temporary Registration

By Editors | 03/04/2022

Though the deadline has passed, six cryptoasset firms with temporary registration can still continue to operate under temporary registration.

AML / KYC

US Designates Russian Tech Firms for Enabling Sanctions Evasion

By Manesh Samtani | 03/04/2022

US sanctions 21 entities and 13 individuals. EU to propose new measures this week. Australia applies 35% export tariff.

Securities / Derivatives

SGX, UK Partner to Fund New SDG-Aligned Issuers

By Editors | 03/04/2022

SGX and MOBILIST will partner to support new issuers of securities aligned with the SDGs by deploying equity capital and other forms of assistance.

Market Infrastructure

Japan, EU Enhance Framework on Regulatory Cooperation

By Mark Johnston | 02/04/2022

The adoption of the regulatory cooperation framework follows the signing of an amended MoC by Japan’s FSA and ESMA.

Market Infrastructure

SSE, SZSE Issue Rules to Expand Stock Connect to Europe

By Editors | 29/03/2022

UK, Swiss and German listed companies can issue CDRs in China if they have a market cap of at least $3.14bn and a listing history of at least three years.

Securities / Derivatives

LME Doubles Default Fund Size Amid Metals Volatility

By Editors | 27/03/2022

The default fund size will increase to from $1.1bn to $2.075bn, adding to financial strains experienced by brokers, traders and banks.