Market Infrastructure

SEBI Provides Relief on Deadlines for Cybersecurity Measures

01/01/2025

SEBI said it won’t impose penalties for non-compliance for three months provided REs can demonstrate progress with implementation.

Sanctions

US Sanctions Billionaire Founder of Georgia’s Ruling Party

31/12/2024

The US said Bidzina Ivanishvili and the Georgian Dream party have “eroded democratic institutions” and “enabled human rights abuses”

AML / KYC

PNG Agencies Launch New Anti-Money Laundering Task Force

31/12/2024

The task force is described as a “crucial step” in PNG’s efforts to combat financial crime and avoid being placed on the FATF’s grey list.

Enforcement

Singapore: Hin Leong Founder OK Lim and Children Declared Bankrupt

31/12/2024

OK Lim was sentenced last month to serve 17.5 years in jail for orchestrating one of Singapore’s biggest-ever trade financing frauds.

Enforcement

SFC Fines Ever-Long Securities for IPO Sponsor Failures

30/12/2024

The SFC said Ever-Long Securities failed to perform appropriate due diligence and make complete disclosures in a GEM listing application.

Enforcement

Japan FSA Identifies Two More Safe Deposit Box Thefts

30/12/2024

There are now three cases of employees embezzling customer assets from safe deposit boxes at financial institutions.

Securities / Derivatives

Japan FSA to Establish New Asset Management Division

30/12/2024

The FSA aims to develop the asset management industry as the fourth financial industry pillar alongside banking, securities, and insurance.

Market Infrastructure

SFC, HKMA Issue Revised Derivatives Reporting Guidance

30/12/2024

Revised FAQs and Supplementary Reporting Instructions have been issued to reflect changes taking effect on 29 September 2025.

Sanctions

Russia Already Using Bitcoin in Foreign Trade Transactions – Reports

30/12/2024

Russian Finance Minister said bitcoin  is already being used in foreign trade transactions as part of a new “experimental regime”.