Europe

    image

    Sanctions

    EU, US, UK to Respond to Death of Top Putin Critic With Sanctions

    By Editors | 20/02/2024

    Aleksei Navalny, who survived a poisoning four years ago, died in a remote Arctic prison where he was serving a three-decade sentence.

    image

    Enforcement

    BaFin Warns Deutsche Bank Over Transaction Monitoring Systems

    By Mark Johnston | 19/02/2024

    The mandate of a special monitor appointed in 2018 is being extended until end-October to oversee efforts to enhance the bank’s systems for processing transaction data.

    image

    BSP, Deutsche Bundesbank Sign MOU on Capacity Building

    By Mark Johnston | 19/02/2024

    Philippines’ BSP and Germany’s Bundesbank signed an MOU to enhance capacity-building efforts through tailored training and advisory services.

    image

    AML / KYC

    NatWest to Claw Back Bonuses from Ex-Staff Over 2021 AML Fine

    By Editors | 18/02/2024

    Malus, clawback or reduction notices will be applied to ten individuals who were in role when the failures occurred but have since left NatWest.

    image

    Enforcement

    Former Goldman Analyst Jailed in the UK for Insider Trading

    By Editors | 18/02/2024

    Mohammed Zina used sensitive information about deals Goldman was advising on to trade shares in six companies.

    image

    AML / KYC

    FCA Calls on Industry to Take Lead in Combatting Financial Crime

    By Ranamita Chakraborty | 15/02/2024

    The FCA is urging regulated firms to utilise technology advancements and upgrade their systems to match the sophistication of criminals.

    image

    Sanctions

    Swiss Commodity Firms Under Probe for Russia Sanctions Breaches

    By Editors | 15/02/2024

    Two commodity trading firms were referred to prosecutors for allegedly using Middle East subsidiaries to circumvent Swiss sanctions against Russia.

    image

    Sanctions

    France Announces Sanctions Against “Extremist” Israeli Settlers

    By Editors | 14/02/2024

    The move prohibits 28 individuals from entering France, which plans to also pursue sanctions against Israeli settlers at the European level.

    image

    Sanctions

    EU Proposes to Apply Trade Curbs to Some Chinese Firms

    By Editors | 14/02/2024

    The current draft sanctions package includes three mainland companies which EU firms would not be allowed to trade with.

    image

    ESG / Sustainability

    LME Facing Lawsuit Over “Dirty Metals” Sourced from Indonesia

    By Editors | 14/02/2024

    The case could force the LME to revisit its rules for listing metals for trading, the London Mining Network and Global Legal Action Network said.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team