Sanctions

US, UK Sanction Iran Over Missile Delivery to Russia

11/09/2024

The UK, France and Germany will also cancel air services arrangements with Iran, restricting Iran Air’s ability to fly into the UK and Europe.

Securities / Derivatives

CSRC to Bar Departing Senior Officials from IPOs for 10 Years

10/09/2024

The prohibitions would apply to CSRC and stock exchange officials, as well as their parents, spouses, children, and children’s spouses.

China Loosens Foreign Investment Restrictions in Manufacturing, Healthcare

10/09/2024

China will pilot a programme to allow foreign investors to set up wholly-owned hospitals in Hainan province and eight cities including Beijing and Shanghai.

ESG / Sustainability

BIS, NGFS Developing Enhanced Climate Risk Data Platform

10/09/2024

The NGFS Data Directory 2.0 aims to enhance how the financial sector accesses and utilises climate risk data.

Capital / Liquidity

RBNZ Sheds Light on Conceptual Framework for Promoting Resilience

10/09/2024

Deputy Governor Christian Hawkesby described the framework used to promote financial stability while simultaneously fostering innovation and competition.

Korea FSS Starts Inspections of Debt Collection Practices

10/09/2024

On-site inspections will be conducted at 30 loan companies nationwide to assess whether they are using unlawful collection practices.

Sanctions

Moldovan Banks Stop Accepting Money Transfers from Russia

10/09/2024

The four remaining Moldovan banks that were still accepting transfers via Russia’s Zolotaya Korona system have stopped doing so.

Sanctions

Russia Blocks Sale on Stake in Raiffeisen’s Local Bank – Report

10/09/2024

Raiffeisen Bank International will attempt to reverse the decision, which represents the biggest freeze involving a Western bank in Russia.

Sanctions

US Lawmakers Accuse Iraq of Facilitating Iran Sanctions Evasion

09/09/2024

Five US members of Congress claim Iraqi officials are involved in “industrial-scale sanctions evasion” on behalf of the Iranian regime.