Europe

AML / KYC

UK Using Quantum Tech to Combat Fraud, Money Laundering

By Manesh Samtani | 15/04/2025

Quantum computing is being used to tackle fraud. HSBC is working to find ways it can be used to identify indicators of money laundering.

Sanctions

OFSI Publishes Threat Assessment for Property Services Sector

By Manesh Samtani | 15/04/2025

The report finds that small-scale property services firms and sole practitioners are more likely to have facilitated Russia-related breaches.

Crypto / Digital Assets

Euroclear Joins HKMA’s Tokenisation Initiative, Project Ensemble

By Editors | 09/04/2025

Euroclear is joining as an Architecture Community member. HKMA also welcomed six new firms to the Ensemble Sandbox.

Securities / Derivatives

LCH Launches Malaysian Ringgit Non-deliverable Swaps

By Nithya Subramanian | 08/04/2025

CIMB and Maybank were among the first institutions to clear MYR-denominated non-deliverable interest rate swaps.

Sanctions

OFSI Publishes Threat Assessment for Legal Services Sector

By Manesh Samtani | 06/04/2025

OFSI says it is “highly likely” that trust and company service providers have not self-disclosed all suspected sanctions breaches.

Capital / Liquidity

EU Commission Reconsiders FRTB Implementation Plan

By Manesh Samtani | 27/03/2025

The EU Commission is considering postponing implementation by an additional year or applying a set of targeted amendments for a three-year period.

Sanctions

UK Imposes Human Rights Sanctions on Four Sri Lankans

By Manesh Samtani | 25/03/2025

The four individuals committed extrajudicial killings, torture and/or perpetration of sexual violence during the Sri Lanka civil war

Market Infrastructure

EU Adopts Amended BMR, Easing Access to Foreign Benchmarks

By Manesh Samtani | 25/03/2025

The amended BMR will ensure benchmarks published in Asia and other third countries can continue to be used in the EU to hedge interest rate and FX risks.

ESG / Sustainability

China to Issue CNY-Denominated Green Bonds in London

By Mark Johnston | 21/03/2025

China’s first CNY sovereign green bond in London seeks global investment for the country’s ambitious climate targets.