On March 14, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced its first enforcement case of the year and its first ever involving dealings with a Russian ...

Euroclear Bank, the Brussels based international central securities depository (ICSD), and the Korea Securities Depository (KSD) have partnered to open an omnibus account. The domestic market has made ...

FTX founder Sam Bankman-Fried said FTX customer assets were stored together in what’s called an “omnibus wallet” instead of individual cryptocurrency wallets. He suggested that storing customer assets ...

The Prudential Regulation Authority has published a policy statement on the leverage ratio treatment of omnibus account reserves and minor amendments to the leverage ratio framework. PRA rules require ...

Senate Republicans are pointing to a $275 million reduction to the Internal Revenue Service’s (IRS) annual appropriations as a win in their end-of-year negotiations on t he omnibus spending package.

Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline ...

SEOUL, Jan 21 (Reuters) - South Korea plans to announce details next week of an omnibus account system for foreign investors as part of efforts to help get its stock market included in the MSCI's ...