ADVERTISEMENT
Cryptocurrency
Senate Bill Would Grant CFTC Authority Over Bitcoin, Ether
By Manesh Samtani | 05/08/2022
The bill would amend the Commodity Exchange Act to include a new commodity category called “digital commodities” that includes Bitcoin and Ether.
Anti-Money Laundering
New York State Regulator Penalises Robinhood Crypto Unit
By Editors | 04/08/2022
Robinhood Crypto had inadequate staffing of its AML programme, transaction monitoring deficiencies, and noncompliant cybersecurity policies.
Fraud, Scams & Cybercrime
US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme
By Editors | 04/08/2022
Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors.
Structural Regulation
China Responds to US ‘Treachery’ With Taiwan Trade Curbs
By Editors | 04/08/2022
China has banned imports of citrus fruit, two types of fish, and food items from 107 Taiwanese brands. Exports of natural sand to Taiwan are banned.
Structural Regulation
Thai SEC Proposes Rules to Prevent Misuse of IPO Channel
By Sanday Chongo Kabange | 03/08/2022
The amendments will prevent listed companies from operating as investment companies and circumventing rules applicable to fund managers.
Structural Regulation
US SEC Adds Alibaba to List of Firms Facing Delisting Threat
By Manesh Samtani | 03/08/2022
Chinese regulators have tried to mollify US regulators, but the PCAOB says it will accept nothing less than “full access” to the audit papers of US-listed Chinese companies.
PEPs & Sanctions
US Imposes New Round of Sanctions Against Russia
By Editors | 03/08/2022
The sanctions target Kremlin-connected elites, including retired Olympic gymnast Alina Kabaeva, who is understood to be Putin’s girlfriend.
Clearing & Post-Trade
Guidance Issued for US Transition to T+1 Securities Settlement
By Editors | 02/08/2022
DTCC, SIFMA and ICI have published guidance to help market participants prepare for the US transition to a T+1 securities settlement cycle in 2024.
Supervision & Enforcement
Banks Preparing to Pay Fines for Use of Messaging Apps
By Editors | 02/08/2022
US regulators are expected to announce penalties in the coming weeks over the use of unauthorised messaging apps for business communications.
Capital Adequacy
CFTC Proposes Capital Comparability Determination for Japan
By Editors | 02/08/2022
Nonbank swap dealers domiciled in Japan would be able to satisfy certain US capital and financial reporting requirements by complying with comparable requirements in Japan.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.