Sanctions

US Announced Sanctions Targeting Nord Stream 2 Project

20/12/2024

The sanctions are intended to hinder any efforts to revive the project and limit Russia’s ability to generate energy revenues.

Securities / Derivatives

CUAM, Azimut to Cooperate on Establishing China-UAE ETF Link

20/12/2024

China Universal Asset Management and Azimut Group will work on launching an ETF Link between the SSE and ADX.

Market Infrastructure

JSCC Launches Margin Simulation Tool for JPY Interest Rate Swaps

19/12/2024

The margin simulation tool includes cross-margining functionality covering yen IRS, 10-year JGB Futures and TONA Futures.

Capital / Liquidity

FSB Proposes Recommendations to Address Leverage in NBFI

19/12/2024

The policy recommendations seek to address financial stability risks arising from leverage in non-bank financial institutions.

Enforcement

JSDA Fines Nomura Over JGB Futures Manipulation Case

19/12/2024

The FSA, OSE and TSE have each already penalised Nomura Securities for JGB futures manipulation by one of its traders in March 2021.

Sanctions

US Sanctions 7 Targets for Aiding Iranian UAV Development

19/12/2024

One of the sanctioned individuals supplied technology used by Iran to kill three US service members in Jordan earlier this year.

Capital / Liquidity

FDIC to Pursue Legal Action Against 17 Former SVB Executives

19/12/2024

Chairman Martin Gruenberg said the executives breached their duties by mismanaging Silicon Valley Bank’s securities portfolios.

Crypto / Digital Assets

ESMA Releases Last Batch of Policy Documents for MiCA

19/12/2024

The new package includes standards on preventing market abuse and guidelines on suitability and crypto-asset transfer services.

Sanctions

Europe Announces Measures to Counter Russian Shadow Fleet

19/12/2024

12 countries will work together to counter the shadow fleet by checking suspicious vessels for valid insurance documents.