Securities / Derivatives

Tokyo Bourse to Start Using Letters in Stock Codes

14/12/2023

All TSE listed securities are represented by 4-digit numbers. From 1 January 2024, letters will be used in stock codes for new listings.

AML / KYC

EU Lawmakers Reach Agreement on AMLA Establishment

14/12/2023

Co-rapporteur Eva Maria Poptcheva said the new Anti-Money Laundering Authority will be a “game changer to crack down on dirty money in the EU”.

Crypto / Digital Assets

Japan: Expert Panel Calls for CBDC Preparations to Start

14/12/2023

A panel of experts said work should begin “without delay” on laying the legal groundwork for the issuance of a digital yen.

Sanctions

US and UK Announce New Round of Sanctions on Hamas Leadership

14/12/2023

The coordinated US and UK asset freezes and travel bans target Hamas leaders and financiers throughout the Middle East.

Enforcement

Crypto Exchange Pays OFAC USD 1.2 Million to Settle Crimea Violations

14/12/2023

US-based CoinList Markets processed 989 transactions on behalf of users in the Crimea region in violation of OFAC sanctions regulations.

ESG / Sustainability

COP28 Nations Agree to ‘Transition Away’ from Fossil Fuels

14/12/2023

The agreement calls on countries to transition away from fossil fuels in energy systems and boost renewable energy capacity and energy efficiency.

Market Infrastructure

RBNZ Returns to Single Mandate, Renewing Focus on Inflation

14/12/2023

The RBNZ was tasked with a dual mandate in 2018, targeting both low inflation and full employment. “This change was a mistake,” said Finance Minister Nicola Willis.

ESG / Sustainability

Taiwan Sets Requirements on Disclosure of Director Remuneration

13/12/2023

Financial holding companies, banks, securities firms and insurers will have to disclose director remuneration under specified conditions.

Enforcement

China NFRA to Apply More Discretion in Penalty Decisions

13/12/2023

The NFRA says it will strictly abide by the principles of legality, proportionality, and due process when handing out penalties to banks and insurers.