KYC & CDD

New Zealand Regulators Issue Updated CDD Guidelines

03/05/2024

Updated guidelines on beneficial ownership, company CDD, and enhanced CDD. New guideline on CDD for limited partnerships.

Cryptocurrency

Australian Court Rules in ASIC’s Favour in ‘Qoin Wallet’ Case

03/05/2024

The ruling is the first court outcome against a non-cash payment facility involving crypto, ASIC’s Joe Longo noted.

Structural Regulation

CSRC Issues Guidelines for Listing Transfers to Beijing Exchange

03/05/2024

The guidelines focus on transfers of listings from the NEEQ to improve the overall quality of BSE-listed companies.

Trading & Investment

Indonesia OJK Issues New Short Selling Regulations

03/05/2024

OJK said the regulations will ensure robust risk management and regulatory compliance by securities companies.

Anti-Bribery & Corruption

Australia Consults on Anti-Foreign Bribery Guidance

03/05/2024

The consultation follows the passage of legislation in February to introduce the new “failure to prevent” foreign bribery offence.

PEPs & Sanctions

US Senators Raise Concerns Over Iran’s Crypto Mining

03/05/2024

A letter from two US senators asks government officials about the steps being taken to address Iranian crypto mining and sanctions evasion.

PEPs & Sanctions

Russian Court Cancels Part of JPMorgan Freeze Order

03/05/2024

The majority of JPMorgan’s funds in Russia cannot be seized as they are held in so-called “type C” accounts.

PEPs & Sanctions

OFAC Sanctions New Targets for Helping Hizballah Money Exchanger

02/05/2024

Five individuals and two entities were sanctioned for helping a previously-designated money exchanger to evade sanctions, OFAC said.

Reporting & Disclosures

New Zealand XRB Establishes Sustainability Reporting Board

02/05/2024

The new technical committee will advise the XRB on New Zealand’s Climate Standards and the development of a voluntary, non-financial reporting framework.