Securities / Derivatives

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.

AML / KYC

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.

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.

Enforcement

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.

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.

ESG / Sustainability

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.

Fintech / Regtech

BIS to Develop AI Solution for Assessing Cyber Resilience

02/05/2024

The solution will be able to collect and analyse data to assess the cyber security and resilience maturity of a country’s financial sector.

Sanctions

US Sanctions Over 280 Targets for Supporting Russia

01/05/2024

The targets include companies in Azerbaijan, Belgium, China, Hong Kong, Russia, Slovakia, Turkey, the UAE, and Russia.

Capital / Liquidity

PBOC Directs Banks to Cut Exposures to Long Duration Bonds

01/05/2024

The PBOC sees a mismatch between market prices and the economic outlook, and is trying to prevent further downward pressure on the yuan.