by Theresa Joy Lacatan | Dec 6, 2024 | Blog News, Crypto News
On 5 December 2024, the Monetary Authority of Singapore and the Association of Banks in Singapore have jointly announced updates to Singapore’s payment landscape. The Monetary Authority of Singapore has released a consultation paper detailing these initiatives and...
by Theresa Joy Lacatan | Dec 6, 2024 | Blog News, Crypto News
On 4 December 2024, the US Commodity Futures Trading Commission (US CFTC) announced the Enforcement action for fiscal year 2024, securing a US $17.1 billion in monetary relief. This includes US $2.6 billion in civil monetary penalties and US $14.5 billion in...
by Theresa Joy Lacatan | Dec 6, 2024 | Blog News, Crypto News
On 4 December 2024, the Monetary Authority of Singapore announced the renewal of its partnership with the National University of Singapore, extending the Monetary Authority of Singapore Term Professorship in Economics and Finance for another five years. This...
by Theresa Joy Lacatan | Dec 5, 2024 | Blog News, Crypto News
On 28 November 2024, the United Kingdom’s Financial Conduct Authority (UK FCA) issued a follow-up consultation paper to refine its approach to enforcement transparency, building on earlier proposals made in February 2024. The updated consultation outlines amendments...
by Theresa Joy Lacatan | Dec 5, 2024 | Blog News, Crypto News
On 2 December 2024, the Monetary Authority of Singapore (MAS) imposed a civil penalty of SG$2.4 million on JPMorgan Chase Bank, N.A. for failing to prevent and detect misconduct committed by its relationship managers. The penalty follows an investigation into...
by Theresa Joy Lacatan | Dec 5, 2024 | Blog News, Crypto News
On 3 December 2024, the Monetary Authority of Singapore (MAS) announced collaboration with the Australian Government, through Export Finance Australia, which has approved a US$50 million investment into Singapore’s Financing Asia’s Transition Partnership (FAST-P)...
Quantum Updates 50 | June 2025
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance