Sanctions

FinCEN Hosts US Banks for Discussion on Russian Export Controls Evasion

23/11/2023

Readout from FinCEN forum includes a list of guidance documents to help financial institutions detect and report transactions related to suspected export controls evasion.

BIS Launches New Data Portal for All Statistics

23/11/2023

Users can access the BIS Data Portal at any time to check global or country-specific statistics to inform their analysis.

Crypto / Digital Assets

New Zealand Crypto Firm Launches NZD Stablecoin

23/11/2023

Easy Crypto and Labrys said the NZDD will be backed 1:1 with cash in trust and regulated by the FMA.

Sanctions

UK, South Korea to Cooperate on North Korea Sanctions Patrols

23/11/2023

Agreement calls for greater naval cooperation to detect and thwart violations of UN sanctions off the coast of North Korea.

Capital / Liquidity

Taiwan to Defer Implementation of Basel III Standards

22/11/2023

Implementation will be deferred to 1 January 2025 in light of other countries also postponing implementation.

Crypto / Digital Assets

KoFIU Outlines Expectations for VASPs Facing Business Closure

22/11/2023

VASPs planning to terminate their services should give users at least one month notice and ensure users’ assets are protected.

Securities / Derivatives

HKEX Introduces Reforms to Allow IPO “Double Dipping”

22/11/2023

The reforms allow existing shareholders and cornerstone investors of a listing applicant to subscribe for or purchase further securities.

Securities / Derivatives

TAIFEX Partners CME Group, Nasdaq to Launch Semiconductor Futures

22/11/2023

New contract will make TAIFEX the only non-US exchange to list futures for four major US equity indexes.

Crypto / Digital Assets

ICMA Offers Analysis of Risk Disclosures Used to Issue DLT-based Bonds

22/11/2023

The analysis identifies additional risk factors that feature in bond offering documents to address risks specific to the use of DLT.