International

Sanctions

Copper Being Disguised as Scrap for Russia-China Trade – Report

By Editors | 16/04/2024

Chinese firms are using this mechanism to benefit from lower tax and to make it more difficult to trace the copper to its Russian origin.

Sanctions

US and Canada Sanction Belarus-linked Individuals and Entities

By Editors | 16/04/2024

The US sanctions target revenue-generating SOEs and others involved in a global arms network. Canada’s sanctions are human rights-related.

ESG / Sustainability

Temasek, UBS, DBS Launch Philanthropy Matching Platform

By Editors | 15/04/2024

The “Co-Axis” platform connects funders such as family offices with early-stage businesses, charitable organisations, and blended finance projects.

Sanctions

G7 Considers Sanctions Response to Iran Attack on Israel

By Editors | 15/04/2024

The sanctions may involve designating Iran’s IRGC as a terrorist organisation, and specific sanctions against drone and missile programmes.

Market Infrastructure

IOSCO Establishes New Workstreams on AI, Tokenisation

By Manesh Samtani | 15/04/2024

New workstreams on green finance and credit default swaps will also be created, according to IOSCO’s updated work plan for 2024.

Sanctions

US and EU Announce New Sanctions Targeting Hamas

By Editors | 15/04/2024

The US targeted leaders of Hamas cyber and drone operations. The EU targeted three entities linked to human rights abuses.

Sanctions

US Treasury Proposes Enhancement to CFIUS Powers

By Editors | 14/04/2024

CFIUS would be able to more easily subpoena and demand information from companies involved in corporate acquisitions, including third parties.

Sanctions

EU Council Approves Law Criminalising Sanctions Violations

By Editors | 14/04/2024

It will be a criminal offence in all member states to help someone bypass a travel ban  or trade in sanctioned goods.

Sanctions

LME, CME Barred from Accepting Three Key Russian Metals

By Editors | 12/04/2024

The LME and CME can no longer accept new aluminum, copper, and nickel produced by Russia. Existing stocks are exempt from the ban.