International

PEPs & Sanctions

G7 Nations Imposing New Russia Sanctions Over “Sham” Referendums

By Manesh Samtani | 30/09/2022

The EU package includes an oil price cap and a complete ban on providing crypto services to Russians. UK targets include Gazprombank, Sberbank and Sovcombank board members.

Structural Regulation

HKMA Unveils Details of Financial Forum to be Held in November

By Manesh Samtani | 29/09/2022

Financial Secretary Paul Chan said this week that “bold reforms” are in the pipeline to attract talent and enterprises to the city.

CBDCs

BIS Announces Successful Completion of mBridge CBDC Pilot

By Editors | 29/09/2022

The month-long testing phase facilitated more than 160 transfers and FX exchanges worth USD 22 million on the mBridge Ledger.

Cryptocurrency

FTX Wins Auction to Buy Assets of Bankrupt Voyager Digital

By Editors | 29/09/2022

FTX won a “highly competitive auction process” that lasted two weeks with the “highest and best bid for its assets”, valued at just over USD 1.4 billion.

ESG Data

International Committee to Create Public Utility for Net-Zero Data

By Editors | 28/09/2022

International organisations and policymakers will work alongside financial data service providers to help bring the utility to fruition.

Climate Risk

US Banks Threaten to Quit GFANZ Over Legal Risks

By Editors | 26/09/2022

JPMorgan, BofA and Morgan Stanley are concerned about being sued over increasingly stringent decarbonisation commitments.

Fraud, Scams & Cybercrime

Interpol Issues Red Notice for Terraform Labs Founder

By Mark Johnston | 26/09/2022

The red notice for Do Kwon was issued at the request of Korean prosecutors, who say he is wanted for alleged capital market violations.

Tokenisation

ICMA Publishes Guidance on DLT-based Bonds

By Editors | 26/09/2022

The FAQs are designed to provide “non-experts” a basic understanding of DLT bonds and their impact on capital markets.

Cryptocurrency

Indonesia to Tighten Rules for Crypto Exchanges – Report

By Editors | 25/09/2022

Crypto exchanges will have to post Indonesian citizens resident in the country to at least two-thirds of their board seats.