International

Market Data & Technology

CME Group Launches Beta Term €STR Reference Rates

By Editors | 05/12/2024

The beta reference rates are based on a waterfall methodology that builds on €STR futures and OTC swap market data.

Emerging Prudential Risks

FSB Plenary Meets in Hong Kong to Discuss Financial Stability Issues

By Editors | 05/12/2024

The Plenary reviewed policy work on climate-related financial risks, crypto-assets and global stablecoins, cross-border payments, and NBFI.

PEPs & Sanctions

China Responds to US Export Controls With Retaliatory Measures

By Editors | 04/12/2024

Exports of gallium, germanium, antimony and superhard materials to the US are banned. Graphite exports will be subject to stricter controls.

PEPs & Sanctions

OFAC Fines German Firm for Conspiracy to Violate Iran Sanctions

By Editors | 04/12/2024

OFAC said Aiotec GmbH conspired over four years to cause a US company to buy and ship an entire polypropylene plant from Australia to Iran.

Anti-Bribery & Corruption

Fugitive Singaporean Tycoon Nabbed After Absconding for 19 Years

By Nithya Subramanian | 04/12/2024

The tycoon and his wife were arrested in Malaysia after allegedly embezzling over $51mn and fleeing Singapore in 2005.

PEPs & Sanctions

US Sanctions 14 Entities, 21 ‘Shadow Fleet’ Vessels Used by Iran

By Editors | 04/12/2024

The vessels targeted mostly have Panama or Cook Islands flags. The entities targeted are based in China, India, Hong Kong, and six other countries.

PEPs & Sanctions

OFAC Announces Magnitsky Sanctions Targeting Former Uzbekistan Officials

By Editors | 04/12/2024

The three former officials were involved in human trafficking and physical and sexual violence against children at a state-run orphanage.

Anti-Money Laundering

Basel Institute on Governance Publishes 2024 Basel AML Index

By Manesh Samtani | 04/12/2024

In Asia, New Zealand, Australia, Taiwan, Brunei, and South Korea scored the best while Myanmar, Lao PDR, China, Vietnam, and Cambodia scored the worst

Structural Regulation

IOSCO Offers ‘Toolkits’ to Address Changing Nature of Exchange Models

By Thisanka Siripala | 03/12/2024

New report offers recommendations to help regulators improve supervision of exchanges, which are becoming increasingly global and venturing into non-traditional services.