Europe: ELTIF version 2 is approved What Does 2023 Hold? Key Upcoming Developments and Enforcement Trends Crypto Staking the Latest Target of Regulation by Enforcement Drum Beat on Crypto Custody Regulation Gets Louder: NY DFS Guidance FInsight: Sustainability for Financial Institutions – Global Trends and the Latam Perspective US: FINRA Update on Sweep of Option Account Practices

On 15 February 2023, the European Parliament adopted the regulatory reform of the European long-term investments funds (ELTIFs) regulation to make these ELTIFs more attractive to asset managers and retail investors by facilitating their investments in the real economy and encouraging private capital flows toward more environmentally sustainable investments.


Following a host of notable bankruptcy filings in the digital asset industry, the New York State Department of Financial Services (DFS) recently issued guidance (the DFS Guidance) to emphasize sound custody and disclosure practices for firms providing digital asset custody services to better protect customers in the event of an insolvency or similar proceeding.