Market Data & Technology

CME Group Launches Beta Term €STR Reference Rates

05/12/2024

The beta reference rates are based on a waterfall methodology that builds on €STR futures and OTC swap market data.

Emerging Prudential Risks

FSB Plenary Meets in Hong Kong to Discuss Financial Stability Issues

05/12/2024

The Plenary reviewed policy work on climate-related financial risks, crypto-assets and global stablecoins, cross-border payments, and NBFI.

PEPs & Sanctions

China Responds to US Export Controls With Retaliatory Measures

04/12/2024

Exports of gallium, germanium, antimony and superhard materials to the US are banned. Graphite exports will be subject to stricter controls.

PEPs & Sanctions

OFAC Fines German Firm for Conspiracy to Violate Iran Sanctions

04/12/2024

OFAC said Aiotec GmbH conspired over four years to cause a US company to buy and ship an entire polypropylene plant from Australia to Iran.

Structural Regulation

New Rules for Foreign Strategic Investments Take Effect in China

04/12/2024

The new rules will make it easier for foreign investors, including natural persons, to make “strategic investments” in domestically listed companies.

Trading & Investment

Thai Stock Exchange Unveils New Three-year Strategic Roadmap

04/12/2024

The roadmap includes a value-creation platform for listed companies, extended trading hours for certain products, and a platform enabling retail access to government bonds.

Clearing & Post-Trade

ASX Proposes Changes to Default Management Rules

04/12/2024

ASX proposes amendments to enable ASX Clear to auction off a defaulted clearing participant’s cash and derivatives market positions.

Trading & Investment

TPEx to Launch Co-branded Indices With ICE Data Indices

04/12/2024

New index-based products are expected to be launched in Q1 2025, providing Taiwan investors with a broader selection of passive investment options.

Fraud, Scams & Cybercrime

Former CEO of Celsius Network Pleads Guilty on Fraud Charges

04/12/2024

Alex Mashinsky misled investors about the financial condition of Celsius and used customer funds to manipulate the value of a digital token the company issued.