On 27 March 2024, the Securities and Exchange Commission (SEC) adopted a rule amending section 203A-2(e) under the Investment Advisers Act of 1940, permitting certain investment advisers to register with the SEC. The rule redefines the conditions se…
On 25 March 2024, the Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned thirteen entities and two individuals for operating in the financial services and technology sectors of the Russian Federation economy, including a…
On 19 March 2024, the Securities and Exchange Commission announced the closure of its lawsuit against Genesis Global Capital, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending prog…
On 18 March 2024, the US Securities and Exchange Commission (SEC) closed a consultation again on the proposed rule change to allow ETF-traded Etherum regarding new issues that emerged. The SEC identified seven more issues for which it opened anothe…
On 15 March 2024, the Securities and Futures Commission (SFC) in Hong Kong issued a declaration warning the public against the unlicensed virtual asset trading platform 'MEXC'. The platform, actively promoting its services to Hong Kong investors, ha…
On 14 March 2023, the Australian Federal Court dismissed a lawsuit brought by the Australian Securities and Investments Commission (ASIC) against Finder Wallet. The lawsuit alleged that Finder's yield-bearing product, Finder Earn, was an unlicensed …
On 13 March 2024, the Fair Trade Commission (FTC) issued the Measures Related to Overseas Online Platforms framework at the Emergency Economic Ministers' Meeting chaired by the Deputy Prime Minister for Economic Affairs. The framework aims to ensure…
On 13 March 2024, the European Parliament passed the regulation laying down harmonised rules on Artificial Intelligence (Artificial Intelligence Act). The Act includes post-deployment performance monitoring requirements for "high-risk" AI systems. T…
On 13 March 2024, the European Parliament passed the regulation laying down harmonised rules on Artificial Intelligence (Artificial Intelligence Act). The Act includes design requirements for "high-risk AI systems" as part of a wider requirement fo…
On 13 March 2024, the European Parliament passed the regulation laying down harmonised rules on Artificial Intelligence (Artificial Intelligence Act). The Act specifies that high-risk AI systems must be designed in a way that achieves an appropriat…