Regulatory Updates
US SEC Extends Compliance Dates and Grants Temporary Exemption for U.S. Treasury Securities Clearing Requirements
On 25 February 2025, the United States Securities and Exchange Commission (US SEC) announced the extension of compliance dates and issued a...
Hong Kong’s SFC Launches “A-S-P-I-Re” Roadmap to Shape the Future of Virtual Assets
On 19 February 2025, Hong Kong’s Securities and Futures Commission (HK SFC) introduced the "A-S-P-I-Re" roadmap, a virtual asset regulatory...
MAS-ESS Essay Competition 2025 Launched on the Topic: “Building Singapore’s Digital Asset Ecosystem: Opportunities and Challenges”
On 20 February 2025, The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) announced the launch of the MAS-ESS Essay...
US SEC Reviews Cboe BZX Proposal to Amend 21Shares Core Ethereum ETF for Staking Integration
On 19 February 2025, the United States Securities and Exchange Commission (US SEC) issued Release No. 34-102450, announcing the filing of a proposed...
US SEC to Review Cboe BZX’s Proposal to List Canary XRP Trust Shares for XRP-Based Trust Listing
On 19 February 2025, the United States Securities and Exchange Commission (US SEC) published Release No. 34-102449 regarding a proposed rule change...
Latvijas Banka Governor Proposes Re-Election of Two Council Members
On 19 February 2025, Mārtiņš Kazāks, Governor of Latvijas Banka, submitted a proposal to Daiga Mieriņa, Speaker of the Saeima, to re-elect Māris...
UK FCA Fines Mako £1.66 Million for Failings in Cum-Ex Trading Controls
On 18 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) issued a Final Notice: Mako Financial Markets Partnership LLP, imposing...
ASIC Proposes Additional Relief for Financial Licensees Under Reportable Situations Regime
On 18 February 2025, the Australian Securities and Investments Commission (ASIC) announced its proposal CS 16 Reportable situations – additional relief, aimed at easing the compliance burden for Australian financial services licensees (AFSLs) and Australian credit licensees (ACLs) under the reportable situations regime. The proposal introduce exemptions for minor breaches of misleading and deceptive conduct provisions and certain civil penalty contraventions.
Singapore Authorities Warn Against Unauthorised Contactless Payment Fraud
On 17 February 2025, the Singapore Police Force (SPF), Cyber Security Agency of Singapore (CSA), and Monetary Authority of Singapore (MAS) jointly...
ASIC Updates Guidance on Applications for Relief and No-Action Letters
On 17 February 2025, the Australian Securities and Investments Commission (ASIC) Published updates to its regulatory guides, Regulatory Guide 51:...
Brian Young Appointed as United States Commodity Futures Trading Commission Director of Enforcement
On 14 February 2025, the United States Commodity Futures Trading Commission announced the appointment of Brian Young as its Director of Enforcement....
Hong Kong SFC Convenes First Virtual Asset Consultative Panel Meeting to Develop Virtual Asset Regulatory Framework
On 14 February 2025, Hong Kong Securities and Futures Commission (HK SFC) convened the inaugural meeting of the Hong Kong Virtual Asset Consultative...