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GRIP Extra: SEC to cut enforcement staff by 17%, Wells Fargo freed from asset cap
Our in-brief roundup also includes Bristol Myers Squibb and BioNTech in a drug partnership, Reddit suing Anthropic for using its data, and BlackRock being removed from Texas blacklist.
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Asia-Pacific in focus: May 2025 at a glance
The first in a new regular series of roundups from the financial regulation industries across the Asia-Pacific region.
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MAS appoints new members to its Board of Directors
Two new members have been added, and one re-apointed.
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Proposal considers giving retail investors access to private market investments
The Monetary Authority of Singapore is seeking feedback on suitable investment types and appropriate regulatory requirements for consumers.
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GRIP Extra: Coinbase victim of $400m cyberattack, Trump fires Copyright Office director
Other news includes Nvidia planning an R&D center in Shanghai, the SEC and FINRA withdrawing a joint crypto custody statement, and the CEO of Novo Nordisk stepping down.
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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.