ADVERTISEMENT
Europe
AML / KYC
UK FCA Directs FIs to Review Treatment of PEPs
By Editors | 19/07/2024
The FCA has also issued a new consultation proposing changes to its guidance on the treatment of PEPs to ensure they are not treated unfairly.
Securities / Derivatives
UK FCA Finalises New Access Regime for Overseas Funds
By Editors | 19/07/2024
The UK will offer a streamlined process for non-UK domiciled funds to market to UK retail customers, based on an equivalence determination by the government.
Enforcement
Switzerland Has Pursued 56 Cases Involving Russia Sanctions Violations
By Editors | 19/07/2024
Out of 56 administrative penal proceedings, 26 were dropped, 15 resulted in penalties, and the others remain under investigation.
Market Infrastructure
ESMA Consults on MiFID II Order Execution Policies
By Editors | 17/07/2024
The consultation seeks input on draft technical standards for how investment firms establish and assess the effectiveness of their order execution policies.
Sanctions
EU Sanctions Five Israeli Individuals and Three Entities
By Editors | 17/07/2024
The sanctions were imposed under the EU’s Global Human Rights Sanctions Regime for human rights abuses against Palestinians.
Market Infrastructure
UK FCA Finalises Guidance for New Derivatives Reporting Framework
By Editors | 17/07/2024
The FCA finalised Q&As and validation rules to support implementation of the new framework from 30 September 2024.
Sanctions
Czech Republic Convicts Local Resident for Sanctions Violation
By Editors | 15/07/2024
A Czech national of Russian origin tried to export three luxury cars to Russia, which has been prohibited since March 2022.
EU Seeking to Prevent Sanctions Evasion via Vietnam, Malaysia
By Editors | 15/07/2024
EU sanctions envoy David O’Sullivan said China is a “growing problem” as a circumvention hub, but Vietnam and Malaysia are among the next priorities.
Crypto / Digital Assets
Lithuania Fines Crypto Firm Payeer for Sanctions, AML Breaches
By Editors | 14/07/2024
Lithuanian authorities said Payeer offered services to Russian customers and allowed them to carry out transactions with sanctioned banks.
Market Infrastructure
UK to Introduce New Listing Regime from 29 July
By Manesh Samtani | 12/07/2024
The new regime will merge the ‘premium’ and ‘standard’ listing segments and allow founders to exert greater control of their companies.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team