PEPs & Sanctions

Better Enforcement Needed on Russia-related Export Controls

15/01/2024

New report calls for coalition authorities to address the role of third-country intermediaries in export controls circumvention schemes.

PEPs & Sanctions

US Sanctions HK, UAE Companies to Target Houthi Revenues

15/01/2024

OFAC also identified four vessels as blocked property for their involvement in shipping Iranian commodities on behalf of a Houthi financial facilitator.

PEPs & Sanctions

Biden Administration Supports Confiscation of Russian Assets – Report

12/01/2024

There have been concerns that the seizure of Russian assets could taint the reputation of the US financial system and spark a flight from the dollar.

PEPs & Sanctions

US Imposes Sanctions Targeting Transfer of DPRK Missiles to Russia

12/01/2024

Three Russian entities, one individual, and four aircraft were designated over the transfer of ballistic missiles to Russia for use against Ukraine.

Fraud, Scams & Cybercrime

Singapore Police Using RPA Tech to Disrupt Scams

12/01/2024

RPA technology has enabled the Police to automate information sharing, information processing, and the mass distribution of SMS alerts.

Sustainable Finance

Taiwan FSC Launches Dedicated Website for Sustainable Finance

12/01/2024

The new website collects information related to sustainable finance policies, statistical data, relevant regulations, evaluations, and education and training.

Anti-Bribery & Corruption

Software Giant SAP to Pay Over $220m to Resolve FCPA Violations

12/01/2024

SAP paid bribes to government officials in South Africa, Indonesia, Malawi, Kenya, Tanzania, Ghana and Azerbaijan.

Custody & Infrastructure

MAS Grants In-principle Licence Approval to Crypto Custody Firm BitGo

12/01/2024

BitGo already obtained a New York trust charter in 2021 and a BaFin crypto custody licence in November 2023.

Conduct, Culture & Accountability

IIA Releases New Global Internal Audit Standards

10/01/2024

The Standards will help elevate the quality of internal auditing and enhance the internal audit function’s role as a partner to boards and senior management.