Japan to Tighten Rules on Cryptocurrency Margin Trading

Japan is putting in place new, stricter rules for cryptocurrency margin trading from next year. According to a report from Nikkei Asian Review on Tuesday, the Japanese Cabinet, the executive agency of the country’s government, has approved draft amendments related to financial instruments and payment services laws that include two notable changes related to cryptocurrencies. Firstly, … Read more

ESMA publishes its Data Operational Plan under a no-deal Brexit scenario

ESMA publishes its Data Operational Plan under a no-deal Brexit scenario Tuesday 19 March 2019 20:15 The European Securities and Markets Authority (ESMA) has today published a statement in relation to the impact on ESMA’s databases and IT systems of a no-deal Brexit scenario on 29 March 2019. This statement complements the previous statement on the … Read more

ESMA’s application of the trading obligation for shares following a no-deal Brexit

ESMA’s application of the trading obligation for shares following a no-deal Brexit Tuesday 19 March 2019 18:31 The European Securities and Markets Authority (ESMA) has published a statement on the impact on the MiFIR trading obligation for shares (TO) of the United Kingdom (UK) leaving the European Union (EU) on 29 March 2019 without a … Read more

A Franco-German Regulatory Strategy for Crypto Assets Is Starting to Emerge—and ahead of the EU

A Regulatory Approach for Crypto is Congealing with the Efforts by the EU’s Most Powerful Member-States  Jennifer D’hoir is Senior Advisor, Innovation & FinTech at Gide 255, and Katja Langenbucher is a law professor at Sciences Po, in Paris, France Financial innovation has been put under increased regulatory scrutiny, in particular at the EU level since the publication of … Read more

A New World: Crypto-Exchanges and the EU’s Sixth Money Laundering Directive

Gabriel “Gabe” Hidalgo is a managing director at K2 Intelligence With recent announcements from the Financial Action Task Force about upcoming cryptocurrency regulation in 2019, increased money laundering penalties laid out in the EU’s Sixth Anti-Money Laundering Directive, and the sanctions actions taken by the U.S. Treasury to target actors in Iran and Venezuela using … Read more

Consultation: Malaysia Seeks Feedback on Proposed ICO Framework

The Securities Commission Malaysia (SC) has published a consultation on a framework for Initial Coin Offerings (ICOs). The SC is one of many financial regulators that are seeking to better understand digital assets while investigating potential regulatory environments to create an effective ecosystem. The SC consultation paper discusses the proposed framework for, among others, the … Read more

Recovery Planning: Updated Comptroller’s Handbook Booklet and Rescissions

The Office of the Comptroller of the Currency issued today the “Recovery Planning” booklet of the Comptroller’s Handbook. The booklet explains effective recovery planning pursuant to 12 CFR 30, appendix E, “OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches.”

ESMA clarifies endorsement of UK credit ratings in case of a no-deal Brexit

ESMA clarifies endorsement of UK credit ratings in case of a no-deal Brexit Friday 15 March 2019 12:13 The European Securities and Markets Authority (ESMA) has issued today a statement which sets out the implications for credit rating agencies (CRAs) based in the United Kingdom (UK), including the endorsement of UK credit ratings, should the UK withdraw from … Read more

Israel Securities Authority Outlines Recommended Regulatory Approach for Digital Assets

Last week, a committee at the Israel Securities Authority (ISA) investigating the applicability of regulation pertaining to initial coin offerings (ICOs) and digital assets submitted their final report. The Committee was first established in August of 2017 during the height of the ICO boom. The… Read More The post Israel Securities Authority Outlines Recommended Regulatory … Read more