Crypto / Digital Assets

US SEC Directs Issuers to Detail Exposures to Crypto and Related Impacts

13/12/2022

Separately, US senators asked banking regulators to provide details on banks that have engaged in crypto-related services.

Crypto / Digital Assets

EU Commission Proposes New Tax Transparency Rules for Crypto

13/12/2022

New requirements to report crypto-asset, e-money and digital currency transactions are expected to enter into force on 1 January 2026.

ESG / Sustainability

Malaysia SC Issues Principles-based SRI Taxonomy

13/12/2022

The SRI Taxonomy provides universal guiding principles for the classification of economic activities that qualify for sustainable investment.

ESG / Sustainability

Bursa Malaysia Launches ESG Themed Index Futures Contract

13/12/2022

The new futures contract is based on the FTSE4Good Bursa Malaysia Index and available to global investors via CME Globex.

AML / KYC

SFC Announces 20 March 2023 Launch Date for HKIDR

13/12/2022

The SFC has decided to “provide more time for the industry’s preparation” and has announced a 20 March 2023 launch date for the HKIDR.

Crypto / Digital Assets

FTX Japan Authorised to Continue Operating to Repay Customers

13/12/2022

The FSA had ordered FTX Japan to suspend business operations by 9 December. The extension until 9 March 2023 will allow it to return funds to users.

AML / KYC

ASIC Commences Proceedings Against Star Entertainment Execs

13/12/2022

ASIC says Star board members and key executives breached their duties by failing to address known money laundering risks.

AML / KYC

Chinese Police Arrest 63 Members of Crypto Money Laundering Gang

13/12/2022

The gang is estimated to have laundered up to CNY 12 billion for both domestic and foreign criminal groups using cryptocurrency.

Enforcement

EU Commission Accuses Two Banks of Cartel Conduct

12/12/2022

Deutsche Bank and Rabobank traders allegedly exchanged commercially sensitive information and coordinated pricing and trading strategies on government bonds.