Our Scans · (FS.7.00) Banking Regulation · Weekly Summary

• [New] Regulators, such as the U.S. Securities and Exchange Commission (SEC) and the Financial Conduct Authority, increasingly expect firms to capture and monitor all business-related communications, including linked content. Crowdfund Insider
• [New] Should the FCA proposals come into action, crypto ETNs could be sold to individual consumers in the UK, rather than just professional investors, so long as they are traded on an FCA-approved investment exchange. The Fintech Times
• [New] Trading platforms, brokers, custodians, lending protocols, and other crypto intermediaries will need FCA authorization and must comply with conduct rules. The Barrister Group
• For non-UK companies, the FCA would expect the rules of PISCES operators to permit disclosure by other appropriate means. Mishcon de Reya LLP
• The FCA's ban on retail access to crypto asset derivatives will remain in place. Morningstar UK
• In the U.S., the Securities and Exchange Commission has been working on climate disclosure rules that could affect publicly traded logistics providers. Unicargo
• The Financial Conduct Authority is proposing to remove unnecessary data reporting, in a move it said will benefit nearly all firms, help to reduce burden and unlock economic growth. Insurance Age
• The Financial Conduct Authority will launch a Supercharged Sandbox to help firms experiment safely with AI to support innovation. FCA
• The Financial Conduct Authority is poised to lift its ban on offering a type of crypto tracker to retail investors even though it could mean they lose all their money, in the latest sign of loosening financial red tape in a bid to help kickstart growth. City AM
• Regulatory Risks: Despite the favorable resolution of the SEC lawsuit, XRP remains exposed to regulatory risks in different jurisdictions, as legal frameworks regarding cryptocurrencies continue to evolve. InvestX - Crypto News, Trading Guide, Price Analysis &
• Firms should see the EU and Prudential Regulatory Authority or FCA's requirements as an opportunity to modernise operations and embed operational resilience into every aspect of their business. MIT OpenCourseWare
• Regulatory bodies like the U.S. Securities and Exchange Commission (SEC) and the European Central Bank have voiced concerns about the potential for money laundering and tax evasion tied to digital currencies. Market Data Forecast
• The FCA will work closely with the Bank of England on the upcoming regime to ensure a clear pathway in regulation for stablecoins. FCA
• The Reserve Bank of India has proposed new guidelines for investments by regulated entities in Alternative Investment Funds, aiming to mitigate potential risks and prevent overexposure. FinancialExpress
• A firm operating an offshore trading platform for cryptoassets that is only serving professional investors in the UK will not require FCA authorization. JD Supra
• To ensure patient safety and mitigate risk, global health regulatory authorities such as the US Food and Drug Administration and the European Medicines Agency require that any adverse events are identified and reported. TransPerfect Life Sciences
• The Monetary Authority of Singapore (MAS) loosened monetary policy for the second time in a row as economic fears rise due to the trade war brewing between the US and China and lowered core inflation expectations for the year. CNA
• More recently, the Australian Prudential Regulatory Authority highlighted specific ethical risks including the potential for algorithms to develop biases that unfairly discriminate against groups of people or exclude them from some financial services entirely. Amdocs
• Regulatory scrutiny on ESG disclosures will intensify, with frameworks like the EU's Corporate Sustainability Reporting Directive and the anticipated SEC updates on climate-related disclosures. ESG Matrix
• Banking and Credit Markets: Should Trump dismantle regulations like Basel III, it could release trillions in reserves, reshaping credit markets and spurring private lending. TwinFocus - TwinFocus is the premier multi-family offic

Last updated: 24 June 2025