Cryptocurrency

Spot Bitcoin ETFs Not Suitable for Singapore Retail Investors: MAS

19/01/2024

Those who choose to trade spot Bitcoin ETFs in overseas markets must exercise extreme caution, MAS said.

PEPs & Sanctions

OFAC Sanctions 18 Tankers for Russian Oil Price Cap Violations

19/01/2024

UAE based shipping company Hennesea and 18 of its vessels are subject to restrictions for transporting Russian crude at prices higher than the price cap.

Custody & Infrastructure

Thai SEC Updates Crypto Rules on Retail Access, Custody, Advertising

18/01/2024

The updates remove some restrictions on retail investors, support the creation of custodial wallet provider businesses, and reduce the documentary burden presented by advertising rules.

AI Risk & Governance

Australia to Establish Risk-based Guardrails for AI Development

18/01/2024

The government will establish mandatory guardrails to promote the safe design, development and deployment of AI systems.

Cloud & Infrastructure

Taiwan Advances to Third Phase of Open Banking

18/01/2024

The third phase of open banking covers transactions involving deposits, credit cards, loans, payments and mobile phones.

PEPs & Sanctions

US Sanctions Prompt China Banks to Review Russia Business

18/01/2024

The threat of secondary sanctions has prompted Chinese state-owned banks to review their Russian business and sever ties with clients on the sanctions list.

Sustainable Finance

UK FCA Forms New Sustainability Working Group for Advice Sector

18/01/2024

The working group will report in the second half of 2024 on how the financial advice sector can deliver good sustainable finance practices.

PEPs & Sanctions

US Redesignates Yemen’s Houthis as Global Terrorist Group

18/01/2024

The designation comes with sanctions that target the group’s sources of financing and restrict its access to financial markets.

Clearing & Post-Trade

India’s Proposal for T+0 Settlement Will Fragment Market: ASIFMA

18/01/2024

ASIFMA suggests that SEBI wait to see the impact from the US move to T+1 settlement before proceeding to a shorter settlement cycle in India.