Clarity Act progress halted in US Senate
Motion fell 11 votes short of the 60-vote threshold required, casting fresh uncertainty of the future of US digital asset infrastructure.
Regulation
CUBE, IBM partner on AI regulatory monitoring
The collaboration will embed CUBE’s regulatory intelligence into IBM watsonx.governance to help firms monitor AI-related regulatory developments.
EU settlement fails spiked in April as US-Iran ceasefire signed
Settlement failure rates across EU central securities depositories jumped sharply in early April, according to new data from European regulators.
SEC proposes first overhaul of transfer agent rules since 1980s
Commission points to a ‘disconnect’ between the legacy regulation and the highly sophisticated environment that transfer agents operate in today.
Standard Chartered secures Mica and EMI authorisations in Luxembourg
New approvals provide a regulated base for the bank’s European digital asset custody ambitions as demand for institutional crypto services grows.
FCA censures CACEIS UK over WealthTek controls failures
Asset servicer to make £31.7 million voluntary payment to affected clients.
DTCC secures SEC approval for new NSCC client clearing model
Model aims to broaden participation in centrally cleared securities financing transactions.
HQLAᵡ receives SEC no-action relief for US market access
Decision allows eligible broker-dealers and banks to access platform under specific conditions for 36 months.
BBH rolls out Names Rule compliance solution
New data offering aims to support asset managers monitor portfolio alignment with US SEC Rule 35d-1 requirements.
SEC and CFTC propose amendments to reduce private fund reporting burdens
Regulators propose changes to Form PF, including higher filing thresholds and streamlined requirements, while maintaining systemic risk monitoring capabilities.