United States

Anti-Money Laundering

13 FIUs Establish Task Force to Disrupt Terrorist Financing

By Editors | 28/11/2023

The FIUs including FinCEN, UKFIU, AUSTRAC, and NZFIU established the task force last month but is publicly recognising its formation now.

Fraud, Scams & Cybercrime

Montenegro Court Approves Extradition of Terra Founder

By Mark Johnston | 27/11/2023

The court said both South Korea and the US have met Montenegro’s legal requirements for Do Kwon’s extradition.

Anti-Money Laundering

Binance Founder Allowed to Return to UAE Until Sentencing

By Mark Johnston | 24/11/2023

The DOJ has appealed the decision to allow Changpeng Zhao to leave the US until sentencing on 23 February 2024.

PEPs & Sanctions

US Jury Convicts Two Individuals for Attempting to Export Iranian Oil to China

By Editors | 23/11/2023

The individuals were accused of conspiring to violate US sanctions through a scheme to sell Iranian-origin petroleum to a Chinese buyer via shell companies.

PEPs & Sanctions

FinCEN Hosts US Banks for Discussion on Russian Export Controls Evasion

By Editors | 23/11/2023

Readout from FinCEN forum includes a list of guidance documents to help financial institutions detect and report transactions related to suspected export controls evasion.

Trading & Investment

Thai SEC Directs Stock Exchange to Tighten Short Selling Rules

By Mark Johnston | 23/11/2023

The regulator asked the SET to enforce stricter rules on short selling transactions, amid concerns of naked short selling in the market.

Cryptocurrency

Crypto Firm Bittrex Global Announces Decision to Cease Operations

By Sanday Chongo Kabange | 22/11/2023

While Bittrex Global did not specify a reason for the decision, regulatory uncertainty is seen as the biggest factor.

Trading & Investment

TAIFEX Partners CME Group, Nasdaq to Launch Semiconductor Futures

By Editors | 22/11/2023

New contract will make TAIFEX the only non-US exchange to list futures for four major US equity indexes.

Anti-Money Laundering

US Authorities Secure Multi-Billion Dollar Settlement from Binance

By Editors | 21/11/2023

Binance CEO Changpeng Zhao stepped down as part of the settlement with DOJ, FinCEN, OFAC and CFTC. SEC case not mentioned.