Securities / Derivatives

Taiwan Revises Incentive Programme for Foreign Fund Managers

08/04/2024

The revisions will encourage foreign fund managers to develop more diversified fund products and provide a boost to talent development and training initiatives.

Fintech / Regtech

FSC Korea Establishes “Future Response Finance Taskforce”

08/04/2024

The taskforce will work to address financial industry challenges associated with demographic changes, climate change, and technological advancements.

ESG / Sustainability

Thai SEC Allows SMEs, Startups to Issue Sustainable Debt

08/04/2024

SMEs and startups are now allowed to offer sustainable debt instruments through crowdfunding and private placement channels.

Enforcement

US Court Sets Jan 2026 for Huawei Sanctions Evasion Trial

08/04/2024

The trial date was set as a placeholder after settlement negotiations between the DOJ and Huawei ended in an impasse.

Capital / Liquidity

PBOC Establishes Re-lending Facility to Support Tech Innovation

08/04/2024

The CNY 500 billion facility will be used to support sci-tech innovation, technical transformation and equipment renewal.

AML / KYC

US, China Secure New Agreement to Cooperate on AML

07/04/2024

Janet Yellen said the US and China will share best practices and provide updates on the actions being taken to close loopholes.

Sanctions

Japan Adds 164 More Items to Russia Export Ban List

07/04/2024

The new export restrictions and a new diamond import ban will take effect from 17 April and 10 May, respectively.

Crypto / Digital Assets

Australian Firm Seeks to List Spot Bitcoin ETF on Cboe

06/04/2024

The “Monochrome Bitcoin ETF”, if approved, will become Australia’s first spot bitcoin ETF with direct bitcoin holdings.

Enforcement

US Jury Finds Terraform Labs, Do Kwon Liable for Fraud

06/04/2024

Terraform Labs and founder Do Kwon deceived investors about its algorithmic stablecoin UST, a jury found after a nine-day trial.