EMEA

By: Chris Montagnino, Directory of Regulatory Affairs, Eventus Two recent enforcement actions serve as reminders of the importance of having appropriate supervision and monitoring relating to short sales. In each matter, the firm incurred violations of SEC Regulation SHO (“Reg SHO”) and paid a six figure fine as a result of the missteps. SEC Rule […]

Originally Published by Markets Media By: Mike Castiglione, Director of Regulatory Affairs, Digital Assets, Eventus Crypto policy debates often get portrayed as warring sides battling over values. Not unique to crypto, policy formation is nearly always an exercise of identifying and balancing trade-offs. Common trade-offs in policy are: Individual rights vs. common good Innovation vs.

By: Vince Turcotte, Director, Digital Assets, APAC, Eventus   Pathway to VASP Licensing This report serves as an update to Eventus’ white paper, Crypto Regulation in APAC: What to Expect in 2022, which was published in February 2022. The key focus of this paper is Hong Kong’s Anti-Money Laundering And Counter Terrorist Financing (Amendment) Bill 2022

Originally published by FinTech Global   As 2022 continues to roll-on, there will be new challenges for companies to manage as they enter the second half of the year. What are some of the big regulatory developments to keep an eye on? The first half of the year saw a strong focus on sanctions, as

By Martina Rejsjo, Director of Regulatory Affairs, Eventus FINRA has issued Regulatory Notice 22-14 to propose a new regulatory reporting framework for over the counter (OTC) option transactions. OTC options are customized, bilateral transactions agreed upon directly by the parties to the option contracts, and many of the traded OTC options are identical in terms

Originally published by Financial Times   Plus, Coinbase’s tough year continues and job losses in a growing metaverse industry This week, we got a reminder of what happens when the grand decentralised crypto worldview meets the US sanctions regime. Spoiler alert: the US sanctions regime wins. The US Treasury’s target this week was Tornado Cash,