Sanctions

China Responds to US Export Controls With Retaliatory Measures

04/12/2024

Exports of gallium, germanium, antimony and superhard materials to the US are banned. Graphite exports will be subject to stricter controls.

Enforcement

OFAC Fines German Firm for Conspiracy to Violate Iran Sanctions

04/12/2024

OFAC said Aiotec GmbH conspired over four years to cause a US company to buy and ship an entire polypropylene plant from Australia to Iran.

Market Infrastructure

New Rules for Foreign Strategic Investments Take Effect in China

04/12/2024

The new rules will make it easier for foreign investors, including natural persons, to make “strategic investments” in domestically listed companies.

Securities / Derivatives

Thai Stock Exchange Unveils New Three-year Strategic Roadmap

04/12/2024

The roadmap includes a value-creation platform for listed companies, extended trading hours for certain products, and a platform enabling retail access to government bonds.

Securities / Derivatives

ASX Proposes Changes to Default Management Rules

04/12/2024

ASX proposes amendments to enable ASX Clear to auction off a defaulted clearing participant’s cash and derivatives market positions.

Securities / Derivatives

TPEx to Launch Co-branded Indices With ICE Data Indices

04/12/2024

New index-based products are expected to be launched in Q1 2025, providing Taiwan investors with a broader selection of passive investment options.

Enforcement

Former CEO of Celsius Network Pleads Guilty on Fraud Charges

04/12/2024

Alex Mashinsky misled investors about the financial condition of Celsius and used customer funds to manipulate the value of a digital token the company issued.

Sanctions

US Sanctions 14 Entities, 21 ‘Shadow Fleet’ Vessels Used by Iran

04/12/2024

The vessels targeted mostly have Panama or Cook Islands flags. The entities targeted are based in China, India, Hong Kong, and six other countries.

Sanctions

OFAC Announces Magnitsky Sanctions Targeting Former Uzbekistan Officials

04/12/2024

The three former officials were involved in human trafficking and physical and sexual violence against children at a state-run orphanage.