Capital / Liquidity

PBOC Establishes Re-lending Facility to Support Tech Innovation

08/04/2024

The CNY 500 billion facility will be used to support sci-tech innovation, technical transformation and equipment renewal.

AML / KYC

US, China Secure New Agreement to Cooperate on AML

07/04/2024

Janet Yellen said the US and China will share best practices and provide updates on the actions being taken to close loopholes.

Sanctions

Japan Adds 164 More Items to Russia Export Ban List

07/04/2024

The new export restrictions and a new diamond import ban will take effect from 17 April and 10 May, respectively.

Crypto / Digital Assets

Australian Firm Seeks to List Spot Bitcoin ETF on Cboe

06/04/2024

The “Monochrome Bitcoin ETF”, if approved, will become Australia’s first spot bitcoin ETF with direct bitcoin holdings.

Enforcement

US Jury Finds Terraform Labs, Do Kwon Liable for Fraud

06/04/2024

Terraform Labs and founder Do Kwon deceived investors about its algorithmic stablecoin UST, a jury found after a nine-day trial.

Crypto / Digital Assets

US Court Jails Bulgarian National Over “OneCoin” Fraud

06/04/2024

Irina Dilkinska assisted in running OneCoin’s day-to-day operations and laundered fraudulently obtained proceeds to the Cayman Islands.

Capital / Liquidity

China Relaxes Loan Rules to Boost Auto Consumption

06/04/2024

Financial institutions can extend loans for new vehicles with no down payment, depending on the buyer’s creditworthiness.

ESG / Sustainability

US SEC Pauses Implementation of New Climate Disclosure Rules

06/04/2024

The SEC issued an order to stay the new climate-related disclosure rules pending the resolution of six cases challenging their validity.

Enforcement

Two Men Admit to Conspiracy to Export Aircraft Parts to Russia

05/04/2024

The two Russian nationals falsely claimed the parts were intended for countries other than Russia. US authorities stopped multiple shipments.