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Latest News
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Cambodia’s central bank joins Regional Payment Connectivity initiative
Cambodia’s central bank is the ninth member to join the payments initiative.
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GRIP Extra: SEC Commissioner cautions against rapid deregulation, Greenpeace held liable for $650m
Other news includes the SEC ceasing its defenses of its climate disclosure rule, Fidelity launching its own stablecoin, and UBS limiting its size to skirt capital requirements.
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GRIP Extra: Nvidia beats forecasts, Meta fires employees over leaks
Other news includes various developments in DEI, vocal US concerns about the EU’s CSDDD and an updated IFRS for SMEs.
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Singaporean banks to strengthen resilience against phishing scams
A digital token will strengthen online security for customers.
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FCA week in review October 30 – November 3, 2023
A busy week with action on buy-now-pay-later schemes, Consumer Duty and crypto marketing, and enforcements including yet another British Steel Pension Scheme case.
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Crypto update: UK stablecoin regulation, MAS partnership, and Peirce dissent
Also, Bitcoin celebrates its 15th anniversary and SEC brings action against SafeMoon.
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Singaporean authorities propose shared responsibility framework for phishing scams
The Monetary Authority of Singapore and Infocomm Media Development Authority aim to strengthen accountability.
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Singapore’s MAS imposes over $20m in penalties for AML and market abuse violations
Watchdog shows teeth with robust actions resulting in 39 criminal convictions.