United States

AML / KYC

US Treasury, DOJ Launch Global Task Force to Target Russian Assets

By Manesh Samtani | 17/03/2022

FinCEN is meanwhile taking steps to boost cooperation with the FIUs of Australia, Canada, France, Germany, Italy, Japan, New Zealand, the UK , and the Netherlands.

Securities / Derivatives

China to Concede to US Regulators on Audit Supervision Issue

By Mark Johnston | 17/03/2022

Chinese regulators plan to allow some companies to provide some audit information to the PCAOB, and provide additional clarity on what information can and cannot be disclosed overseas.

Crypto / Digital Assets

US Treasury Forms Educational Subgroup on Digital Assets

By Editors | 16/03/2022

The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.

Crypto / Digital Assets

Thai SEC Revises Definitions for Institutional, HNW Investors

By Editors | 16/03/2022

Institutional investors will include those with the ability to analyse and absorb risks in complex and high-risk products, such as VC and PE firms, investment analysts, and company directors.

Securities / Derivatives

US Bill Targets Private Securities Offerings by Chinese Firms

By Nick Morgan | 14/03/2022

Private US securities offerings by China-based companies could become subject to the same scrutiny as publicly traded securities, says Nick Morgan.

Fintech / Regtech

Thailand to Offer Tax Exemptions on Crypto Trades

By Editors | 14/03/2022

Traders will be allowed to offset annual losses against crypto gains for taxes purposes. Crypto trades will also be exempt from a 7 percent VAT.

AML / KYC

G7 to Downgrade Russia Trade Status, Close Sanctions Loopholes

By Editors | 13/03/2022

US bans more Russian trade. G7 pledges to close national-level loopholes that could enable sanctions evasion via crypto-assets, among other commitments.

Market Infrastructure

UPDATED – US LIBOR Legislation Advances in Omnibus Bill

By Editors | 11/03/2022

The bill is based on legislation that passed the House in December, and is similar to a law enacted by New York state and others in the past year.

AML / KYC

BIS Suspends Russian Central Bank as UK Adds More Sanctions

By Manesh Samtani | 11/03/2022

UK adds seven names to its sanctions list. Goldman and JPMorgan to close Russian operations. Russia to nationalise assets of foreign companies.