ADVERTISEMENT
AML / KYC
US, EU, UK, Japan Announce Sanctions Against Russia
By Manesh Samtani | 22/02/2022
Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.
AML / KYC
US Imposes Sanctions Against ‘Breakaway’ Regions in Ukraine
By Editors | 22/02/2022
The sanctions come after Russian President Vladimir Putin signed a decree recognising two regions in eastern Ukraine as independent.
Securities / Derivatives
Philippine SEC Proposes Draft Rules For Umbrella Funds
By Sanday Chongo Kabange | 21/02/2022
Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.
AML / KYC
Korea’s KT Corp to Pay $6.3m for FCPA Violations
By Editors | 21/02/2022
KT Corp maintained slush funds for nearly a decade which were used by executives and employees to bribe Korean and Vietnamese officials.
Fintech / Regtech
US DOJ Appoints First Director of National Crypto Enforcement Team
By Editors | 20/02/2022
The FBI has meanwhile created a new “Virtual Asset Exploitation Unit”, which will provide analysis, support, training and new tools to stay ahead of future crypto-related threats.
Enforcement
FSC Korea Fines IBK and Fund Manager Over Mis-sold Funds
By Editors | 20/02/2022
Industrial Bank of Korea also has to suspend its private fund sales operations for 1 month. Discovery Asset Management and its CEO are suspended for 3 months.
Fintech / Regtech
NYSE Seeks Trademark Licences for Digital Marketplace
By Sanday Chongo Kabange | 18/02/2022
A filing with the US Patent and Trademark Office suggests the NYSE may be planning to launch an NFT marketplace as well as its own cryptocurrency.
Enforcement
US Agencies Probe Block Trading Practices at Banks, Hedge Funds
By Editors | 17/02/2022
The DOJ and SEC are reportedly examining whether banks may have improperly alerted hedge funds ahead of market-moving block trades.
Fintech / Regtech
Thai SEC Proposes New Rules on Crypto-related Advertising
By Manesh Samtani | 15/02/2022
Advertisements related to cryptocurrencies in public areas will be prohibited, but advertising of services “can still be carried out normally”.
Securities / Derivatives
Thailand SEC Proposes Revisions to Private Placement Rules
By Sanday Chongo Kabange | 15/02/2022
The changes streamline filing processes for offerings of newly issued shares through private placements, while bolstering investor protections.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.