Financial Crime

PEPs & Sanctions

China Adds 28 US Companies to Export Control List

By Editors | 06/01/2025

Ten of the companies were also added to China’s “unreliable entities” list. MOFCOM is separately considering restricting the export of battery tech.

PEPs & Sanctions

Russia-EU Gas Flows via Ukraine Come to a Halt

By Editors | 06/01/2025

The European Commission said most EU states could cope with the change. Gazprom will lose around $5bn in annual gas sales.

Anti-Money Laundering

Regulation Asia: Top 10 Contributed Articles for 2024

By Editors | 05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

Payments & Settlements

India to Implement Payee Name Checking on RTGS, NEFT by April

By Editors | 05/01/2025

Banks have until 1 April 2025 to implement the beneficiary account name look-up facility for RTGS and NEFT transfers.

Anti-Money Laundering

China Consults on Draft CFT rules for Social Organisations

By Editors | 05/01/2025

Under the rules, social organisations have to undertake periodic TF risk assessments and implement risk prevention measures commensurate with their TF risks.

PEPs & Sanctions

US Sanctions Iranian, Russian Entities for Election Interference

By Editors | 04/01/2025

OFAC said affiliates of Iran’s IRGC and Russia’s GRU aimed to stoke socio-political tensions and influence the 2024 US election

PEPs & Sanctions

Thailand Works to Address Risks of Myanmar Transactions

By Manesh Samtani | 04/01/2025

No evidence was found that transactions with Myanmar were linked to weapons purchases. A new sanctions policy has been issued.

Cybersecurity

BIS Proposes Rule to Address Foreign Threats in Commercial Drone Market

By Editors | 04/01/2025

The proposed rule seeks to safeguard the supply chain for unmanned aircraft systems or drones against foreign adversarial influences.

Market Abuse

PBOC Fines Three FIs for ‘Abnormal’ Bond Trading Behaviour

By Editors | 04/01/2025

Concerns are being raised about the capabilities of small and midsize firms to appropriately manage interest rate risk