Regulatory Updates
Former Texas Resident Leena Jaitley Ordered to Pay Millions Following US SEC Fraud Complaint
On 7 January 2025, the United States Securities and Exchange Commission (US SEC) published the Litigation release. On 12 December 2024, the United...
CFTC Chairman Rostin Behnam Announces Departure After Seven Years of Leadership
On 7 January 2025, Rostin Behnam, Chairman of the United States Commodity Futures Trading Commission (US CFTC), announced his decision to step down...
Singapore Addresses Credit Card Fraud: Protections and Responsibilities Outlined
On 7 January 2025, during a Parliament sitting, Mr. Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the...
HKMA Issues Urgent Warning Over Phishing Messages Linked to Bank of China (Hong Kong)
On 7 January 2025, the Hong Kong Monetary Authority (HKMA) issued a public alert regarding phishing instant messages impersonating Bank of China...
RBI Announces HaRBInger 2024 Winners: Transforming Financial Security and Accessibility
On 7 January 2025, the Reserve Bank of India (RBI) announced the winners of the third edition of its global hackathon, HaRBInger 2024 – Innovation...
US SEC Chair: Registered PCAOB Inactive Firms under Scrutiny with New Registration Withdrawal Rule
On 2 January 2025, Gary Gensler, Chair of the United States Securities and Exchange Commission (US SEC), gave an official statement announcing a...
MAS Encourages Use of Fit Notes and E-Hong Baos for a Greener Lunar New Year
On 2 January 2025, the Monetary Authority of Singapore (MAS) announced initiatives to promote the use of Fit notes and digital gifting during the...
Hong Kong Monetary Authority announced Schedule for Financial Announcements
The Hong Kong Monetary Authority (HKMA), on 31 December 2024, released its schedule for important financial announcements and updates in January...
Hong Kong Solicitor Held Guilty of Breaching Hong Kong Securities & Futures Commission’s Secrecy Rules
On 2 January 2025, the Hong Kong's Securities and Futures Commission (HK SFC), announced the conviction against a practicing solicitor for breaching...
Swiss FINMA Introduces Circular on Nature-Related Financial Risks for Banks and Insurers
On 17 December 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued its groundbreaking circular titled “Nature-related Financial...
Swiss Federal Council Appoints Aline Darbellay to FINMA’s Board of Directors
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...
US SEC Bars Richard Brown for Securities Fraud and Undisclosed Kickbacks
On 23 December 2024, the United States Securities and Exchange Commission (US SEC) issued an order under Section 15(b) of the United States...