Global Trustee and Fiduciary Services Bite-Sized Issue 8 2024

26 Global Trustee and Fiduciary Services Bite-Sized | Issue 7 | 2024 Publication Release Date Link International FSB consults on interim findings of its evaluation of the effects of the G20 financial regulatory reforms on securitisation 2 July 2024 Link to Consultation here IOSCOWorld Investor Week 2024 to focus on technology and digital finance, crypto assets and sustainable finance 10 July 2024 Link to Press Release here Speech by Klaas Knot, Chair FSB: The AI adventure: how artificial intelligence may shape the economy and the financial system 11 July 2024 Link to Speech here Basel Committee publishes final disclosure framework for banks' cryptoasset exposures and targeted amendments to its cryptoasset standard 17 July 2024 Link to Announcement here SBTi consults on draft FINZ Standard, and issues call for pilot testing 24 July 2024 Link to Consultation here Asia SFC Circular to licensed corporations – Financial resources management and compliance with the Securities and Futures (Financial Resources) Rules 3 July 2024 Link to Circular here Consultation conclusions for legislative proposal to implement regulatory regime for stablecoin issuers in Hong Kong released 17 July 2024 Link to Conclusions here HKMA inSight: Stablecoin Issuer Sandbox 18 July 2024 Link to inSight here HKMA announces stablecoin issuer sandbox participants 18 July 2024 Link to Press Release here MAS publishes FAQs on issuance of a Prohibition Order under the Financial Services andMarkets Act 2022 25 July 2024 Link toMAS website here MAS updates FAQs on licensing of FundManagement Companies 1 August 2-24 Link toMAS website here North America Speech by Gurbir S Grewal, Director, Division of Enforcement, SEC: What’s Past is Prologue: Enforcing the Federal Securities Laws in the Age of Crypto 2 July 2024 Link to Speech here Statement by SEC Chair Gary Gensler on the Spring 2024 Regulatory Agenda 8 July 2024 Link to Statement here Testimony of Chairman Rostin BehnamBefore the U.S. Senate Committee on Agriculture, Nutrition and Forestry’s Hearing on the Oversight of Digital Commodities 10 July 2024 Link to Testimony here FSB consults on recommendations related to data flows and regulation and supervision in cross-border payments 16 July 2024 Link toConsultationonGreater Alignment inData FrameworksRelated toCross-border Payments here Link to Consultation on Consistency in the Regulation and Supervision of Bank and Non-bank Payment Service Providers here FINRA update tomember firms regarding CrowdStrike IT service disruption 19 July 2024 Link to the Guidance here Europe Luxembourg law implementing DORA published 1 July 2024 Link to Law here (French only) Link to CSSF Communiqué here Speech by Gerry Cross, Director, Central Bank of Ireland: Implementing DORA – Achieving enhanced digital operational resilience in European financial services 1 July 2024 Link to Speech here European Commission publishes report on the implementation and application of the whistleblowing directive 3 July 2024 Link to Report here Ready for DORA? The AFMpublishes checklist for financial organisations 5 July 2024 Link toWebpage here