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Sanctions
OFAC Issues Guidance on Humanitarian Assistance to Yemen
By Editors | 20/02/2024
The guidance provides clarity on the flow of humanitarian assistance and trade to the Yemeni people after the designation of the Houthis.

Sanctions
EU, US, UK to Respond to Death of Top Putin Critic With Sanctions
By Editors | 20/02/2024
Aleksei Navalny, who survived a poisoning four years ago, died in a remote Arctic prison where he was serving a three-decade sentence.

Sanctions
US Eases Restrictions on DRPK Humanitarian Activities
By Editors | 18/02/2024
NGOs will be able to engage in a broader range of humanitarian-related activities involving North Korea with fewer bureaucratic hurdles.

ESG / Sustainability
Major US Asset Managers Withdraw from Climate Action 100+
By Nithya Subramanian | 16/02/2024
CA100+ expectations are said to be in conflict with US laws which require fund managers to act solely in clients’ long-term economic interest.

ESG / Sustainability
IFC Releases AI-powered ESG Analysis Tool for Emerging Markets
By ESG Investor | 16/02/2024
Amundi helped to develop the tool, which was tested with New Development Bank, an export credit agency, and a capital markets regulator.

ESG / Sustainability
ICMA Calls for Widespread Voluntary Adoption of Transition Plans
By Ranamita Chakraborty | 15/02/2024
In a new paper, the industry body offers a model structure for integrated transition plans that align with IFRS, EU, UK and ICMA’s own standards.

Sanctions
OFAC Sanctions 7 Targets Over Illegal Exports to Iran
By Editors | 15/02/2024
Three individuals and four entities, including a subsidiary of Iran’s central banks, were sanctioned for illegally exporting US goods and tech to Iran.

Sanctions
Swiss Commodity Firms Under Probe for Russia Sanctions Breaches
By Editors | 15/02/2024
Two commodity trading firms were referred to prosecutors for allegedly using Middle East subsidiaries to circumvent Swiss sanctions against Russia.

Market Infrastructure
CPMI, IOSCO Propose “Effective” VM Practices for Cleared Markets
By Editors | 15/02/2024
The consultative report describes eight examples of effective practices for CCPs and their clearing members regarding variation margin processes and transparency.

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.
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