CUBE RegNews

A selected summary of key developments for regulated financial institutions

21st November

ASIC 2024 priorities ● Fed speech on regulation and supervision ● UK insurance brokers’ case ● CFPB fines ● AFCA anniversary | CUBE

MAS MD on the financial ecosystem of the future ● Five CFTC management challenges ● SEC new rule ● ASIC consults on banking code

Basel paper on digital fraud ● ECB speech on crypto finance regulation ● Quantum technology in financial services

ASIC enforcement update ● Supervision in the Irish funds sector ● Fed updates guidance for banks ● MAS collaborates on asset tokenisation

HKMA speech on banking sector ● New AFCA appointments ● Fed on supervision ● Gensler on treasury markets reform ● SFC issues circular

ASIC publishes cyber survey ● BoE launches next phase of the system-wide exploratory scenario ● Latest SARs newsletter from UK’s FIU

ESMA focuses on cyber risk ● SFC urges LCs to manage IPO risks ● Bowman reiterates concerns ● EBA consults on guidelines for credit servicers

FCA letter to stockbrokers ● Uyeda speech on SEC enforcement ● Trader charged with fraud ● ASIC’s $18 million retail investor compensation

OFAC fine ● Commodity pool fraud ● FCA warns firms to improve anti-fraud systems ● CFTC 2023 enforcement data ● Bowman speech on proposals

Macro, market, and cyber risk remain high for insurers ●ASIC: Greenwashing remains a priority ● Failure to comply with complaints timeline

BoE and FCA issue discussion papers on stablecoin ● CFTC consults on investment of customer funds ● FCA’s latest financial promotions data

FCA publishes crypto guidance ● RBC fined $6 million ● SEC charges compliance officer with fraud ● SFC circular on tokenised securities