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Fintech / Regtech
EU Establishes New Office to Implement AI Act
By Mark Johnston | 23/02/2024
The AI Office will be responsible for implementing the AI Act and fostering a trustworthy AI ecosystem in the EU.

Crypto / Digital Assets
The Future of Securities Tokenisation and Crypto Regulation
By Hannah Cassidy | 22/02/2024
With crypto currencies and assets firmly lodged in the public mind, regulators need to lay guardrails to facilitate innovation and combat misbehaviour.

Sanctions
EU Approves 13th Package of Sanctions Against Russia
By Editors | 22/02/2024
The new sanctions package includes trade restrictions on Chinese and Indian companies for the first time.

Sanctions
UK Imposes First Sanctions Over Death of Alexei Navalny
By Editors | 22/02/2024
Sanctions were imposed against six individuals who oversaw the prison camp where Navalny was held leading up to his death.

Capital / Liquidity
EU Adopts New Rules to Enhance Market Data Access
By Mark Johnston | 22/02/2024
The amendments to MiFIR and MiFID II will enable the establishment of EU-wide consolidated tapes and ban payment for order flow.

EU Removes Four Jurisdictions from Tax Blacklist
By Mark Johnston | 22/02/2024
Hong Kong was also removed from the EU’s state-of-play document for making further improvements to its tax policies.

Crypto / Digital Assets
UK Seeking to Introduce Stablecoin, Staking Rules Within Six Months
By Mark Johnston | 21/02/2024
The UK government is “pushing very hard” to enact the new rules as soon as possible, Economic Secretary Bim Afolami said.

Sanctions
HSBC Wins Approval to Sell Russian Unit to Expobank
By Editors | 21/02/2024
HSBC announced in June 2022 that it had struck a deal to sell its Russian unit, but it has taken until now for approval from Vladimir Putin.

Crypto / Digital Assets
Cybercrime Group LockBit Has Been Dismantled
By Manesh Samtani | 21/02/2024
Law enforcement from ten countries have disrupted the criminal operation of the LockBit ransomware group.

Sanctions
EU Allows Humanitarian Exception in Terrorism Sanctions Regime
By Editors | 20/02/2024
The decision comes after the EU established a dedicated framework in January to allow it to target Hamas and PIJ facilitators with sanctions.
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