United States

    AML / KYC

    Western Leaders Pledge to Remove Russian Banks from SWIFT

    By Manesh Samtani | 28/02/2022

    Western leaders have committed to removing “selected Russian banks” from the SWIFT financial messaging system to harm their ability to operate globally.

    Securities / Derivatives

    US SEC Proposes New Rule to Increase Short Selling Transparency

    By Editors | 28/02/2022

    Institutional investment managers will have to report information relating to short positions to the SEC on a monthly basis. The data will be aggregated and made available to the public.

    AML / KYC

    BitMEX Founders Agree Settlement for US AML Violations

    By Editors | 28/02/2022

    Arthur Hayes and Benjamin Delo have pleaded guilty to breaching AML laws and agreed to pay a USD 10 million fine each.

    Securities / Derivatives

    US Fed Approves New Trading Rules for Senior Officials

    By Sanday Chongo Kabange | 27/02/2022

    The rules aim to support public confidence in the impartiality and integrity of the FOMC’s work by guarding against “even the appearance of any conflict of interest”.

    AML / KYC

    Russia Facing Comprehensive Sanctions Over Ukraine Invasion

    By Manesh Samtani | 25/02/2022

    The US is targeting all ten of Russia’s largest financial institutions. Russian access to most major markets has been restricted.

    Fintech / Regtech

    ICE Makes ‘Strategic Investment’ in Digital Securities Platform tZero

    By Editors | 24/02/2022

    tZERO operates a digital marketplace for unique private assets, public equities, cryptocurrencies, and other digital assets, including NFTs.

    AML / KYC

    Ex-Goldman Exec Alleges BNM Was Involved in 1MDB Graft

    By Editors | 24/02/2022

    Tim Leissner said BNM approved a USD 1 billion overnight transfer out of 1MDB but that he could not independently verify whether a bribe was paid.

    Securities / Derivatives

    SET Revises Rules to Encourage Listings by Foreign Firms

    By Editors | 24/02/2022

    Foreign companies will now only have to retain financial advisors for 1 year after listing and the quiet period of strategic shareholders has been shortened to 1.5 years.

    Securities / Derivatives

    SEBI to Enhance Disclosures on IPOs by Loss-making Tech Firms

    By Ranamita Chakraborty | 23/02/2022

    SEBI proposes that new age technology companies be required to disclose all presentations made to pre-IPO investors during the three years prior to the IPO.

    AML / KYC

    US, EU, UK, Japan Announce Sanctions Against Russia

    By Manesh Samtani | 22/02/2022

    Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.

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