ADVERTISEMENT
AML / KYC
Global Tax Evasion Probe Targets Euro Capital Bank, Puerto Rico
By Manesh Samtani | 18/10/2020
Euro Pacific Bank, founded in 2017 by Peter Schiff and Mark Anderson, is said to be used by up to 400 Australian nationals, about 100 of which are considered “high-risk”.
Securities / Derivatives
HKIFA Warns Against Changing UCITS Delegation Model – Report
By Editors | 15/10/2020
HKIFA chief Sally Wong reportedly said a move to restrict the delegation model could prompt capital to flow away from the European fund industry.
Market Infrastructure
SFTR Reporting Regime Goes Live for Buy-Side Firms
By Editors | 14/10/2020
Phase three of the SFTR places reporting obligations on investment funds, insurance companies and pension funds.
Crypto / Digital Assets
UK FCA Bans Retail Sale Of Crypto Asset Derivatives
By Sanday Chongo Kabange | 08/10/2020
The ban covers contracts for difference, options, futures and exchange-traded notes referencing crypto assets, and will come into effect on 6 January 2021.
Securities / Derivatives
China’s DCE, ZCE Assessed as Post-trade Transparency Positive
By Editors | 08/10/2020
The positive assessments relieve EU investment firms from the obligation to make DCE and ZCE transactions post-trade transparent via an APA.
Fintech / Regtech
ECB Starts Preparing for Possible Digital Euro Issuance
By Sanday Chongo Kabange | 06/10/2020
A decision has not been made to introduce a digital euro, but the ECB will commence experimentation to ensure it is prepared if it needs to do so.
Market Infrastructure
EU Antitrust Objections Expected Over LSEG-Refinitiv Deal
By Manesh Samtani | 05/10/2020
EU regulators are said to have antitrust concerns over LSEG’s proposed acquisition of Refivitiv. A Singapore consultation covering similar concerns is closing soon.
Market Infrastructure
SONIA Quoting Conventions to be Adopted in UK Swaps Market
By Editors | 01/10/2020
Interdealer brokers should base quotes in the sterling swaps market on SONIA rather than LIBOR from 27 October, the FCA and BOE say.
Securities / Derivatives
China Yangtze Power Lists Depositary Receipts in London
By Editors | 28/09/2020
Yangtze Power is the first Chinese issuer to receive LSE’s ‘Green Economy Mark’, which recognises firms that derive at least half of revenues from the green economy.
Crypto / Digital Assets
EU Unveils Digital Finance Strategy, Crypto-asset Framework
By Manesh Samtani | 27/09/2020
The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team