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AML / KYC
Belgian Court Clears Extradition of Mehul Choksi to India
By Nithya Subramanian | 26/10/2025
An appellate court approved India’s request to extradite Mehul Choksi, who is wanted in connection with $1.54 billion fraud at Punjab National Bank.

Capital / Liquidity
France Presses EU for Third Delay to FRTB Rules - Report
By Editors | 24/10/2025
France argues that the current 2027 timeline creates an unfair disadvantage against US rivals, where the implementation date remains unclear.

Sanctions
US, EU Broaden Russia Sanctions, Targeting Energy and Finance
By Manesh Samtani | 24/10/2025
New measures target Russian oil giants Rosneft and Lukoil, with specific designations for Chinese oil refineries and a Hong Kong-based oil trader.

Fintech / Regtech
EU Risk Board Recommends Prohibiting Cross-Border Stablecoin Schemes
By Manesh Samtani | 22/10/2025
The ESRB has called for a halt to schemes involving non-EU stablecoin issuers, citing significant financial stability and contagion risks.

Sanctions
China Imposes Export Curbs Following Dutch Takeover of Chipmaker
By Manesh Samtani | 16/10/2025
The Dutch government invoked a national security law to take control of the Chinese-owned chipmaker, prompting Beijing to block exports.

Securities / Derivatives
ESMA Finalises Key Reforms for EU Move to T+1 Settlement
By Manesh Samtani | 15/10/2025
The proposals mandate new deadlines for trade allocations, automated CSD functions, and enhanced reporting, with a phased implementation leading to October 2027.

Trending
Sibos: Europe's T+1 Shift to Poses Significant Challenges for APAC
By Manesh Samtani | 07/10/2025
Industry leaders at Sibos 2025 warned that the complex shift requires immediate, industry-wide preparation, especially from the buy-side.

ESG / Sustainability
UNEP FI Updates Climate Target-Setting Guidance for Banks
By Sanday Chongo Kabange | 06/10/2025
The updated guidance expands scope to include capital markets activities and recommends that banks publish transition plans within 12 months of setting targets.

Securities / Derivatives
ECB Engages Banks on Capital Rules Amid Indian CCP Dispute - Report
By Nithya Subramanian | 30/09/2025
The banks have suggested routing trades through Indian lenders to circumvent direct dealings with CCIL, while ECB works on a “joint approach” with Indian regulators to resolve the dispute.

Sanctions
UN Sanctions on Iran Reimposed, Targeting Banking and Assets
By Manesh Samtani | 29/09/2025
"Snapback" triggered by European powers restores asset freezes and financial restrictions; China and Russia dispute the move's legality.
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