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CBDCs
US President Calls for Comprehensive Approach to Digital Assets
By Editors | 10/03/2022
The US Treasury and other agencies are directed to submit a series of reports within six months recommending a policy approach for digital assets.
PEPs & Sanctions
Russia Warns of “Swift” Response to US Energy Import Ban
By Manesh Samtani | 10/03/2022
EU adds 160 names to sanctions list, extends SWIFT ban to Belarus; New Zealand passes Russia Sanctions Bill. Fitch projects “imminent” sovereign default.
PEPs & Sanctions
US Ramps Up Russia Pressure With Energy Import Ban
By Manesh Samtani | 09/03/2022
Russian energy will no longer be accepted at US ports and will be phased out in the UK and EU. New sanctions imposed by APAC jurisdictions.
PEPs & Sanctions
Australia Sanctions More Russians Over Disinformation Campaign
By Editors | 08/03/2022
Australia’s sovereign wealth fund, Future Fund, is reportedly trying to divest AUD 200 million of holdings in Russian companies.
PEPs & Sanctions
Japan to Freeze More Russian Assets, Block More Exports
By Editors | 08/03/2022
Japan has added 32 Russian and Belarusian officials and oligarchs to its sanctions list and will freeze the assets of an additional four banks.
PEPs & Sanctions
US Lawmakers Ask HSBC to Justify HK Account Freezes
By Ranamita Chakraborty | 08/03/2022
A letter from a bipartisan group of US lawmakers asks HSBC to justify its actions to freeze the accounts of activists, independent media, and civic groups in Hong Kong.
Anti-Money Laundering
BOT Extends Deadline for PayPal’s AML Compliance to Year-End
By Sanday Chongo Kabange | 08/03/2022
PayPal was scheduled to suspend most services for Thai consumers from 7 March as part of a relaunch of its services to comply with local regulations.
Payments & Settlements
Russian Banks Moving to China UnionPay for Card Issuance
By Manesh Samtani | 08/03/2022
Visa, Mastercard and American Express have all announced decisions to suspend their operations in Russia due to its invasion of Ukraine.
PEPs & Sanctions
S. Korea Imposes Additional Sanctions Against Russia
By Editors | 08/03/2022
The government is also making available KRW 2 trillion in emergency lending support to Korean businesses impacted by the ongoing crisis in Ukraine.
Fraud, Scams & Cybercrime
IMDA Starts Onboarding Banks to New SMS SenderID Registry
By Editors | 08/03/2022
IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.
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