International

Sanctions

Pakistan, Iran Agree to ‘Expeditiously’ Finalise Trade Agreement

By Editors | 25/04/2024

Pakistan and Iran aim to increase bilateral trade, cooperate on energy, and complete a gas pipeline project. The US has warned Pakistan of the risk of sanctions.

Enforcement

Global Operation Takes Down ‘LabHost’ Cybercrime Service

By Mark Johnston | 25/04/2024

LabHost offered a service since 2021 that enabled over 10,000 cybercriminals to create fake websites and conduct phishing campaigns.

Enforcement

US Hedge Fund Sues Over Credit Suisse AT1 Bond Losses

By Mark Johnston | 25/04/2024

The lawsuit accuses Credit Suisse’s CEO and former Chairman of misrepresenting the bank’s liquidity position while it was facing a deposit run.

Enforcement

US DOJ Proposes 36-Month Prison Sentence for Binance Founder

By Mark Johnston | 25/04/2024

The DOJ said the sentence must be significant to effectively punish Changpeng Zhao and to deter others who are tempted to break US laws.

Securities / Derivatives

Asia-first Transition Strategy Scouts Opportunities

By ESG Investor | 25/04/2024

Robeco’s Head of Fixed Income argues that the hunt for “perfect” forward-looking emissions data cannot stand in the way of progress.

AML / KYC

LSEG’s World-Check Data Breached by Hackers – Reports

By Mark Johnston | 24/04/2024

Hackers claim they have stolen data from LSEG’s World-Check database and have threatened to release records.

ESG / Sustainability

ISSB to Start Research on Biodiversity, Human Capital Disclosures

By Nithya Subramanian | 24/04/2024

The research projects will focus on the information needs of investors and how these risks could affect the company’s prospects.

Sanctions

Venezuela’s PDVSA to Hasten Move to USDT to Mitigate Sanctions

By Editors | 24/04/2024

USDT issuer Tether said in response that it respects the SDN list and will block payments made to sanctioned entities.

Sanctions

OFAC Unveils New Sanctions Against Iranian Cyber Actors

By Editors | 24/04/2024

Two entities and four individuals were sanctioned for the roles in targeting US entities with ransomware, spear phishing and malware attacks.