Sanctions

EU Imposes New Restrictive Measures Against Belarus

01/07/2024

The measures mirror several of the restrictive measures already in place against Russia to address circumvention.

Market Infrastructure

EU Legislatoes Agree on MiFIR, MiFID II Revisions

30/06/2024

The revisions will establish EU-level ‘consolidated tapes’ for different kinds of assets, and impose a general ban on ‘payment for order flow’.

Securities / Derivatives

Abaxx Launches LNG, Carbon Futures Trading in Singapore

29/06/2024

The new commodity futures contracts will provide market participants with new price discovery and risk management tools, Abaxx said.

Chinese Regulators to Enhance Consumer Rights Protection

29/06/2024

The NFRA will  establish a mechanism with the PBOC and CSRC to coordinate the work of financial consumer rights protection.

AML / KYC

SEBI Seeking to Ease Access to Sovereign Bonds for FPIs

28/06/2024

SEBI is looking to eliminate many of its information requirements, such as disclosure of investor group and beneficial ownership.

Enforcement

Federal Court Orders Ferratum Australia to Pay A$16m

28/06/2024

The Court found that Ferratum’s non-compliance arose from its Finland-based parent company’s lack of attention to Australian regulatory requirements

Securities / Derivatives

SEBI Raises Threshold Limit for Basic Demat Accounts

28/06/2024

The higher threshold is aimed at encouraging small investors to trade in the stock market and ensure their financial inclusion.

Switzerland, US to Strengthen Information Exchange Under FATCA

28/06/2024

The US will receive tax information from Switzerland automatically, and Switzerland will also be able to receive information from the US.

Sanctions

Canada Issues New Sanctions Over Settler Violence in West Bank

28/06/2024

Seven individuals and five entities were sanctioned for facilitating acts of violence by Israeli extremist settlers against Palestinians.