Regulatory Updates
United Kingdom Financial Conduct Authority Engages Industry to Shape New Crypto Regulation Framework
On 26 November 2024, the United Kingdom Financial Conduct Authority announced progress in developing a regulatory framework for cryptoassets. This...
ASIC Issues New and Updated Guidance Following DBFO Act Reforms
On 21 November 2024, the Australian Securities and Investments Commission released updated regulatory guidance in response to reforms introduced...
MAS and ABS Announce Launch of Electronic Deferred Payment Solutions in Mid-2025 and Revised Deadline for Corporate Cheque Processing
On 5 December 2024, the Monetary Authority of Singapore and the Association of Banks in Singapore have jointly announced updates to Singapore’s...
US CFTC Reports US $17.1 Billion in Enforcement Action for FY 2024
On 4 December 2024, the US Commodity Futures Trading Commission (US CFTC) announced the Enforcement action for fiscal year 2024, securing a US $17.1...
MAS and NUS Extend Landmark Term Professorship Programme for Five More Years
On 4 December 2024, the Monetary Authority of Singapore announced the renewal of its partnership with the National University of Singapore,...
UK FCA Published Consultation on Transparency in Enforcement Investigations
On 28 November 2024, the United Kingdom’s Financial Conduct Authority (UK FCA) issued a follow-up consultation paper to refine its approach to...
MAS Imposes SG$2.4 Million Civil Penalty on JPMorgan Chase for Misconduct in OTC Bond Transactions
On 2 December 2024, the Monetary Authority of Singapore (MAS) imposed a civil penalty of SG$2.4 million on JPMorgan Chase Bank, N.A. for failing to...
Australia and Singapore Unite to Boost Sustainable Infrastructure and Decarbonisation Efforts in Southeast Asia
On 3 December 2024, the Monetary Authority of Singapore (MAS) announced collaboration with the Australian Government, through Export Finance...
United Kingdom Financial Conduct Authority Published Crypto Regulation Roadmap
On 26 November 2024, the United Kingdom Financial Conduct Authority (UK FCA) published the regulatory roadmap for the regulation of cryptoassets for...
US SEC Accuses Eng Taing and Touzi Capital, LLC of £115 Million Investment Fraud in Crypto Mining and Debt Investments
On 29 November 2024, the United States Securities and Exchange Commission (SEC) initiated a civil enforcement action against Eng Taing and his...
UK FCA Unveils Rising Crypto Ownership and Roadmap for UK Regulation
On 26 November 2024, the United Kingdom’s Financial Conduct Authority (FCA) released its latest findings on UK consumer attitudes and behaviours...
United States Securities and Exchange Commission Approves Payment for BitClave Fund Administration
On 25 November 2024, the United States Securities and Exchange Commission issued a detailed administrative order under the United States Securities...