Regulatory Updates
UK FCA Revises Enforcement Transparency Proposals and Confirms Next Steps
On 12 March 2025, the United Kingdom Financial Conduct Authority (UK FCA) published a statement titled “Update on the FCA’s enforcement transparency...
UK FCA Chief Nikhil Rathi Supports Government’s Plan for Payment Systems Regulator Reform
On 12 March 2025, Mr. Nikhil Rathi, Chief Executive of the United Kingdom Financial Conduct Authority (UK FCA), published a statement welcoming the...
UK FCA Rejects Zeux Limited’s Crypto Registration Over Money Laundering Risks
On 17 March 2025, the United Kingdom Financial Conduct Authority (UK FCA) refused Zeux Limited’s application for registration as a cryptoasset...
US CFTC Withdraws Staff Advisory on Swap Execution Facility Registration Requirement
On 13 March 2025, the United States Commodity Futures Trading Commission (US CFTC) published CFTC Letter No. 25-05, officially announcing the...
Singapore and Viet Nam Strengthen Financial Innovation Cooperation with Upgraded MOU
On 12 March 2025, the Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) upgraded their existing Memorandum of Understanding...
Singapore and Viet Nam Strengthen Ties in Capital Markets and Digital Asset Regulation
On 12 March 2025, the Monetary Authority of Singapore (MAS) and the State Securities Commission of Viet Nam (SSC) have signed a Letter of Intent...
FINMA Updates on Licensing Status for Portfolio Managers and Trustees in Switzerland
On 11 March 2025, the Swiss Financial Market Supervisory Authority (FINMA) published a Press Release on the status of licences issued to portfolio...
Hong Kong’s SFC Warns Public About Linkbex for Suspected Virtual Asset Fraud
On 6 March 2025, the Hong Kong Securities and Futures Commission (HK SFC) has issued a public warning against Linkbex, an entity suspected of...
Latvia’s Saeima Re-Elects Two Members to the Council of Latvijas Banka for a Second Term
On 6 March 2025, the Saeima of Latvia announced the re-election of Māris Kālis and Zita Zariņa for a second term as Members of the Council of...
FATF Updates Grey List: List of New Jurisdictions Added for Increased Monitoring for Regulatory Authority across Globe
On 21 February 2025, the Financial Action Task Force (FATF) released its latest update on jurisdictions under increased monitoring, commonly known...
US SEC Reviews Nasdaq’s Proposal to List Canary HBAR ETF Under Commodity-Based Trust Shares Rule in Collaboration with BitGo Trust Company Inc. and Coinbase Custody Trust Company, LLC
On 7 March 2025, the United States Securities and Exchange Commission (US SEC) initiated a review of a proposal submitted by The Nasdaq Stock Market...
US SEC Reviews Nasdaq’s Proposal to List Grayscale Polkadot Trust Holding Polkadot (DOT) Tokens
On 7 March 2025, the United States Securities and Exchange Commission (US SEC) released a notice regarding the Nasdaq Stock Market LLC’s proposal to...