International

PEPs & Sanctions

UK OFSI Fines Concierge Services Firm for Sanctions Breaches

By Editors | 30/09/2024

The firm was fined GBP 15,000 for providing property management services to a designated person subject to an asset freeze between 2022 and 2023.

PEPs & Sanctions

G7 Nations Publish Guidance on Preventing Russian Sanctions Evasion

By Editors | 30/09/2024

The guidance is aimed at preventing Russia from evading sanctions and export controls and obtaining the components it needs for its weapons systems.

Anti-Money Laundering

US Imposes Cyber Sanctions on Russian Crypto Network

By Manesh Samtani | 30/09/2024

Two Russians were also indicted in a coordinated action that additionally involved the seizure of web domains and infrastructure.

PEPs & Sanctions

UK Sanctions Entities, Vessels Involved in Russian LNG Sector

By Editors | 29/09/2024

The sanctions target five vessels and two ship management companies, including one based in India called Ocean Speedstar Solutions.

Reporting & Disclosures

ICMA Offers Impact Reporting Guidance for Social Bonds

By Editors | 28/09/2024

The handbook offers impact reporting metrics for affordable housing. Future iterations will cover other social bond project categories.

AI Risk & Governance

UN Advisory Body Issues Recommendations to Address AI Inequalities

By Thisanka Siripala | 28/09/2024

Among other things, the AI advisory body calls for the establishment of a capacity development network for developing nations.

PEPs & Sanctions

OFAC Issues Sanctions Over Iran Oil Shipments to Syria, East Asia

By Editors | 28/09/2024

The sanctions targets include a China-based vessel operator called Star Ocean Shipmanage and a total nine vessels.

Cybersecurity

G7 Experts Warn of Quantum Computing Risks to Financial Sector

By Nithya Subramanian | 27/09/2024

The G7 Cyber Expert Group is calling on FIs to prepare for vulnerabilities that could arise from quantum computing.

PEPs & Sanctions

Reports Emerge of Secret Russian Drone Project in China

By Editors | 27/09/2024

Reports have emerged that a Russian company has set up a factory in China to develop and test new attack drones.