Securities / Derivatives

ICE and EEX Expand Offerings in Japan’s Energy Market

13/12/2024

ICE has added Japanese power futures to its product suite while EEX said it will launch Japanese power monthly options in February.

AML / KYC

Google and Swift Collaborate to Combat Payments Fraud

13/12/2024

The initiative follows a successful pilot with financial institutions across Europe, North America, Asia and the Middle East.

AML / KYC

AUSTRAC Gifts TAIPAN Technology System to PNG’s FIU

12/12/2024

AUSTRAC has now delivered TAIPAN to ten FIUs across the Pacific, enabling them to identify suspicious financial patterns indicative of illicit activity.

ESG / Sustainability

APRA Publishes Details on Insurance Climate Vulnerability Assessment

11/12/2024

APRA said the insurance CVA will model insurance affordability at Australia’s five largest general insurers based on three climate scenarios.

Enforcement

US SEC Fines Morgan Stanley Smith Barney Over Theft of Client Funds

11/12/2024

The SEC said the firm failed to prevent four financial advisors from misappropriating nearly $10mn of client funds.

Enforcement

US Regulator Places Google Payment Corp Under Supervision

11/12/2024

Google Payment Corp says the consumer complaints cited by the CFPB are based on a discontinued service that no longer poses a risk.

Enforcement

US Lawmakers Allege Widespread Abuse of BSA for Surveillance

11/12/2024

The lawmakers say the government access to the private financial data of US citizens is “widespread and virtually unchecked”.

ESG / Sustainability

Goldman Sachs Withdraws from Net-Zero Banking Alliance

11/12/2024

The bank said it will continue to advance its net zero goals and that its priorities remain to help clients achieve their sustainability goals.

Crypto / Digital Assets

FDIC Blocked Banks from Servicing Crypto Firms Throughout 2022

10/12/2024

Coinbase obtained FDIC letters showing that the regulator prevented banks from engaging in crypto-related activities throughout 2022.