Trading & Investment

NSE IFSC-SGX Connect to Fully Launch on 3 July

18/04/2023

SGX will migrate all open positions in SGX Nifty to the relevant NSE IFSC NIFTY contracts during the weekend of 30 June.

Anti-Bribery & Corruption

Chinese Court Sentences Ex-CDB Exec to 10 Years Jail

18/04/2023

The court found that Fu Xiaodong accepted bribes over 13 years while serving in senior positions at the China Development Bank.

Cryptocurrency

NYDFS Issues Final Rule on Bitlicense Assessment Fees

18/04/2023

Crypto firms with a Bitlicense will be billed five times each fiscal year, in part based on their size and complexity.

Payments & Settlements

Malaysia SC to Launch New Online Payment Platform

18/04/2023

The platform will enable an easier online payment process for regulatory, registration and application fees paid to the SC.

KYC & CDD

GDF Consults on Wolfsberg-style DDQ for VASPs

18/04/2023

The questionnaire is intended for use by VASPs and other financial institutions including banks for onboarding VASPs.

KYC & CDD

GLEIF Maps LEIs to Records in OpenCorporates Database

18/04/2023

The mapping exercise will ensure the “highest quality reference data” is quickly and easily available to all, said GLEIF CEO Stephan Wolf.

Anti-Bribery & Corruption

Wolfsberg Group Issues Anti-Bribery & Corruption Guidance

18/04/2023

The Guidance is to help FIs develop and implement compliance programmes to prevent, detect, and report acts of bribery and corruption.

Fraud, Scams & Cybercrime

Australia Saw 80pc YoY Jump in Scam Losses in 2022

18/04/2023

Australians lost more to scams than ever before in 2022. Losses per victim rose by more than 50% to an average of almost A$20,000.

Cryptocurrency

US SEC Charges Crypto Firm Bittrex for Not Registering

18/04/2023

The SEC identified six Bittrex-listed crypto tokens as securities and said the company should have registered as a broker, exchange, and clearing agency.