Regulatory Updates
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,...
UK FCA Publishes Blog on Cryptoasset Registrations: Building Strong Foundations for the Future
On 18 October 2024, Val Smith, Head of Payments and Digital Assets at the UK’s Financial Conduct Authority (UK FCA), published a blog discussing the...
Joint Statement on Enhanced Timeframe for New Listing Applications Announced by HK SFC and HKEX
On 18 October 2024, the Hong Kong Securities and Futures Commission (HK SFC) and The Stock Exchange of Hong Kong Limited (HKEX), a subsidiary of...
Managing External Shocks: Asia’s Experience with Capital Flows – Remarks by Edward Robinson at 2024 Beijing Financial Street Forum
On 18 October 2024, Edward Robinson, Deputy Managing Director (Economic Policy) and Chief Economist at the Monetary Authority of Singapore (MAS),...
DIFC Courts Launches New Suite of Digital Services, Including Digital Assets Will at GITEX Global 2024
On 15 October 2024, the Dubai International Financial Centre (DIFC) Courts announced the launch of a new suite of advanced digital services at GITEX...
Latvijas Banka Opens Access to Electronic Clearing System for Non-Bank Payment Service Providers
On 16 October 2024, Latvijas Banka announced that it has completed the necessary preparatory work to allow non-bank payment service providers,...
Australian Federal Court Rules Harvey Norman and Latitude Misled Consumers in Advertising Campaign
On 18 October 2024, the Australian Federal Court in its judgment ruled that Harvey Norman Holdings Ltd and Latitude Finance Australia engaged in...
ASIC Announces Key Appointments to Executive Leadership Team as Part of Ongoing Transformation
On 17 October 2024, the Australian Securities and Investments Commission (ASIC) has continued its significant transformation efforts and announced...