Europe

Sanctions

OFSI Publishes Threat Assessment for Legal Services Sector

By Manesh Samtani | 06/04/2025

OFSI says it is “highly likely” that trust and company service providers have not self-disclosed all suspected sanctions breaches.

Capital / Liquidity

EU Commission Reconsiders FRTB Implementation Plan

By Manesh Samtani | 27/03/2025

The EU Commission is considering postponing implementation by an additional year or applying a set of targeted amendments for a three-year period.

Sanctions

UK Imposes Human Rights Sanctions on Four Sri Lankans

By Manesh Samtani | 25/03/2025

The four individuals committed extrajudicial killings, torture and/or perpetration of sexual violence during the Sri Lanka civil war

Market Infrastructure

EU Adopts Amended BMR, Easing Access to Foreign Benchmarks

By Manesh Samtani | 25/03/2025

The amended BMR will ensure benchmarks published in Asia and other third countries can continue to be used in the EU to hedge interest rate and FX risks.

ESG / Sustainability

China to Issue CNY-Denominated Green Bonds in London

By Mark Johnston | 21/03/2025

China’s first CNY sovereign green bond in London seeks global investment for the country’s ambitious climate targets.

AML / KYC

Europol Report Flags Asia as Key Hub for Financial Crime

By Thisanka Siripala | 20/03/2025

Organised crime groups are leveraging Asia’s financial networks, trade zones, and digital platforms to move illicit funds globally, a new report states.

AML / KYC

US, EU Authorities Shut Down Russian Crypto Exchange Garantex

By Manesh Samtani | 09/03/2025

The takedown operation came after the EU sanctioned Garantex, prompting Tether to block wallets on the platform holding more than $26mn.

AML / KYC

EBA Consults on Technical Standards for AML Framework

By Nithya Subramanian | 07/03/2025

The proposed standards cover criteria for direct supervision, risk assessment methodology, CDD requirements, and enforcement measures.

Sanctions

US-made Goods Being Diverted to Russia via India – Report

By Manesh Samtani | 27/02/2025

Shipments to India from Boeing, Airbus and dozens of other Western companies have been making their way to Russia.