International

ESG / Sustainability

UNEP FI Launches Human Rights Toolkit for Financial Institutions

By Thisanka Siripala | 30/01/2025

The toolkit offers step-by-step guidance to help financial institutions integrate human rights considerations into their operations

Sanctions

Five Indicted in DPRK Remote IT Worker Fraud Case

By Editors | 30/01/2025

The indictment targets five individuals including two US nationals who operated “laptop farms” at their residences

Sanctions

EU Imposes Cyber Sanctions Against Three Russian Actors

By Editors | 29/01/2025

The individuals listed were responsible for the theft of thousands of confidential documents from Estonia in 2020

Market Infrastructure

GFXC Issues Revised FX Global Code to Improve Transparency

By Manesh Samtani | 28/01/2025

The revisions promote transparency around the sharing of client-generated data and provide further guidance on controlling FX settlement risk

ESG / Sustainability

Bloomberg Philanthropies to Fund UN Climate Body After US Withdrawal

By Thisanka Siripala | 28/01/2025

Bloomberg Philanthropies and other US climate funders will fund the UNFCCC to offset the financial shortfall caused by the US withdrawal

Sanctions

UK, Canada Impose Sanctions on Belarus Over “Sham” Election

By Editors | 28/01/2025

The UK and Canada sanctioned those responsible for “human rights violations” and companies that support Russia’s war in Ukraine.

Sanctions

Russia Proposes Jail for Disclosure of Sanctions Circumvention Methods

By Editors | 27/01/2025

The draft law reportedly points to websites that disseminate leaked customs data and information in the media about logistics schemes for delivering sanctioned goods.

Australia, Malaysia Auditors Asked for Input on IFRS Agenda

By Thisanka Siripala | 27/01/2025

Financial reporting professionals in Australia and Malaysia are asked to help inform the IASB’s future work to improve the IFRS.

Sanctions

Russian Court Orders Raiffeisen to Pay €2b in Damages

By Editors | 26/01/2025

Russian lawmakers also working on legislation that will enable outright confiscation of assets belonging to any individual or company from an “unfriendly” country