United States

    Trading & Investment

    CME Group to be Recommended as SOFR Term Rate Administrator

    By Editors | 24/05/2021

    A recommended SOFR term rate is now in clear sight, said Tom Wipf, ARRC Chairman and Vice Chairman of Institutional Securities at Morgan Stanley.

    Anti-Money Laundering

    US Treasury Paper Outlines Proposal for New Tax Reporting Regime

    By Sanday Chongo Kabange | 24/05/2021

    The paper proposes that transfers involving crypto assets worth more than USD 10,000 be reported to the IRS under the new reporting regime.

    Conduct, Culture & Accountability

    SEC Penalises S&P Dow Jones Indices for Disclosure Failure

    By Ranamita Chakraborty | 22/05/2021

    The SEC settled charges against S&P DJI for the dissemination of stale index values which resulted from an undisclosed quality control feature.

    Sustainable Finance

    Thailand SEC Issues Rules for Sustainability-Linked Bond Issuance

    By Sanday Chongo Kabange | 21/05/2021

    To help promote the issuance and offering of sustainability-linked bonds, the SEC will waive application and registration fees until 31 May 2022.

    Structural Regulation

    SET Amends Listing Rules to Introduce Market Cap Test

    By Sanday Chongo Kabange | 20/05/2021

    The listing rule changes will enable companies in target sectors to more easily access funding from Thailand’s capital market.

    PEPs & Sanctions

    US Postpones Investment Ban on ‘Chinese Military Companies’

    By Editors | 20/05/2021

    The two-week delay is needed to craft a stronger policy to prohibit trades in companies connected to the Chinese military, including to evaluate the companies on the list.

    Supervision & Enforcement

    US DOJ Repatriates $460m of Seized 1MDB Funds to Malaysia

    By Editors | 16/05/2021

    Seized and repatriated 1MDB funds are being utilised to repay and service 1MDB and SRC’s debts, which remain above $10.2billion.

    Structural Regulation

    PCAOB Proposes Framework for HFCAA Determinations

    By Editors | 16/05/2021

    The PCAOB will use the proposed framework to determine when it is unable to carry out inspections of overseas audit firms of US-listed companies.

    Anti-Money Laundering

    US DOJ Penalises Swiss Life for Facilitating Tax Evasion

    By Editors | 16/05/2021

    Swiss Life and its subsdiaries created and marketed insurance products specially designed for US persons seeking to hide offshore assets and evade tax.

    Trading & Investment

    SEC Thailand Issues Guidelines for Distressed Bond Funds

    By Editors | 13/05/2021

    Only institutional and ultra-HNW investors will be allowed to invest in distressed bond funds, which will be non-redeemable but have a maturity date prescribed.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.