Sanctions

US Adds 11 Entities to Entity List, Including 6 Chinese Firms

12/04/2024

One of the entities was “working as a part of a network” with three Russian firms to procure aerospace components for Iran.

Securities / Derivatives

SFC Reviewing HKEX Proposal to Enhance Clearing Flexibility

12/04/2024

HKEX enhanced its third party clearing arrangements for futures trades in 2022. A proposal submitted to the SFC would do the same for stock and options trades.

Crypto / Digital Assets

Consumers Value Privacy Over Safety When Considering a CBDC: RBA

12/04/2024

Consumers attach no value to the added safety of a CBDC, or the fact that it would be issued by the RBA, as bank deposits are already considered safe.

Securities / Derivatives

Shanghai Imposes Trading Limits on Gold, Copper, Crude Oil

12/04/2024

The limits on gold and copper futures contracts are being imposed in response to sharp price rallies by both metals.

Securities / Derivatives

Industry Collaborates to Test Digital Regulatory Reporting

12/04/2024

The first phase of the collaboration between DTCC and REGnosys will test the ISDA DRR for derivatives reporting in Japan and the EU.

Sanctions

Sanctions Against Two Russians “Not Justified”, EU Court Rules

12/04/2024

The court ruled that there wasn’t enough evidence to include Russian billionaires Mikhail Fridman and Petr Aven on the EU sanctions list.

Securities / Derivatives

Taiwan to Require Firms to Incorporate ESG in Internal Control Systems

12/04/2024

Listed companies and securities and futures firms will have until January 2025 to adjust their internal control and audit systems.

Crypto / Digital Assets

US SEC Warns Crypto Firm Uniswap of Impending Lawsuit

11/04/2024

Uniswap said it received a Wells notice from the SEC focusing on whether the tokens it offers are securities, which the company denies.

ESG / Sustainability

China Issues New Guidelines to Boost Green Development

11/04/2024

Authorities will introduce carbon accounting standards for FIs, expand the scope of entities that can trade the carbon market, and increase credit support for green projects.