Sanctions

Iran Court Allows Confiscation of US Oil in Response to Sanctions

10/03/2024

Proceeds from the confiscated oil will be used to compensate victims of a rare skin disease who have been unable to access certain medical items due to US sanctions.

Sanctions

Canada Announces New Iran Sanctions for Human Rights Abuses

10/03/2024

The sanctions target two individuals for their participation in the “violent repression of Iranian citizens, targeting in particular women and girls”.

Market Infrastructure

US Fed Updates OpRisk Rules for Major Clearing Organisations

10/03/2024

Designated clearing and settlement utilities are required to establish an incident management framework and advance their cyber resilience capabilities.

AML / KYC

INTERPOL Updates Guidance on AI Innovation in Law Enforcement

10/03/2024

The updated toolkit provides additional guidance for law enforcement agencies on AI governance, ethics and strategy development.

Crypto / Digital Assets

UK Consults on Implementation of Crypto-Asset Reporting Framework

10/03/2024

HM Treasury proposes to enact rules in 2026 to enable the first information exchanges under CARF to start in 2027.

Securities / Derivatives

Vietnam: HoSE Commences Trial Run of New Trading System

10/03/2024

Deployment was initially planned for 2015, but the project has faced delays and setbacks, including the pandemic, extending the rollout to nearly ten years.

ESG / Sustainability

OJK Indonesia Launches Climate Risk Guidance for Banks

10/03/2024

The guidance comprises six books that aim to standardise climate risk management frameworks at banks and establish uniform scenarios and methodologies.

Securities / Derivatives

Thai Exchanges Adjust Market Hours to Align With Regional Counterparts

10/03/2024

The SET, mai, and TFEX will open their afternoon trading sessions 30 minutes earlier to better align with regional markets.

Market Infrastructure

EU Agrees Measures to Boost Cyber Defence Capabilities

09/03/2024

The EU will introduce a pan-European cyber security alert system, a cybersecurity emergency mechanism, and certification schemes for managed security services.