Securities / Derivatives

CSRC Grants New Approval to Morgan Stanley Securities Unit

06/03/2024

The approval allows Morgan Stanley Securities (China) to engage in securities investment consulting and proprietary securities business.

Sanctions

BRICS Nations to Create Blockchain-based Payment System

05/03/2024

The move aimed at increasing the role of the BRICS in the international monetary system and reducing reliance on US dollars.

Crypto / Digital Assets

Deutsche Börse Launches Institutional Crypto Trading Platform

05/03/2024

Trading on the Deutsche Börse Digital Exchange will initially take place on an RfQ basis, followed by multilateral trading.

Enforcement

Coal Miner Challenges Australia Sanctions Regime in Court

05/03/2024

Tigers Realm Coal produces coal in Russia but does not directly export it. DFAT alleges breach of sanctions, which Tigers Realm has challenged.

Sanctions

UK Launches Inquiry to Assess Russia Sanctions Programme

05/03/2024

The inquiry will also explore the confiscation of frozen Russian assets and whether sanctions should cover buyers of Russian oil and gas.

Big Picture

BIS Explores Design Features of Fast Payment Systems

05/03/2024

New BIS article outlines the main design features of fast payment systems that may foster adoption, such as allowing non-bank participation.

Securities / Derivatives

Cambodia Inaugurates New Securities Investors Association

05/03/2024

The new association will provide training and represent the investors on matters such as legal protection and market development.

Sanctions

US Sanctions Zimbabwe’s President, Other Officials

05/03/2024

The sanctions were issued under the Magnitsky programme. The Zimbabwe Sanctions Regulations have been terminated.

Fintech / Regtech

Malaysia, Cambodia Agree to Link Payment Systems

05/03/2024

BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.