PEPs & Sanctions

OFAC Sanctions Leader of Sudan’s Rapid Support Forces

08/01/2025

Secretary of State Antony Blinken said the US government has determined that the RSF has “perpetrated genocide” in Sudan

Payments & Settlements

CPMI Announces Next Steps to Promote ISO 20022 Harmonisation

08/01/2025

CPMI will establish a joint panel to encourage global adoption of the harmonised ISO 20022 data requirements published in October 2023

Market Abuse

CFTC Settles Lawsuit Against Crypto Exchange Gemini for $5m

08/01/2025

The CFTC’s 2022 lawsuit had accused Gemini of providing inaccurate information about the manipulation risks of a proposed Bitcoin futures product

PEPs & Sanctions

US Adds Dozens More Chinese Tech Firms to Military Blacklist

08/01/2025

The new additions include Tencent, CATL, COSCO and others, alleging they work with China’s military and support its modernisation efforts.

PEPs & Sanctions

US Adds Myanmar and China-based Companies to Entity List

07/01/2025

11 entities were added for supporting China’s military. Telecom provider Mytel was added for enabling surveillance of Myanmar people.

Trading & Investment

Philippine SEC Proposes Draft Framework for Sukuk Bonds

07/01/2025

Companies can only issue sukuk through special purpose vehicles created specifically for such issuances.

PEPs & Sanctions

OFAC Fines Aviation Products Supplier for Russia Shipments

07/01/2025

OFAC attributed the violations to the firm’s failure to rescreen customers after their SDN designation, and inadequate sanctions compliance procedures

Conduct, Culture & Accountability

China Issues New Compliance Management Rules for FIs

07/01/2025

The new rules elevate the chief compliance officer role to a senior management position at all FIs nationwide.

PEPs & Sanctions

US Eases Some Restrictions on Transactions in Syria

07/01/2025

Transactions with governing institutions in Syria allowed “even if a designated individual has a leadership role in that governing institution”