by Theresa Joy Lacatan | Aug 17, 2024 | Blog News, Crypto News
On 14 August, 2024, the Commodity Futures Trading Commission (CFTC) levied significant penalties on three prominent financial institutions—Truist Bank, The Toronto Dominion Bank (TD Bank), and Cowen and Company—for pervasive failures related to recordkeeping,...
by Theresa Joy Lacatan | Aug 15, 2024 | AI News, Blog News
On 14 August, 2024, the Securities and Exchange Commission (SEC) Chairman Gary Gensler released a statement highlighting the growing influence of artificial intelligence (AI) in financial markets and the potential risks it poses to investors. With AI increasingly...
by Theresa Joy Lacatan | Aug 15, 2024 | AI News, Blog News
On 14 August 2024, the Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding (MoU) with major banks and financial institutions to reinforce the country’s financial sector against potential cybersecurity threats from quantum computing. This MoU,...
by Theresa Joy Lacatan | Aug 14, 2024 | Blog News, Crypto News
On 13 August, 2024, in a significant step towards enhancing the security and resilience of the digital asset sphere, the United States and Latvia have embarked on a joint initiative to bolster supervision and regulation of operational risks associated with virtual...
by Theresa Joy Lacatan | Aug 14, 2024 | Blog News, Crypto News
On 9 August 2024, the Australian Securities and Investments Commission (ASIC) released it’s financial advice update that discusses the importance of compliance across multiple critical areas. This update addresses the need for accurate record-keeping on the financial...
by Theresa Joy Lacatan | Aug 14, 2024 | Blog News, Crypto News
On July 25, 2024, the Financial Services Commission (FSC) officially announced the schedule for this year’s highly anticipated Korea Fintech Week, set to take place from August 27 to 29 at the iconic Dongdaemun Design Plaza in Seoul. This event, the largest of its...
HK SFC Licenses Four Virtual Asset Trading Platforms Under Streamlined Licensing Process & Issues Circular
UK FCA Publishes Consultation Paper on Private Stock Market PISCES to Transform UK Capital Access
UK FCA Publishes Discussion Paper DP24/4 Seeking Feedback on Strengthening Transparency and Market Integrity in Crypto Markets
US SEC Publishes Mandatory Electronic Filing and Website Disclosures for Financial Forms and Reports and Updates to FOCUS Reports
ASIC Sues Binance Australia Derivatives for Misclassifying Retail Clients and Consumer Protection Failures