International

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.

ESG / Sustainability

ISDA Develops Climate Scenarios for the Trading Book

By Manesh Samtani | 14/02/2024

The climate scenarios were developed in the second half of 2023 during a pilot exercise with more than 30 banks.

AML / KYC

US DOJ Secures Guilty Plea in Russia Sanctions Evasion Case

By Editors | 14/02/2024

A Canadian-Russian national helped ship US-origin electronic components that were later found in Russian weapons in Ukraine.

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.

AML / KYC

New Study Initiated to Identify Kleptocracy Red Flags

By Nithya Subramanian | 14/02/2024

The study by the OCCRP, University of Exeter and University of Oxford will aid in developing anti-corruption rules and enhancing enforcement.

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.

Sanctions

UK Announces First Sanctions Against Israeli Settlers

By Editors | 14/02/2024

Four individuals were designated for their involvement in violence against Palestinians in the West Bank, the first time the UK has imposed such measures.

Sanctions

EU Adopts New Rules for CSDs on Handling of Frozen Russian Assets

By Editors | 13/02/2024

The decision paves the way for the possible use of revenue generated from frozen Russian assets to aid in Ukraine’s reconstruction.

Crypto / Digital Assets

FIX Unveils 2024 Priorities for Digital Assets Markets

By Ranamita Chakraborty | 13/02/2024

FIX’s Digital Assets & Technology Committee will focus on integration and interoperability, regulatory guidance, and the efficient use of DLT and smart contracts.