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Asian Development Bank: integrity compliance and enforcement

The OAI's investigation and enforcement activity continued more or less unabated, despite the OAI being required to pivot to remote working because of the pandemic.

What Can We Expect from the SEC with COP26 Around the Corner?

Chair Gary Gensler of the Securities and Exchange Commission (SEC) has made climate change headlines of his own in recent weeks.

FCA Proposes Enhanced Disclosures on Diversity and Inclusion for Listed Companies

Proposals reflect growing investor focus on the ESG performance of listed companies.

Off‐Shore Crypto Exchange to Pay Up to $100 Million to Resolve Enforcement Action with U.S. Regulators

Civil enforcement actions and criminal charges against BitMEX’s founders are pending.

Mastercard faces competition ‘opt out’ class action damages trial

The ruling by the Competition Appeal Tribunal (CAT) is the first in which it has conditionally certified collective proceedings for damages resulting from a competition law infringement on an 'opt-out’ basis.

Frenkel Topping enters fifth joint venture

Mark Holt, managing director of Frenkel Topping Limited, said: "We have known and worked with the Pattinson Brewer team for many years."

BMA seeks more Seamless Marketplace with ILS Process Enhancements.

To discuss the changes and what this means for both ILS market participants and the Bermuda marketplace, Artemis spoke with Adderley, who has been working with the BMA on this matter.

SEC sanctions company for hypothetical cyber risk factor when the company already had an incident

The SEC alleged that both the SEC filing and the media statement were misleading, including because they characterized a known harm as a hypothetical risk.

Business as usual is over. Get ready for transformational change.

What you need to know about the IPCC's latest climate report and how to respond

FinCEN and CFTC assess $100 million penalty on cryptocurrency derivatives exchange

Notably, the three BitMEX co-founders were also charged with one count of violating the BSA and one count of conspiracy in October 2020.

Continuity of access to FMI services (FMI intermediaries) for firms in resolution: Framework for information from FMI intermediaries to support resolution planning

Access to FMI services is essential for banks to be able to continue performing their critical functions or critical services under all circumstances, including in cases where banks need to be resolved.

Financial Regulation Daily Update

This decision follows on from the FCA's Consultation Paper 21/3 (CP21/3) earlier this year.

UAE Securities and Commodities Authority's new licensing regime

What you need to know about the UAE Securities and Commodities Authority's new licensing regime.

Disclosure of Beneficial Ownership in 2021 – Italy Perspectives – Alert 4 of the Series

Transposal of EU Beneficial Ownership Regulation into Italian law

Proposed Reforms to Australia's Sanctions Regime to Target Corruption, Cyber-Crime, Human Rights Violations

The Australian Government has announced plans to implement a targeted, Magnitsky-style sanctions regime by the end of 2021.

Business as usual is over. Get ready for transformational change.

What you need to know about the IPCC's latest climate report and how to respond

Settlement agreements in the DIFC

Other features of the DIFC regime which distinguish it from the rules operating in the ‘onshore’ Dubai courts include the recognition of the “without prejudice” principle, and automatic confidentiality bestowed on settlement agreem

Expect proactive FCA enforcement in coming year

Not only is the FCA looking to assert itself within its established remit with respect to wholesale and retail markets, it is also looking to assert itself in and around the perimeter of its powers.

Singapore to temporarily loosen hiring rules for foreign workers

All work passes in the CMP sectors including high-skilled S passes and employment passes, will get in-principle approval for validity extensions of up to one year, if the pass holders are unable to enter Singapore because of Covid-19 border restrictions.

Isle of Man issues AML guidance tailored for tax advisors and accountants

The new guidance covers the unique money laundering and financing of terrorism risks faced by the sectors and provides further guidance in respect of approaches to customer due diligence.

Government Regulation