Sanctions

US Sanctions 3 Entities, 11 Vessels Over Iran’s ‘Nuclear Escalations’

01/07/2024

US Secretary of State Antony Blinken said Iran’s plans to further expand its nuclear programme “have no credible peaceful purpose”.

Securities / Derivatives

Japan: More Investors Sue MUFG Unit Over Credit Suisse AT1 Losses

01/07/2024

The lawsuit brings the number of plaintiffs in similar cases against Mitsubishi UFJ Morgan Stanley Securities to over 100.

Sanctions

EU Imposes New Restrictive Measures Against Belarus

01/07/2024

The measures mirror several of the restrictive measures already in place against Russia to address circumvention.

Market Infrastructure

EU Legislatoes Agree on MiFIR, MiFID II Revisions

30/06/2024

The revisions will establish EU-level ‘consolidated tapes’ for different kinds of assets, and impose a general ban on ‘payment for order flow’.

Securities / Derivatives

Abaxx Launches LNG, Carbon Futures Trading in Singapore

29/06/2024

The new commodity futures contracts will provide market participants with new price discovery and risk management tools, Abaxx said.

Chinese Regulators to Enhance Consumer Rights Protection

29/06/2024

The NFRA will  establish a mechanism with the PBOC and CSRC to coordinate the work of financial consumer rights protection.

AML / KYC

SEBI Seeking to Ease Access to Sovereign Bonds for FPIs

28/06/2024

SEBI is looking to eliminate many of its information requirements, such as disclosure of investor group and beneficial ownership.

Enforcement

Federal Court Orders Ferratum Australia to Pay A$16m

28/06/2024

The Court found that Ferratum’s non-compliance arose from its Finland-based parent company’s lack of attention to Australian regulatory requirements

Securities / Derivatives

SEBI Raises Threshold Limit for Basic Demat Accounts

28/06/2024

The higher threshold is aimed at encouraging small investors to trade in the stock market and ensure their financial inclusion.