Sanctions

US, Canada, New Zealand Target Belarus With New Sanctions

10/08/2023

The coordinated sanctions come on the three-year anniversary of a presidential election which Alexander Lukashenko won by allegedly falsifying votes.

Global Law Firm Dentons to Split Off China Operations

10/08/2023

The move is a response to “new mandates and requirements relating to data privacy, cybersecurity, capital control and governance”.

AML / KYC

US Senators Reintroduce Digital Asset Anti-Money Laundering Act

10/08/2023

The bill, if enacted, would require firms to start reporting crypto transactions exceeding $10,000 after 18 months.

ESG / Sustainability

New Zealand: FMA Official Tackles Greenwashing Concerns

10/08/2023

FMA executive director Paul Gregory addressed greenwashing in funds industry, focusing on regulatory perspectives on fair dealing and members’ interests.

AML / KYC

US Issues Executive Order to Further Limit Investment in Chinese Tech

10/08/2023

The order targets investments in advanced computer chips, microelectronics, quantum information technologies, and artificial intelligence.

Securities / Derivatives

SEBI Shortens Share Listing Timeline for Public Issuances

10/08/2023

SEBI reduces share listing timeline for public issues from T+6 to T+3 to enhance capital market efficiency.

Capital / Liquidity

APRA Removes Liquidity Add-on for Bendigo and Adelaide Bank

10/08/2023

APRA applied a ten percent add-on to the net cash outflow component of Bendigo’s LCR calculation in October 2020.

AML / KYC

Cambodia to Leverage Indonesia Experience to Strengthen Non-Bank Financial Sectors 

10/08/2023

The MoU will help Cambodia enhance its non-bank financial services sectors, focusing on knowledge exchange and collaborative development.

Sanctions

US Treasury Clarifies Stance on Humanitarian Aid to Syria under Sanctions

09/08/2023

The guidance is the latest in a series of OFAC actions aimed at clarifying the US government’s stance on humanitarian trade.