Jurisdictions

HSBC was added to a list that will requires state governmental entities in Texas to divest from all of the bank's publicly traded securities within 360 days.

The contract, developed in partnership with FTSE Russell and Digital Asset Research, will launch on 17 April 2023.

Following a review of ESG benchmarks, the FCA warned that poor-quality disclosures about methodologies and thresholds could contribute to greenwashing.

The quick reference guides are intended to encourage more family offices and private equity businesses to operate in Hong Kong.

Under the US tax code, collectibles are subject to a 28% capital gains tax rate, compared to 20% for stocks, bonds and cryptocurrencies.

Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.

UMW Corp and Maybank will be early adopters of the platform, which was developed by Bursa Malaysia in collaboration with LSEG.

Tron founder Justin Sun sold unregistered securities to US investors, manipulated TRX and BTT markets, and paid celebrities to tout the offerings without disclosing their compensation.

The sanctions were imposed for human rights abuses and violations as well as the production and supply of drones to Russia.

Circle is seeking to be able to hold USD reserves with the Fed rather than with various financial partners. In the long run, a wholesale CBDC could be used.