United States

Conduct, Culture & Accountability

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”.

PEPs & Sanctions

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.

Tokenisation

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.

Anti-Bribery & Corruption

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.

Structural Regulation

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.

Structural Regulation

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.

PEPs & Sanctions

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.

PEPs & Sanctions

US Imposes Sanctions Against ‘Breakaway’ Regions in Ukraine

By Editors | 22/02/2022

The sanctions come after Russian President Vladimir Putin signed a decree recognising two regions in eastern Ukraine as independent.

Structural Regulation

Philippine SEC Proposes Draft Rules For Umbrella Funds

By Sanday Chongo Kabange | 21/02/2022

Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.