Sanctions

US, UK Impose Human Rights Sanctions Against Georgian Officials

21/12/2024

The sanctions were imposed over a violent crackdown by Georgia’s government against protestors, opposition figures and members of the media

Crypto / Digital Assets

US SEC Fines Unit of Jump Trading Over TerraUSD Collapse

21/12/2024

The SEC said Tai Mo Shan Limited deceived the market about TerraUSD’s stability while purchasing the stablecoin to restore its peg.

Market Infrastructure

China Expands Cross-border FX Pilot for Multinational Companies

21/12/2024

The pilot programme launched in March 2021 is being extended to more provinces and the policies are being further streamlined.

Fintech / Regtech

Indonesia Launches NFC-based QRIS Tap Payments Trial

20/12/2024

The trial commenced to test contactless QRIS payments on transportation modes in Jakarta. Full implementation planned for Q1 2025

Sanctions

OFAC Announces Two New Settlements for Sanctions Violations

20/12/2024

An individual US person violated Magnitsky sanctions and a US manufacturer of musical instruments violated Iran sanctions.

Market Infrastructure

Australia Launches Tool to Enhance Visibility of Regulatory Change

20/12/2024

Treasurer Jim Chalmers said the Regulatory Initiatives Grid will help improve the sequencing and implementation of reforms

Securities / Derivatives

Abaxx to Launch Nickel Futures in Singapore on 10 Jan

20/12/2024

The futures contracts are designed to deliver better price discovery and risk management tools for market participants in nickel sulphate.

Securities / Derivatives

Japan FSA Forms Liaison Council to Promote Earlier Issuance of Annual Reports

20/12/2024

The FSA said the number of listed companies that issue securities reports before their AGMs is still currently limited.

Sanctions

US Announced Sanctions Targeting Nord Stream 2 Project

20/12/2024

The sanctions are intended to hinder any efforts to revive the project and limit Russia’s ability to generate energy revenues.