The incident has forced firms to manually process derivatives trades. Ransomware gang Lockbit has threatened to publish stolen data unless a ransom is paid.
The register has so far established that various billionaire businessmen, political donors, criminals, and sanctioned individuals own UK property through offshore jurisdictions.
Adani Group's share sale successfully closed in the face of fraud allegations, but the conglomerate decided not to proceed. SEBI is looking for irregularities.
The framework will require crypto exchanges to define token listing standards, strengthen rules for intermediaries and custodians, and introduce a crypto market abuse regime.
The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
Failure to prevent fraud, false accounting, and money laundering will become new corporate criminal offences in the UK.
Short seller Hindenburg Research says the Adani Group engaged in stock price manipulation and accounting fraud over the course of decades.
Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.
New report by World Economic Forum and Accenture finds that 73% of business leaders think regulations are effective in reducing cyber risks.
Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.