Regulatory Updates
Hong Kong SFC Reports Major Development in Tokenised Asset Management Pilot within Project Ensemble Sandbox
On 28 October 2024, the Hong Kong Securities and Futures Commission (HK SFC) has announced a development within the Project Ensemble Sandbox, a...
Latvia Fintech Forum 2024: Sector Development and Global Trends to Be Explored in Riga on 5 November 2024
On 23 October 2024, Latvijas Banka announced the upcoming Latvia Fintech Forum 2024, set to take place on 5 November 2024 in Riga. The forum, now in...
US Second Circuit Court Issues Default Notice in SEC vs. Ripple Appeal over Procedural Non-Compliance by Ripple’s Legal Team
On 22 October 2024, the U.S. Court of Appeals for the Second Circuit issued a Default Notice pursuant to its Local Rule 12.3. According to this...
US CFTC Commissioner Pham Announces Global Markets Advisory Committee (GMAC) Meeting on 21 November 2024
On 28 October 2024, US CFTC Commissioner Caroline D. Pham, sponsor of the Global Markets Advisory Committee (GMAC), announced that the committee...
Dr. Eric Yip Unveils Hong Kong’s Vision for a Regulated Virtual Asset Market at FinTech Week 2024
On 28 October 2024, Dr. Eric Yip, Executive Director of Intermediaries at the Securities and Futures Commission (HK SFC) in Hong Kong, in his speech...
MAS Announces 2024 Global FinTech Hackcelerator and FinTech Excellence Awards Finalists
On 28 October 2024, the Monetary Authority of Singapore (MAS) announced the 42 finalists for the 2024 Global FinTech Hackcelerator and the SFF...
Singapore Enforces New Shared Responsibility Framework, Strengthening Consumer Protection Against Phishing Scams in Financial and Telecom Sectors
On 24 October 2024, the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) introduced Shared Responsibility...
US SEC Commissioner Mark T. Uyeda Addresses Regulatory and Financial Market Challenges at the AIMA APAC Annual Forum
On 24 October 2024, U.S. SEC Commissioner Mark T. Uyeda addressed the AIMA APAC Annual Forum in Hong Kong, discussing the Indo-Pacific’s expanding...
UK FCA Launches Crackdown on Illegal Finfluencers for alleged Targeting of Young Investors
On 22 October 2024, the United Kingdom’s Financial Conduct Authority (UK FCA) escalated its efforts to combat financial misconduct on social media,...
Denmark’s Tax Law Council Proposes Consistent Taxation Framework for Crypto Assets
On 23 October 2024, the Danish Tax Law Council published a comprehensive report recommending changes to the taxation of crypto assets in Denmark....
US CFTC to Hold a Commission Open Meeting on 29 October 2024
On 22 October 2024, the U.S. Commodity Futures Trading Commission (US CFTC) announced that it will conduct an open meeting on 29 October 2024, from...
UK FCA Imposes Restriction on Business Agent Limited after Second Supervisory Notice
On 22 October 2024, the United Kingdom’s Financial Conduct Authority (UK FCA "the Authority") imposed restrictions on Business Agent Limited,...