United States

Jay Clayton had previously defended voluntary ESG disclosures as opposed to mandatory, insisting that flexible requirements would be effective.

The decision was made in light of Executive Order 13959, which was signed in November, and updated guidance provided by OFAC in January.

In a new paper, DTCC outlines plans to modernise post-trade processes and facilitate an industry-wide shift to T+1 settlement in the equities market.

Reducing the settlement cycle to T+1 could reduce the NSCC's value-at-risk clearing fund charge by 30-40 percent for sample portfolios, DTCC said.

Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.

Human Rights Watch is calling for economic sanctions, travel bans and asset freezes for leaders of Myanmar's military, military business conglomerates and the new governing body.

BitPay is said to have enabled individuals in sanctioned jurisdictions to engage in $129,000 worth of digital currency-related transactions with its merchant customers.

The framework sets out ten principles to inform the policymaking process and catalyse the transition to a more sustainable and inclusive low-carbon economy.

The federal judge ruled that a group of asset managers are not required to return $501mn that Citigroup mistakenly paid early on behalf of Revlon last August.

FINRA fined HSBC Securities $650,000 for failing to screen 2,191 non-registered associated persons for statutory disqualification.