International

Big Picture

Regulatory Hurdles Limit Adoption of Tokenised Alternative Assets

By Nithya Subramanian | 08/05/2024

Moody’s Investors Service outlines the technical and regulatory hurdles that may limit adoption of tokenised alternative assets.

AML / KYC

Authorities Charge Russian Leader of Cybercrime Group LockBit

By Manesh Samtani | 08/05/2024

US prosecutors unsealed 26 charges against Dmitry Khoroshev, who is now also sanctioned by the US, UK and Australia.

AML / KYC

Egmont Group Tackles NPO Abuse for Terrorist Financing

By Manesh Samtani | 08/05/2024

New Egmont Group report describes how NPOs are exploited for TF purposes and offers recommendations to address this risk.

AML / KYC

BNP Paribas Becomes Latest LEI Validation Agent

By Editors | 08/05/2024

BNP Paribas is the first G-SIB headquartered in the EU to join GLEIF’s Validation Agent programme.

Sanctions

Russia Investing Accumulated Rupees in India – Reports

By Editors | 08/05/2024

Russia is no longer looking to repatriate its rupees as it can now invest in Indian stocks and government securities.

Sanctions

US Revokes Licences Allowing Chip Exports to Huawei

By Editors | 08/05/2024

Some companies have been notified that their licences to ship goods to Huawei are effectively revoked.

Sanctions

EU Commission Proposes 14th Russia Sanctions Package

By Editors | 07/05/2024

The package targets transshipments of Russian LNG, “shadow fleet” vessels, the SPFS interbank messaging service, and non-EU companies that help Russia.

AML / KYC

US Prosecutors Secure Guilty Plea from Ex BTC-e Operator

By Editors | 06/05/2024

Alexander Vinnik was facing up to 55 years in prison, but due to a plea bargain he is expected to receive a prison term of less than ten years.

Sanctions

US Officials in Malaysia, Singapore This Week to Discuss Sanctions

By Editors | 06/05/2024

Treasury’s Brian Nelson and Neil MacBride will meet with the Malaysian and Singapore financial sectors to discuss compliance and enforcement efforts.