ESMA says unauthorised crypto-asset service providers must stop serving EU clients after 1 July. Kraken is framing the deadline as a counterparty and audit risk issue for institutions.
Regulations
The US CFTC has opened a formal comment process on whether standard futures should trade around the clock and whether to allow perpetual contracts for crude oil.
The UK regulator has launched a consultation on tighter standards for SIPP operators, citing historical cases of poor due diligence and gaps in how firms protect pension money and assets.
The FCA just launched a single, real-time source of post-trade data for the first time, with 98% coverage of in-scope trading at launch, operated by ETS Connect UK.
David McWilliams faced court on Monday over allegations that $10 million in investor funds were diverted into high-risk crypto, property deals, and a luxury car.
The FCA published an updated cryptoasset gateway guidance outlining how firms can enter the new regime, while stripping a Welsh firm of its Part 4A permission.
Australia’s Federal Court jailed David Fairfull after he pleaded guilty to making false revenue claims and using $7.7m in company funds for personal purchases.
A federal court in New York entered a consent order resolving the CFTC’s civil fraud case against the Celsius Network founder, permanently barring him from markets.
Australia’s ASIC removed both the AFS licence and credit licence of Freedom Wealth Services Pty Ltd while banning its adviser from the industry for a decade.
The two US regulators issued a joint request for input on harmonizing security-based swap and swap reporting requirements, targeting divergent data fields, identifiers and validation rules that drive up compliance costs.
The Federal Reserve Board has opened a 60-day comment period on a proposal that would require stablecoin issuers to keep customer ID programs similar to banks.
Hong Kong’s exchange operator, HKEX, has renewed its MOU with China Financial Futures Exchange, maintaining a formal cooperation channel first created in 2012.
Commissioner Mark T. Uyeda used remarks at Jagiellonian University to connect the SEC’s climate rollback with a push for capital-formation-friendly regulation.
The FCA’s enforcement chief told an anti-corruption conference that the regulator has accelerated its use of supervisory tools since July 2024, citing outcomes.
The CFTC letter No. 26-20 covers portfolio rebalancing and basis risk mitigation, easing SEF registration, clearing, trade execution and reporting obligations.
ASIC targets HSBC Bank Australia with an A$35 million fine over systemic failures in fraud controls, investigation delays and account restoration.
The EU markets regulator published its 2025 Annual Report on Wednesday, highlighting implementation milestones on crypto licensing, settlement reform and market data infrastructure.
The CFTC issued a Request for Information asking firms to flag regulations, and guidance that impede fintech partnerships with federally regulated institutions.
The FCA’s retail banking director told the Later Life Lending Summit that housing wealth should sit alongside pensions in retirement planning.
The FCA’s consultation paper would lift the minimum individual penalty for serious market abuse cases from £100,000 to £150,000, while also targeting cryptos.
Chairman Selig appoints former SEC crypto task force advisor Don Battle and ex-Marex legal counsel J Matthew Haws to senior roles spanning data science, blockchain forensics, and derivatives market oversight.
The OSC said Stephan Katmarian was convicted after Peblik marketed convertible notes tied to a crypto token falsely claimed to be backed by a Northern Ontario mine.
The CFTC’s Division of Market Oversight issued no-action relief letting both exchanges convert existing perpetual-style digital commodity futures into true perpetual futures with immediate effect.
The Dutch AFM gave the national AI Act implementing law a conditional go ahead, raising concerns about how supervisory tasks will be divided between it and DNB.
The SEC pushed back compliance dates for tick-size and access-fee changes by a full year while simultaneously proposing to rescind Rule 611.
Canadian securities regulators finalized rules confining principal distributor status to a single mutual fund family while requiring disclosure of compensation.
The SEC has proposed removing Rules 611 and 610(e) of Regulation NMS, which cover trade-through prohibition and restrictions on locking and crossing quotations.
The FCA’s 11 June update cycle covered three separate actions spanning senior manager conduct, payments-sector financial crime, and consumer lending distress.
Australia’s Federal Court ordered record penalties of $300.2m against Union Standard, EuropeFX, and TradeFred after finding systemic unconscionable conduct.
The US CFTC wants to make smaller whistleblower award determinations more formulaic, mirroring a framework the SEC has used since 2020.
The UK regulator says Carlos Fuenmayor withheld a US investigation, a subsequent FINRA sanction and a Venezuelan account freeze from disclosure forms. He has referred the decision to the Upper Tribunal.
Hester Peirce told attendees at a Washington summit on Tuesday that she is leaving the city after nearly 30 years. She will take up a teaching role in November.
The FCA’s emerging tech report identifies personalised intelligence, synthetic crime, and programmable finance as the four forces reshaping financial services.
The US CFTC published a proposed rulemaking that would create a structured framework for reviewing event contracts tied to sports, gaming, and other activities.
The CFTC completed the first step of a 2022 law requiring common reporting standards across nine federal financial agencies, after missing the initial deadline.
Dutch regulator AFM fined neobank bunq B.V. €170,000 for responding too slowly to customer fraud complaints, signalling that it monitors complaint-handling.
The SEC sustained a $50,000 joint fine against Titan Securities and one-year suspension of its sole owner Brad C. Brooks tied to a 2012 private placement.
The FCA alleges Woodford and UAE-registered W4.0 have been providing regulated investment advice and making financial promotions without authorisation.
Intercontinental Exchange (ICE) said ESMA has granted recognition to ICE Data Indices’ under the EU benchmarks, making them available for supervised entities.
The FCA plans to issue new rules for UK moeny market funds. It will keep current daily liquid asset minimums, with stable NAV funds at 40% weekly liquid assets.
The UK’s FCA has given firms until 19 June to feed AI use cases, challenges, and governance questions in order to identify where regulatory clarity would help.
Western Asset accepted a $100m fine from the SEC and created a Fair Fund for investors affected by its former co-CIO’s alleged cherry-picking of trade allocations.
The FCA secured court-appointed interim managers over the EES e-money firm, citing weaknesses in its financial crime controls, safeguarding, and governance.
SEC Commissioner Mark Uyeda told the Investor Advisory Committee that redemption caps worked as designed, but investor surprise points were a concern.
The UK FCA wants to replace detailed climate reporting for retail investors with narrower ones, while institutional clients can request emissions data on demand.
The SEC’s Hester Pierce used the Investor Advisory Committee meeting to challenge retail investor protections for private markets and passive index fund voting.
The Cayman Islands regulator (CIMA) published decision notices naming two firms and two directors in enforcement action that includes cancelled registrations.
Atkins told the Investor Advisory Committee that expanding retail access to private markets and concentration of voting power in passive funds are its key focus.
The CFTC has dropped its no-deny requirement lasting almost 30 years that defendants refrain from publicly denying allegations as a condition of settlement.
The CFTC’s Market Oversight Division exempted CBOE Digital from its dormancy rules for designated contract markets. It was about to become dormant on June 6.
SEC Commissioner Hester Peirce spoke at Princeton, arguing that blockchain infrastructure, open-source code, and non-custodial tools shouldn’t be regulated.
Swiss regulator FINMA closed proceedings against Wendelspiess Partners AG and issued individual bans, capping a case that started with intense media scrutiny.
Nasdaq-listed SOLOWIN HOLDINGS (AXG) says its Bahrain subsidiary AX Coin has been licensed under the Central Bank of Bahrain’s stablecoin regime as the first.
EU supervisors published their first annual overview of major ICT-related incidents under DORA; system failures and external events were the dominant drivers.
The UK’s FCA has written to football clubs, warning that unauthorised crypto businesses and trading platforms are using shirt sponsorships to target their fans.
FINMA, the Swiss regulator, published a supervisory communication addressing risks tied to the use of third-party products in discretionary portfolio management.
The SEC cleared Nasdaq to list shares of the BlackRock iShares Bitcoin Premium Income ETF, an actively managed product that writes call options on IBIT.
The FDIC, Federal Reserve, and OCC jointly updated interagency documents to remove reputation risk, barring supervisors from using the concept in bank oversight.
The U.S. SEC published a Draft Strategic Plan on Tuesday, signaling a shift toward principled digital asset rules, narrower enforcement, and a tech overhaul.
The US SEC named four new appointees to its Investor Advisory Committee, which advises on investor protection, with another search expected later this year.
Paxos Securities Settlement Company has received a temporary registration as a clearing agency, a step toward regulated blockchain-based securities settlement.
The CFTC has launched a filing-system update that lets exchanges submit one certification package across multiple comparable contracts, cutting duplication.
Patrick Schorno, the former PCAOB deputy chief economist, has been appointed Chief Economist by the CFTC. He will build the economic record behind rulemaking.
The CFTC revealed on Monday that it paid out more than $8m to five tipsters whose information helped resolve an enforcement action against a fraudulent scheme.
ESMA published its sixth annual data quality report, showing improvements across EMIR, SFTR, MiFIR, AIFMD, and MMFR, broadening coverage to ICT under DORA.
HKEX, Hong Kong’s exchange operator, refreshed its advisory body on Friday, continuing a pattern of periodic membership updates that dates back several years.
Australia’s securities regulator has used its post-2024 FMI reform powers to declare the Brussels-based settlement provider has a “material connection” to Australia, pulling it inside the local licensing perimeter.
Cboe has gotten SEC approval to begin pre- and post-market sessions for about 20 liquid single-stock options on July 13, covering mega-cap stocks like Nvidia.
The CFTC intervened in a Rhode Island federal court case. The state joins others that the regulator has sued based on its right to regulate event contracts.
The UK FCA used its May Regulation Round-up to press firms on cyber resilience, motor finance redress preparation, and the start of Buy Now Pay Later rules.
Hester Peirce, a SEC commissioner, argued that transfer agents should record securities at public blockchain addresses instead of investors’ personal data.
ESMA published a refreshed roster of data contributors to the equity consolidated tape, tracking which firms and venues must contribute, or can opt in.
ESMA, the EU markets regulator, added four questions on ESG rating provider obligations and one on MiCA white paper exemptions ahead of 2 July 2026.
The CFTC filed a $1.2 million insider trading complaint against a Google engineer in Switzerland, who used confidential data to make bets on Polymarket.
The CFTC joined crypto exchange Gemini on Wednesday in a motion seeking to vacate the prospective provisions of a January 2025 consent order.
The UK regulator reviewed 10 authorised firms that approve financial promotions for unauthorised businesses. It found some approved adverts with unsubstantiated claims or let retail investors see promotions meant for professionals.
The SEC Chairman used a Stanford speech to launch a public comment window on modernizing IPO rules, including gun-jumping communications and direct listings.
AFM, the Dutch regulator, issued a fresh warning on Tuesday, saying the Iran war is driving up market volatility and risks across the financial system.
ESMA, the EU markets regulator, today launched consultations on proposed mandatory trade allocations and confirmations. The aim is to eliminate oral allocations.
The UK FCA will take its APM outside London to Edinburgh, Scotland for the first time on 6 October, as it opens a new office and expands its Scottish workforce.
ASIC has cancelled the AFS licence of Global Pacific Solutions Pty Ltd. The regulator cancelled the licence since the firm no longer offers financial services.
The ASIC warned consumers against engaging with scammers who pretend to offer crypto and stock trading services. They use fake trading websites to scam users.
The FSA in St Vincent and the Grenadines said last month that no companies hold a valid crypto license in the country.
The Swiss regulator confirmed Simon Brönnimann’s permanent appointment on Thursday, locking in an interim arrangement that had been in place since April.
The US markets regulator and futures self-regulatory organization have formalized a framework for sharing risk intelligence, aligning examination planning, and reducing duplicative oversight.
The agreement creates a formal data-sharing channel between the regulator and the league, following a similar deal with Major League Baseball in March.
UK regulators publish a shared framework for wholesale-market tokenisation and open a Call for Input, backed by coordinated moves on settlement hours, prudential guidance and collateral eligibility.
Former KPMG managing director DJ Hennes takes over the CFTC division that oversees derivatives intermediaries, with Chairman Selig highlighting his crypto and prediction market experience.
The Ontario Securities Commission chief takes a board-level seat at the global body that sets standards for securities regulators across more than 130 jurisdictions.
The Dutch regulator disclosed a supervisory action against Euronext Amsterdam for breaching European rules on providing central securities depositories access to transaction flows. Euronext has since complied.
EU regulator formally surfaces guidance on when technology platforms, RFQ systems, and pre-arrangement workflows cross the line into requiring trading venue authorisation under MiFID II.
The Commission is building a five-year reserve list to fill future vacancies on the joint appeals body of EBA, EIOPA and ESMA. Applications close 8 June 2026.
Australia’s financial regulator has told licensees and market participants to act now on cyber resilience, warning that frontier AI is lowering the barrier to sophisticated attacks.
Barnes sold fabricated invoices to an invoice finance provider over 19 months, dishonestly obtaining $2,478,624. The sentence will be served via an Intensive Correction Order.
Calgary-based Tetra Digital Group has put a Canadian-dollar stablecoin into production under provincial regulatory approval, backed by a consortium that includes National Bank of Canada, ATB Financial, Wealthsimple and Shopify.
The UK regulator finalised rules letting asset managers use distributed ledger technology within the existing framework, while introducing a new dealing route that applies to both conventional and tokenised authorised funds.
Cryptoasset firms can request free pre-application meetings from Monday as the UK regulator builds a runway toward the FSMA authorisation gateway opening in September.
The EU regulator’s latest exercise covers 16 central counterparties and, for the first time, tests how CCP crisis tools would spread losses across the wider clearing system.
The FSC is purportedly stopping firms issued with a license from 2025 onwards from offering copy trading services.
The US derivatives regulator has filled a key enforcement-linked role with an internal hire who has trial and appeal-litigation experience across the agency’s enforcement and general counsel divisions.
