Breaking

All news

ESMA’s cross-border review names BaFin and CySEC, not brokers

ESMA's July 20 follow-up peer review graded six national supervisors of cross-border investment firms. BaFin and CySEC were told to do more, and CFD brokers sit under both.

India’s offshore broker ban runs through FEMA, not SEBI

India's ban on offshore retail brokers runs through FEMA and the RBI, not SEBI. What is lawful, what GIFT City permits, and what enforcement really costs.

Brazil’s 24-hour crypto hold starts at the deposit, not the exit

Brazil's Resolution BCB 584 clocks its 24-hour crypto hold from the deposit, not the withdrawal. The US$10,000 trigger, Article 6-A and five regimes compared.

Registered is not regulated: four regimes that look alike

Across the UK, the US, the EU and the Caribbean offshore centres, two entirely different regulatory statuses are marketed to customers under words that sound identical — a low-bar registration that usually buys nothing but anti-money-laundering supervision, and a high-bar authorisation that carries conduct rules.

How EU, UK and Singapore converged on frontier-AI ICT risk

MAS and the three ESAs both routed frontier-AI risk into existing operational-resilience supervision within three days. That raises exposure, not lowers it.

Offshore FX licensing splits into real regimes and paper ones

SVG registers companies, not brokers. Anjouan approvals are not recognised. Seychelles, Vanuatu and Mauritius impose real capital — and banks are now pricing the difference.

The EU’s Retail Investment Strategy traded a ban for benchmarks

The EU dropped its inducements ban in the December 2025 RIS deal and replaced it with a value-for-money product gate that gives supervisors more leverage.

Dubai’s two-regulator problem: VARA vs DFSA licensing in 2026

VARA covers Dubai outside the DIFC, the DFSA covers the DIFC, and the CMA replaced the SCA federally. A decision framework for crypto and FX firms.

Finfluencer regulation hardens: licences, charges, takedowns

From the FCA's criminal charges to the UAE's mandatory licence, finfluencer rules hardened fast - five rulebooks now split the UK, Australia, France, UAE and US.

New York’s Kalshi suit tests the Third Circuit’s shield

New York sued Kalshi on July 31 seeking treble fines, defying the Third Circuit's preemption ruling. Six jurisdictions, three answers — and a Supreme Court question forming.

What an FX licence buys after ASIC’s record A$830m year

ASIC's record A$830m penalty year exposes the gap between top-tier and offshore FX licences: capital, leverage, compensation and enforcement compared.

Tokenised stocks: the SEC delay that splits synthetic from real

SEC guidance splits tokenised stocks into issuer-authorised, custodial and synthetic tiers — and the delayed innovation exemption leaves the US without an onshore venue until 2027.

Law 1194918-8: Russia’s licensed crypto market opens September 1

Russia's crypto law takes effect September 1, 2026 with licensed exchanges, capital-tiered depositories and retail caps - while the payments ban stays intact.

Only 20% of EU crypto firms cleared MiCA before the deadline

MiCA's transition closed on 1 July 2026 with 244 authorised CASPs out of 1,200+ registered firms. What the 20% conversion rate means for wind-downs and enforcement.

PSD3 uncaps APP fraud liability as the UK stops at £85,000

The EU's PSR reimburses PSP-impersonation fraud in full with no cap. The UK stops at £85,000. Singapore guarantees nothing. Cross-border firms need three engines.

FCA moves MiFID equity transparency into its own Handbook

FCA 2026/30 rehouses MiFID RTS 1 equity transparency into MAR 11A.7 from September 28, 2026 - and hands the UK unilateral control as the EU builds its tapes.

SEC marketing rule and FCA gateway converge on endorsements

The SEC, FCA and ESMA now police the compensated endorsement through three incompatible mechanisms. Firms distributing across all three face the strictest combination, not the local rule.

ESMA says the EU binary-options ban already covers event contracts

ESMA told firms on July 3 that event contracts meeting the MiFID II test are binary options - already banned for EU retail since 2018. The mirror image of the US position.

Nine US agencies adopt one data standard, effective October 1

Nine US regulators fixed ISO 17442, 4914 and 10962 as joint data standards from October 1 — a rule that changes no reporting requirement on day one.

Why ESMA’s CFD conflicts sweep leaves prop trading untouched

ESMA's 2026 Common Supervisory Action puts CFD broker conflicts under EU-wide inspection while its own risk-committee chair says prop trading is no priority.

Most Read

Imdustry insights

Stay Ahead

Get the latest news, insights, and market updates delivered to your inbox every day.

Enter your email address