Enforcement

Former Bank of China Chairman Pleads Guilty to Bribery Charges

25/04/2024

Liu Liange facilitated CNY 3.32 billion in loans to enterprises that did not meet the relevant requirements, resulting in losses of over CNY 190 million.

Sanctions

Russian Court Orders Seizure of JPMorgan Assets

25/04/2024

State-owned VTB Bank filed the lawsuit in an attempt to recover USD 439.5 million in funds that were frozen by JPMorgan due to sanctions.

Sanctions

Pakistan, Iran Agree to ‘Expeditiously’ Finalise Trade Agreement

25/04/2024

Pakistan and Iran aim to increase bilateral trade, cooperate on energy, and complete a gas pipeline project. The US has warned Pakistan of the risk of sanctions.

ESG / Sustainability

Korea to Release Draft ESG Disclosure Standards Next Week

24/04/2024

The standards will make climate-related disclosures mandatory and non-climate-related ESG elements voluntary.

Securities / Derivatives

China to Enhance Capital Market Access for Tech Firms

24/04/2024

New measures aim to drive investment in domestic tech firms through IPOs, M&A, bond issuance, and PE/VC investments, including by foreign institutions.

Capital / Liquidity

New Zealand Announces Reforms to Improve Access to Loans

24/04/2024

The government will revoke the affordability regulations introduced in 2021 and improve dispute resolution, among other measures.

Securities / Derivatives

ASX Seeks Feedback on Potential Move to T+1 Settlement Cycle

24/04/2024

ASX is seeking industry feedback on the impacts of transitioning from T+2 to T+1 settlement in Australia.

Sanctions

Venezuela’s PDVSA to Hasten Move to USDT to Mitigate Sanctions

24/04/2024

USDT issuer Tether said in response that it respects the SDN list and will block payments made to sanctioned entities.

Sanctions

OFAC Unveils New Sanctions Against Iranian Cyber Actors

24/04/2024

Two entities and four individuals were sanctioned for the roles in targeting US entities with ransomware, spear phishing and malware attacks.