Regulatory Updates
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
On 25 June 2025, the US Securities and Exchange Commission (SEC) announced an extension of the compliance date for the amendments to US SEC Rule...
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
On 16 June 2025, Billy Long was appointed as the 51st Commissioner of the United States Internal Revenue Service (IRS), following his Senate...
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
On 13 June 2025, the Financial Action Task Force (FATF) published its latest update on countries under increased monitoring for anti-money...
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance
On 5 June 2025, the Cayman Islands Monetary Authority (CIMA) issued a notice and thereby cancelled the Virtual Asset Service Provider registration...
Global Regulators Crack Down on Unlawful Finfluencers: ASIC Targets Finfluencers in Global Regulatory Sweep
On 12 June 2025, the Australian Securities and Investments Commission (ASIC) joined a global coalition of nine international regulators in a...
US CFTC Commissioner Kristin Johnson’s 2025 CCP AGM Address Highlights Urgent Cybersecurity Measures and Crypto Exchange Oversight Amid Bybit Hack Fallout
On 19 June 2025, Commissioner Kristin N. Johnson delivered a speech at the CCP Global Annual General Meeting in Amsterdam recognising the need for...
Singapore MAS Launches 2025 SFF FinTech Excellence Awards with Focus on AI and Crypto-Relevant Regulatory Innovation
On 16 June 2025, Singapore, the Monetary Authority of Singapore (MAS), in partnership with the Singapore FinTech Association (SFA) and supported by...
US SEC Chair Paul Atkins calls for Fit-for-Purpose Regulation for DeFi Ecosystems at the Crypto Roundtable on DeFi and the American Spirit
On 9 June 2025, at the United States Crypto Task Force Roundtable titled “DeFi and the American Spirit,” U.S. Securities and Exchange Commission (US...
United States SEC and CFTC Extend Form PF Compliance Deadline to 01 October 2025
On 11 June 2025, the United States Securities and Exchange Commission (US SEC) and the United States Commodity Futures Trading Commission (US CFTC)...
United States SEC Veteran David Saltiel to Depart on 4 July 2025 Leaving Legacy of Market Innovation and Investor Protection
On 18 June 2025, the U.S. Securities and Exchange Commission (US SEC) announced the retirement of David Saltiel, Acting Director of the Division of...
Monetary Authority of Singapore Publishes Clarification on Licensing Deadline for Cross-Border Digital Token Service Providers Under FSMA 2022
On 6 June 2025, the Monetary Authority of Singapore (MAS) published a media release on the scope and compliance requirements under the Singapore’s...
Singapore Launches Licencing Regime for Digital Token Service Providers under Singapore Financial Services and Markets Act
On 30 May 2025, the Monetary Authority of Singapore (MAS) concluded its rulemaking process under the Singapore Financial Services and Markets Act...