United States

ESG / Sustainability

US Treasury Publishes Net Zero Guidance for Financial Institutions

By Editors | 19/09/2023

Adherence will help promote consistency and credibility in how financial institutions implement their net-zero commitments, Treasury said.

Enforcement

US Court Jails Former Deutsche Bank Exec for Crypto Fraud

By Mark Johnston | 19/09/2023

Rashawn Russell, who operated a fake cryptocurrency investment fund and an identity theft scheme, was sentenced to 30 years in prison.

Sanctions

OFAC Sanctions Iran’s Former President, Intelligence Ministry

By Editors | 19/09/2023

The sanctions were announced after the completion of a prisoner swap, which saw five US citizens released from Iranian detention.

Sanctions

US and Allies Impose New Wave of Sanctions Against Iran

By Editors | 18/09/2023

The sanctions by the US, UK, Canada and Australia come one year after the death of Mahsa Amini while in the custody of Iran’s Morality Police.

Sanctions

G7 Plans to Ban Imports of Russian Diamonds – Report

By Mark Johnston | 17/09/2023

The move is part of efforts to reduce Russia’s revenues and pressure it to end its war in Ukraine.

AML / KYC

Philippine SEC Teams Up With US Counterpart, IOSCO to Tackle Securities-related Crime

By Editors | 15/09/2023

The Philippines SEC is looking to strengthen its enforcement capabilities to protect investors from securities fraud and other forms of investment scams.

Big Picture

Crypto Leaders Call For Prioritising the ‘Basics’ in Regulation

By Ranamita Chakraborty | 15/09/2023

Ripple CEO Brad Garlinghouse, BitGo CEO Mike Belshe and OKX president Hong Fang discuss the need for clear regulatory priorities in the evolving crypto landscape during a panel discussion at the Token2049 Singapore conference.

Sanctions

US Government Unveils 150 New Russia-related Sanctions

By Editors | 15/09/2023

The sanctions include two more Russia-based banks along with several Russia-based wealth management consulting, auditing, and investment firms.

Sanctions

US to Tighten Foreign Investment Scrutiny Amid China Concerns

By Mark Johnston | 15/09/2023

CFIUS will increase its compliance checks, questions, and site-visits, and hire more third-party auditors to identify deals that could impact national security.