ADVERTISEMENT
Crypto / Digital Assets
UK Commences Inquiry Into Crypto Asset Risks and Opportunities
By Editors | 17/07/2022
A UK parliamentary committee is collecting evidence on the opportunities and risks that crypto-assets may bring to consumers, businesses and the government.
Market Infrastructure
How the UK Intends to Reform Data Protection Law
By Nick Westbrook | 14/07/2022
Nick Westbrook outlines the most significant areas of reform to the UK GDPR since it came into force in May 2018.
AML / KYC
UK Issues Guidance on Preventing Sanctions Evasion
By Editors | 14/07/2022
London-based enablers are “almost certain” to be in senior positions within their company or business, says a red alert from the NCA and OFSI.
Crypto / Digital Assets
BOE Calls for Clear Regulatory Framework for Crypto Assets
By Mark Johnston | 14/07/2022
BOE’s Jon Cunliffe said the extension of a regulatory framework to encompass crypto must be grounded in the iron principle of ‘same risk, same regulatory outcome’.
Capital / Liquidity
ECB Climate Stress Test Finds Bank Practices Lacking
By Editors | 11/07/2022
60% of banks don’t have a climate risk stress testing framework. Only 20% of banks consider climate risk when granting loans.
AML / KYC
EU Council Agrees Position on Bloc-Wide AML Authority
By Editors | 06/07/2022
The AMLA will directly supervise certain types of credit and financial institutions, including crypto asset service providers, starting in 2026.
AML / KYC
UK Sanctions More Russians, Restricts More Belarusian Trade
By Editors | 06/07/2022
Last week, the UK Parliament’s Foreign Affairs Committee published a report calling on the government to “act now” to tackle the flow of illicit finance through London.
Securities / Derivatives
UK to Codify Tax Exemptions for Sovereign Investors into Law
By Editors | 05/07/2022
The proposals seek to ensure the tax exemptions provided to sovereign investors are more targeted towards investment rather than trading income.
ESG / Sustainability
ECB Makes “Groundbreaking” Shift on Climate
By ESG Investor | 05/07/2022
The ECB will introduce gradual limits on the use of bonds issued by companies with high carbon footprints.
Market Infrastructure
UK FCA Consults on Remaining LIBOR Transition Steps
By Editors | 04/07/2022
The FCA is seeking views until 24 August on winding down synthetic sterling LIBOR and US dollar LIBOR.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.