A Hong Kong money changer and two directors were fined for operating a money service business before their licence application was approved.
March 10, 2023ASX will write off about A$250mn in capitalised software, in response to an independent review by Accenture. ASIC and the RBA express disappointment.
November 17, 2022The rules are aimed at helping market entities understand the professional competence of individual firms so they can choose their auditor.
October 29, 2022US persons may request a specific licence from OFAC to complete transactions involving sanctioned crypto mixer Tornado Cash.
September 19, 2022The SME-focused Judo Bank is the only neobank in Australia which continues to run independently after listing on the ASX last year.
June 30, 2022The US Treasury Department allowed its sanctions exemption for Russian payments to US bondholders to expire.
May 27, 2022A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.
March 18, 2022Citigroup reportedly plans to also apply for a futures licence in China in the coming months.
December 6, 2021The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
September 21, 2021The SFC has approved three new Deutsche Bank hires who can act as IPO sponsor principals, after its licence was suspended in July due to a staffing gap.
September 3, 2021