ADVERTISEMENT
United States
PEPs & Sanctions
OFAC Sanctions Four Russians Linked to Alfa Group
By Editors | 14/08/2023
The four individuals have already been sanctioned by Australia, Canada, the EU, New Zealand, and the UK.
PEPs & Sanctions
Korea Unfreezes Iranian Funds as Part of US Prison Swap Deal
By Editors | 14/08/2023
$7bn of Iran’s funds have been frozen in South Korea since May 2019, after sanctions waivers for oil imports were allowed to expire.
Fraud, Scams & Cybercrime
US Judge Revokes Bankman-Fried Bail for Witness Tampering
By Editors | 13/08/2023
Sam Bankman-Fried gave documents to journalists and tried to interfere with witnesses. He was taken to jail on Friday.
Anti-Bribery & Corruption
US, UK, Canada Sanction Former Governor of Lebanon Central Bank
By Editors | 11/08/2023
The former governor and his close associates were sanctioned for “corrupt acts” that contributed to Lebanon’s economic crisis.
Cryptocurrency
US SEC to Settle Case Against Crypto Firm Bittrex for $24m
By Editors | 11/08/2023
Bittrex and its co-founder and former CEO agreed to settle the SEC case for $24mn. The firm previously said it was exiting the US market due to a lack of regulatory clarity.
PEPs & Sanctions
US, Canada, New Zealand Target Belarus With New Sanctions
By Editors | 10/08/2023
The coordinated sanctions come on the three-year anniversary of a presidential election which Alexander Lukashenko won by allegedly falsifying votes.
Anti-Money Laundering
US Senators Reintroduce Digital Asset Anti-Money Laundering Act
By Editors | 10/08/2023
The bill, if enacted, would require firms to start reporting crypto transactions exceeding $10,000 after 18 months.
Reporting & Disclosures
S&P Global Ratings Stops Providing ESG Credit Indicators
By Ranamita Chakraborty | 10/08/2023
With immediate effect, the impact of ESG factors on a borrower’s creditworthiness will now be conveyed through narrative paragraphs in the rating agency’s reports.
AI Risk & Governance
US Issues Executive Order to Further Limit Investment in Chinese Tech
By Editors | 10/08/2023
The order targets investments in advanced computer chips, microelectronics, quantum information technologies, and artificial intelligence.
Stablecoins
Fed Unveils New Supervision Programme for Banks Engaging With Crypto
By Manesh Samtani | 10/08/2023
The Fed requires banks to obtain a written notification of supervisory nonobjection before engaging in activities involving stablecoins.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.