United States

PEPs & Sanctions

OFAC Unveils New Sanctions Against Iranian Cyber Actors

By Editors | 24/04/2024

Two entities and four individuals were sanctioned for the roles in targeting US entities with ransomware, spear phishing and malware attacks.

PEPs & Sanctions

JPMorgan Sues Russia’s VTB Over Blocked Funds – Report

By Editors | 23/04/2024

JPMorgan said VTB Bank has filed a lawsuit in Russia that may enable it to seize the US bank’s assets abroad.

Supervision & Enforcement

Bankman-Fried to Help Investors Pursue Celebrities Who Endorsed FTX

By Nithya Subramanian | 23/04/2024

Sam Bankman-Fried has agreed to help a group of investors pursue civil claims against celebrity endorsers of FTX, potentially freeing himself from civil liability.

Cryptocurrency

Thailand to Start Blocking Unlicensed Crypto Providers

By Sanday Chongo Kabange | 23/04/2024

Thailand’s SEC and MDES will start blocking unlicensed digital asset platforms in the country to curb money laundering and online crime.

Market Abuse

US Jury Convicts Mango Markets Trader for Crypto Manipulation

By Nithya Subramanian | 23/04/2024

Avraham Eisenberg was found guilty in the first US prosecution involving the manipulation of cryptocurrency through open-market trades.

Trading & Investment

NYSE Considers Introducing Round-the-clock Stock Trading

By Editors | 22/04/2024

NYSE is surveying the market on whether round-the-clock trading should take place only through the five-day work week or over weekends as well.

Trading & Investment

Philippines Scraps Minimum Commission Rule for Stockbrokers

By Sanday Chongo Kabange | 21/04/2024

The SEC says the removal of the minimum commission requirement will boost stock market activity and draw in retail investors.

PEPs & Sanctions

OFAC Penalises Thai Petrochemical Firm for Sanctions Violations

By Editors | 21/04/2024

A unit of a Siam Cement Group subsidiary obfuscated the Iranian origin of polyethylene resin, causing US banks to unknowingly process transfers that violated sanctions.

Reporting & Disclosures

ISDA Offers Recommendations to Address Greenwashing in VCMs

By Editors | 21/04/2024

Firms should improve third-party oversight and monitoring in respect of the due diligence being done on VCCs, protocol quality, rating programmes and advisors.