Capital / Liquidity

New Zealand Announces Reforms to Improve Access to Loans

24/04/2024

The government will revoke the affordability regulations introduced in 2021 and improve dispute resolution, among other measures.

Securities / Derivatives

ASX Seeks Feedback on Potential Move to T+1 Settlement Cycle

24/04/2024

ASX is seeking industry feedback on the impacts of transitioning from T+2 to T+1 settlement in Australia.

Sanctions

Venezuela’s PDVSA to Hasten Move to USDT to Mitigate Sanctions

24/04/2024

USDT issuer Tether said in response that it respects the SDN list and will block payments made to sanctioned entities.

Sanctions

OFAC Unveils New Sanctions Against Iranian Cyber Actors

24/04/2024

Two entities and four individuals were sanctioned for the roles in targeting US entities with ransomware, spear phishing and malware attacks.

Market Infrastructure

G7 Nations Complete Joint Cyber Coordination Exercise

24/04/2024

The exercise assumed a large-scale cyber attack on financial market infrastructures and entities in all G7 jurisdictions

Capital / Liquidity

New Zealand FMA Issues Liquidity Risk Management Guide

24/04/2024

The new guide emphasises the importance of effective liquidity risk management at “all stages of fund management”.

Capital / Liquidity

PBOC May Start Participating in Treasury Bond Market – Reports

24/04/2024

PBOC may start buying and selling government bonds as a way to manage financial system liquidity and monetary policy.

Fintech / Regtech

PBOC Issues Draft Implementation Rules for New Payments Regulations

24/04/2024

Non-bank payment institutions will be allowed to transition to the new regulations depending on the validity of their existing licences, which can be up to five years.

Sanctions

JPMorgan Sues Russia’s VTB Over Blocked Funds – Report

23/04/2024

JPMorgan said VTB Bank has filed a lawsuit in Russia that may enable it to seize the US bank’s assets abroad.