Europe

Crypto / Digital Assets

Europol Issues Recommendations on Crypto-related Money Laundering

By Sanday Chongo Kabange | 08/12/2022

Europol recommends close cooperation between enforcement bodies and crypto providers to curb associated crime and money laundering.

Market Infrastructure

Clearstream to Open Up Access to Korea Treasury Bonds

By Editors | 08/12/2022

The move comes after Korea passed a bill exempting non-residents and foreign corporations from having to pay income and capital gains tax on government bonds.

Enforcement

Swiss Competition Commission Opens Probe Into 34 Banks

By Editors | 07/12/2022

The banks regularly exchanged information about the salaries of certain categories of employees, potentially breaching Switzerland’s antitrust law.

AML / KYC

International Operation Targeting Money Mules Yields 2,500 Arrests

By Editors | 07/12/2022

The operation involved law enforcement agencies in 25 countries including Singapore and Australia, supported by Europol, Eurojust, INTERPOL and the EBF.

Crypto / Digital Assets

HashKey, SEBA Form Partnership to Drive Digital Assets Adoption

By Editors | 06/12/2022

The groups will collaborate to accelerate the institutional adoption of digital assets in Hong Kong and Switzerland.

Market Infrastructure

LME Defends March Decision to Cancel Nickel Trades

By Mark Johnston | 05/12/2022

The LME said a dozen of its members would have defaulted if it did not cancel the nickel trades in March 2022.

Securities / Derivatives

Euroclear to Link Global Investors to Korea Treasury Bonds

By Editors | 05/12/2022

Euroclear Bank and Korea Securities Depository will collaborate to provide international investors post trade access to Korea treasury bonds and monetary stabilisation bonds.

Enforcement

UK Regulator Fines Barclays Over Non Transparent Card Fees

By Editors | 04/12/2022

Barclays was fined by the PSR for failing to give retailers full information about the costs of its card services for three years.

AML / KYC

G7 Powers Set to Implement Oil Price Cap on Russian Crude

By Editors | 04/12/2022

EU ban on seaborne crude oil imports from Russia to take effect. G7 oil price cap will only insurers to cover vessels carrying Russian crude sold under USD 60.