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”

Cloud & Infrastructure

Taiwan FSC Establishes New Division to Promote Innovation

07/01/2025

The division will focus on formulating policy relating to fintech and innovation, green and transition finance, and financial market development.

Anti-Bribery & Corruption

Najib Razak House Arrest Claim Allowed to Proceed

07/01/2025

Najib Razak will claim that Malaysia’s former king issued a decree allowing the former PM to serve the rest of his jail term under house arrest.

Tokenisation

OCBC Launches First Sale of ‘Bespoke’ Tokenised Bonds

07/01/2025

OCBC said the bonds are structured based on the investor’s desired tenor and yield before being minted

Sustainable Finance

Chinese Exchanges Revise Guidelines to Promote Special Bond Types

07/01/2025

The revisions aim to promote sci-tech innovation bonds, green bonds, rural revitalisation bonds, SME support bonds, and short-term bonds.

Anti-Money Laundering

US Authorities Target US Clients of Trident Trust in Global Tax Probe

07/01/2025

US court order will require US entities of Trident Trust to reveal the identities of US taxpayer clients who used its services.

Supervision & Enforcement

HK Court Fines Solicitor for Breaching SFO Secrecy Provision

07/01/2025

This is the first time a Hong Kong practicing solicitor has been convicted for contravening the secrecy provision under the SFO.

Cloud & Infrastructure

Taiwan and Lithuania Sign MOU on Financial Services Innovation

06/01/2025

The MOU allows both sides to exchange information and cooperate on innovation in financial services.

PEPs & Sanctions

OFAC Sanctions Chinese Firm for Supporting Hacker Group

06/01/2025

OFAC said the cybersecurity firm, by supporting a Chinese state-sponsored hacker group, was complicit in activities that threatened US national security