by Theresa Joy Lacatan | Dec 31, 2024 | Blog News, Crypto News
On 17 December 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued its groundbreaking circular titled “Nature-related Financial Risks”. This directive establishes comprehensive guidelines for banks and insurers to identify, manage, and mitigate...
by Theresa Joy Lacatan | Dec 30, 2024 | AI News, Blog News
On 18 December 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued FINMA Guidance 08/2024 ‘Governance and risk management when using artificial intelligence’ for supervised financial institutions using artificial intelligence (AI). This move...
by Theresa Joy Lacatan | Dec 30, 2024 | Blog News, Crypto News
On 20 December 2024, the Swiss Federal Council announced the appointment of Aline Darbellay as a member of the Board of Directors of the Swiss Financial Market Supervisory Authority (FINMA). Aline Darbellay is an expert in financial market law and will succeed Susan...
by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News
On 23 December 2024, the United States Securities and Exchange Commission (US SEC) issued an order under Section 15(b) of the United States Securities Exchange Act of 1934, permanently barring Richard Brown from associating with any broker-dealer, investment adviser,...
by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News
On 19 December 2024, the Saeima of Latvia appointed Māris Kālis as the Acting Governor of Latvijas Banka to ensure the seamless continuity of the central bank’s operations. This decision follows the Saeima’s failure to elect a new Governor, leaving Kālis,...
by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News
On 11 December 2024, Mr. Sanjay Malhotra was appointed as the Governor of Reserve Bank of India. Mr. Sanjay Malhotra, who has considerable administrative and financial experience, assumed charge as the 26th Governor for a three-year term. An Indian Administrative...
US SEC Appoints Natalia Díez Riggin as Senior Advisor and Acting Director of Legislative and Intergovernmental Affairs
US SEC Approves NYSE Arca’s Rule Change for Listing and Trading of Bitwise Bitcoin and Ethereum ETF
US Court Orders Over $451 Million Penalty in Global Binary Options Fraud Case
Singapore MAS Published Monetary Policy Statement – January 2025
UK FCA Issues First Fine for MiFIR Transaction Reporting Failures Against Infinox Capital Limited