Market Infrastructure

AFME Announces Establishment of T+1 Industry Taskforce

02/03/2023

The task force will assess whether Europe should follow the US and other jurisdictions in moving to shorter settlement cycles.

Crypto / Digital Assets

Korea FSS is Investigating Crypto Staking Services – Reports

02/03/2023

The FSS has asked at least three crypto exchanges for data related to crypto staking services.

Securities / Derivatives

HKEX to Finalise New Listing Regime This Month – Reports

02/03/2023

Listing rule amendments designed to attract specialist tech firms to list in Hong Kong are expected to be finalised this month.

Hong Kong Appoints Ex-Regulators to HKEX Board

02/03/2023

Former HKMA chief Joseph Yam and ex-SFC chairman Carlson Tong have been appointed as board directors for HKEX.

Market Infrastructure

CPMI Consults on Harmonisation Requirements for ISO 20022

02/03/2023

CPMI is seeking feedback on technical harmonisation requirements for the use of ISO 20022 messages in cross-border payments.

Crypto / Digital Assets

Korea to Address Phishing Scams Targeting Crypto Assets

01/03/2023

Planned legislative changes will include crypto-related phishing scams under the existing law on telecommunications-based financial fraud.

AML / KYC

Abu Dhabi State Funds to Pay $1.8b Settlement to 1MDB

01/03/2023

Executives at the two Abu Dhabi funds facilitated the theft of billions of dollars from 1MDB. The settlement ends proceedings in the UK.

Crypto / Digital Assets

AIMA Publishes New Due Diligence Questionnaires for Digital Assets

01/03/2023

The DDQs are primarily designed for investors to evaluate investment and operational risks associated with allocations to digital asset investment funds.

Market Infrastructure

ANNA Completes Implementation of Revised ISO Standard for ISINs

01/03/2023

National Numbering Agencies must now formally report LEIs, CFIs and FISNs to the ANNA Service Bureau, which will increase data coverage and quality.