The CFTC intends to hold any voting member of the Ooki DAO individually liable for violations of the Commodity Exchange Act and CFTC regulations.
Unlisted business trusts will have to obtain and maintain information on the beneficial owners of units, and provide this information to authorities upon request.
NPCI and Oman's central bank will study the possibility of connecting the UPI and RuPay card systems used in India with similar systems in Oman.
The stabilisation fund will be worth a reported $7bn and be used to inject money in the local stock market if it continues to fall.
The FMA offers guidance for reporting entities on their obligations under the FMC Act to keep proper accounting records.
The draft amendments specify the disclosures securities investment trust funds must make in their prospectuses if they are ESG-themed.
AMCs are already required to authenticate mutual fund redemption transactions. The requirement is being extended to include subscription transactions.
The latest update highlights progress to implement the Basel III standards from APAC jurisdictions including Australia, Indonesia, Japan and China.
The report says banks need to improve communication and support provided to local communities when regional branches close or their hours are reduced.
New Zealand, Australia, Taiwan and Singapore received the best ML/TF risk scores among APAC jurisdictions in the latest Basel AML Index.