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Regulatory News


Mizuho Trials On-Chain Cross-Border Payments With UBS via Swift - Fintech Hong Kong
UBS and Mizuho Bank have executed test transactions on Swift‘s blockchain-based shared ledger.
Oct 2


HSBC Names Hong Kong Stablecoin 'RedCoin' Ahead of Payments Rollout - Fintech Hong Kong
HSBC has named its planned Hong Kong stablecoin HSBC RedCoin ahead of a phased rollout starting with everyday payments.
Oct 2


Canada Receives Stronger FATF AML Assessment, but Gaps Remain
Canada has received a stronger outcome in its latest FATF mutual evaluation, with the assessment recognising improvements in financial intelligence, risk assessment and cooperation while identifying areas that still require further strengthening.
Oct 2


FINMA Confiscates CHF 10 Million From Julius Baer Over AML Failings
Switzerland’s financial regulator FINMA has found serious anti-money laundering and risk-management failures at Julius Baer involving client relationships linked to two Russian politically exposed persons (PEPs).
Oct 2


SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds, i.e. registered investment companies and business development companies.
Oct 2


FCA probing Euro Exchange Securities over suspected anti-money laundering failings - AML Intelligence
The logo of the Financial Conduct Authority is seen at the agency's headquarters in the Canary Wharf business district of London
Sep 25


Crypto Bribes Sends CCB Asia Ex-Manager to Jail for Four Years - Fintech Hong Kong
A former China Construction Bank (Asia) customer relationship manager has been sentenced to jail for four years for accepting bribes in crypto form.
Sep 25


Ant Digital Technologies Eyes Europe expansion in Amundi Tokenisation Deal - Fintech Hong Kong
Ant Digital Technologies has signed a memorandum of understanding (MOU) with Amundi, Europe’s largest asset manager, to jointly develop tokenised fund solutions.
Sep 25
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