United States

AML / KYC

Thailand to Require UBO Transparency in Bond Markets

By Editors | 14/04/2021

Non-residents who invest in debt securities in Thailand are required to open Segregated Securities Accounts with custodians at the UBO level.

Securities / Derivatives

Thailand SEC Amends Rules for Capital Market Auditors

By Sanday Chongo Kabange | 12/04/2021

The experience requirement for auditors in the capital markets has been reduced from a minimum of 10 years to seven years.

AML / KYC

SEC Thailand Allows Crypto Exchange Bitkub to Resume Services

By Editors | 12/04/2021

Bitkub has been allowed to resume accepting new clients. A warning was issued against Binance. Huobi was ordered to suspend services.

Market Infrastructure

Bloomberg Confirms BSBY Adheres to IOSCO Principles

By Editors | 11/04/2021

BSBY includes a term structure and systemic credit-sensitive spread, and can be used to supplement Term SOFR in the lending market.

Market Infrastructure

Shenzhen Stock Exchange Merges Main, SME Boards

By Sanday Chongo Kabange | 10/04/2021

The merger will enable companies to better leverage the capital market for growth and improve overall efficiency, the SZSE said.

Crypto / Digital Assets

Thailand SEC to Require Crypto Investors to Have Experience

By Sanday Chongo Kabange | 08/04/2021

Under the new regulations, cryptocurrency investors must have previous experience or training to prove their knowledge of cryptocurrency.

Enforcement

US Court Dismisses Collusion Case Against 10 Global Banks

By Sanday Chongo Kabange | 08/04/2021

The judge dismissed a case against 10 banks alleging manipulation of the US Treasuries market due to a lack of evidence of a conspiracy.

AML / KYC

Philippines Expands AML Rules to Financing, Lending Firms

By Ranamita Chakraborty | 08/04/2021

All financing and lending companies are required to register with the AMLC, report suspicious transactions and comply with other AML/CTF rules.

AML / KYC

FinCEN Consults on Beneficial Ownership Reporting Requirement

By Editors | 08/04/2021

FinCEN is asking for written comments on the implementation of the beneficial ownership information reporting of the Corporate Transparency Act.