Clearing & Post-Trade

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.

Cryptocurrency

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.

Structural Regulation

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.

Structural Regulation

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.

Payments & Settlements

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.

Fraud, Scams & Cybercrime

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.

Anti-Bribery & Corruption

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.

Custody & Infrastructure

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 Data & Technology

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.