MAS Bill Set to Enhance Investigative and Supervisory Powers

The Financial Institutions (Miscellaneous Amendments) FIMA Bill aims to enhance the abilities of the Monetary Authority of Singapore (MAS) to enforce its regulatory regime and supervise capital markets Financial Institutions (FIs).

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Navigating Pay-To-Play Compliance in an Election Year and Beyond

The 2024 U.S. Presidential election is grabbing the headlines right now. However, 469 other federal elections, 13 gubernatorial elections, and countless contests at the state and local levels will be decided in November. With so many candidates and campaigns, the risk of pay-to-play and political donation rule violations, even unintentional ones, is high.

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MNPI Remains a High Risk Area for Compliance

Failing to adequately manage Material Non-Public Information (MNPI) remains a high-risk area for compliance, as evidenced by recent actions in the United States, the United Kingdom and across the globe for issues including insufficient insider trading compliance policies, market abuse and failure to effectively manage insider information.

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Australia Steps Up Foreign Bribery Prevention with New CFB Bill

The Combatting Foreign Bribery (CFB) Bill aims to reform Australia’s foreign bribery offences. It passed Federal Parliament on 29 February 2024 and will come into effect six months after the Governor-General formally accepts it and provides Royal Assent.

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Preparing for Markets in Crypto-Assets Regulation (MiCA)

The Markets in Crypto-Assets Regulation (MiCA) institutes uniform regulations for crypto-assets across the EU that are not currently regulated by existing financial services legislation.  With the Application of Rules for asset-referenced and e-money tokens expected in June of 2024, the countdown is on. 

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