Events listed in Banks
Counter Terrorism Designations; North Korea Designations
ID 24647
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added one individual and five entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594, Executive Order 13551, and Executive Order 13886 for their support of or ties to terrorist organization Hizballah ...
Formularze elektroniczne do zgłaszania nabycia lub zbycia akcji
ID 24646
KNF has published a new form to submit with regards to significant purchases or sales of stocks. Under the current law, it is mandatory for investors to inform KNF about surpassing the voting threshold(s) as a result of purchasing or selling stocks of a public firm. This is in relation to the forthcoming amendment of Article 69 of the Public Offering Act. The planned ...
Council Regulation (EU) 2023/1593 of 3 August 2023 amending Regulation (EU) No ...
ID 24645
The EU Council has republished Council Regulation (EU) 2023/1593 pertaining to asset freezing measures imposed on individuals and entities threatening the peace and stability of the Republic of Guinea-Bissau in the Official Journal (OJ) of the EU. The republished official version follows a recent corrigendum to the regulation which corrected the wrong „made date“ of the regulation. Please refer to EventID 22463 in this ...
Gesetzes zur Finanzierung von zukunftssichernden Investitionen ...
ID 24644
Das BMJ veröffentlicht den Regierungsentwurf des Gesetzes zur Finanzierung von zukunftssichernden Investitionen (Zukunftsfinanzierungsgesetz – ZuFinG). Dieser bringt wesentliche Neuerungen für den Sektor der Publikums-Immobilien-Sondervermögen mit sich: – Vermögensgegenstände für Publikums-Immobilien-Sondervermögen: – Das ZuFinG sieht erstmalig vor, dass solche Sondervermögen Grundstücke mit Anlagen zur Nutzung EE-Anlagen erwerben dürfen. – Der Kauf von Grun ...
Warnings for investment fraud continue to increase
ID 24643
The Swedish financial market regulator, Finansinspektionen (FI), has published a press statement to inform and make aware of the continuing trend in investment fraud. In the press release, the regulator presents some latest statistics in this matter and outlines some common patterns observed in this context which may help firms and retail investors alike to prevent falling victim to such fraud. Specifically, FI notes ...
Thematic Peer Review on Money Market Fund Reforms: Summary Terms of Reference and ...
ID 24642
The FSB is currently engaged in a thematic peer review focused on reforms related to MMFs. This review aims to assess the progress made by FSB member jurisdictions in addressing vulnerabilities within their domestic MMF markets. The initiative is a response to the 2021 FSB policy proposals and involves a comprehensive examination of the evidence-based explanations provided by member jurisdictions regarding MMF vulnerabilities and ...
Aktualisierte Sanktionsmeldung
ID 24641
Das WBF hat eine Änderung des Anhangs 2 der Verordnung vom 22. Juni 2005 über Maßnahmen gegenüber der Demokratischen Republik Kongo (SR 946.231.12) publiziert. Am 14. August 2023 hat das WBF die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Die Änderung ist in der Schweiz direkt anwendbar. Das WBF hat daher am 14. August 2023 die für die Schweiz maßgebliche ...
FinCEN Notice Highlights Concerning Increase in Payroll Tax Evasion, Workers’ ...
ID 24639
The Financial Crimes Enforcement Network (FinCEN) has issued a notice to alert financial institutions of activities that may be related to payroll tax evasion or to workers‘ compensation fraud in both the U.S. residential and the commercial real estate construction sector. Specifically, the notice provides institutions with essential information to enhance their monitoring, detection, and reporting of suspicious activities associated with such fraud schemes. ...
PEP letter: Request for information [pdf]
ID 24638
As per FCA’s Guideline „FG17/6: The treatment of politically exposed persons for anti-money laundering purposes“, the FCA will assess how „regulated firms are complying with their legal and regulatory obligations regarding the risk management and treatment of Politically Exposed Persons (PEPs)“. In June 2023, a letter from Baronness Penn has been sent to FCA’s Chief Executive Officer, Nikhil Rathi emphasising the importance of engaging ...
MAS Finalises Stablecoin Regulatory Framework
ID 24637
The Monetary Authority of Singapore, MAS, has published a response paper to its consultation on a proposed new regulatory framework for issuers and intermediaries of stablecoins – that is digital currencies whose value is bound to another asset such as another currency. In this paper, MAS summarizes the responses it has received to its consultation, summarizes key amendments it has made to the draft ...