AML / KYC

EBA’s New AML Database Set to Start Receiving Personal Data

05/05/2024

EuReCA was launched by the EBA in January 2022, but has so far not yet been able to collect personal data from EU supervisors.

Sanctions

UK Treasury Publishes Additional Guidance on Sanctions

05/05/2024

The FAQs cover specific sanctions regimes and countries, licensing, and the Russia oil services ban, among other areas.

Sanctions

UK Issues Further Sanctions Over Settler Violence in West Bank

05/05/2024

The UK sanctioned two groups and four individuals for violence against Palestinians in the West Bank.

Securities / Derivatives

UK Consults on Guidance for New Derivatives Reporting Rules

04/05/2024

The consultation seeks feedback on new Q&As and corresponding changes to the UK EMIR validation rules, which take effect from 30 September.

Crypto / Digital Assets

Inclusion of DTI in Reporting a ‘Milestone’ for Transparency: DTIF

04/05/2024

The introduction of the Digital Token Identifier as an underlier to the UPI and OTC ISIN will bring greater transparency to the crypto derivatives market.

AML / KYC

Tether to Start Monitoring Secondary Market for USDT

04/05/2024

Through a partnership with Chainalysis, Tether will provide sanctions monitoring, an illicit transfers detection tool, and analysis on major USDT holders.

Securities / Derivatives

CFTC May Revoke US Permissions to Trade TAIEX Futures

04/05/2024

TSMC has accounted for more than a 30 percent weighting in the TAIEX for 45 trading sessions in a row.

AML / KYC

New Zealand Regulators Issue Updated CDD Guidelines

03/05/2024

Updated guidelines on beneficial ownership, company CDD, and enhanced CDD. New guideline on CDD for limited partnerships.

Enforcement

Australian Court Rules in ASIC’s Favour in ‘Qoin Wallet’ Case

03/05/2024

The ruling is the first court outcome against a non-cash payment facility involving crypto, ASIC’s Joe Longo noted.