International

Fraud, Scams & Cybercrime

Montenegro Approves Extradition of Do Kwon to South Korea

By Mark Johnston | 11/03/2024

Do Kwon now faces extradition to South Korea rather than the US after 23 March following a new court ruling.

PEPs & Sanctions

EU States Step Up Efforts to Prevent Sanctions Circumvention

By Editors | 11/03/2024

Cases in Finland, Lithuania, Austria, Germany and Georgia show the pervasive the issue is, as well as signs that a deeper crackdown is underway.

PEPs & Sanctions

Iran Court Allows Confiscation of US Oil in Response to Sanctions

By Editors | 10/03/2024

Proceeds from the confiscated oil will be used to compensate victims of a rare skin disease who have been unable to access certain medical items due to US sanctions.

PEPs & Sanctions

Canada Announces New Iran Sanctions for Human Rights Abuses

By Editors | 10/03/2024

The sanctions target two individuals for their participation in the “violent repression of Iranian citizens, targeting in particular women and girls”.

AI Risk & Governance

INTERPOL Updates Guidance on AI Innovation in Law Enforcement

By Editors | 10/03/2024

The updated toolkit provides additional guidance for law enforcement agencies on AI governance, ethics and strategy development.

Emerging Prudential Risks

EMEs Can Improve Shock Resilience With Better Hedging Markets

By Manesh Samtani | 09/03/2024

The BIS finds that emerging markets with a more diverse investor base and better-developed hedging markets tend to have more resilient government bond markets.

Emerging Prudential Risks

BCBS Proposes Revisions to Address ‘Window-Dressing’

By Manesh Samtani | 08/03/2024

The BCBS proposes to require banks to report and disclose most G-SIB indicators based on average values over the reporting year, rather than year-end values.

PEPs & Sanctions

US Authorities Explain Sanctions Obligations of Non-US Persons

By Manesh Samtani | 07/03/2024

DOJ, OFAC, and Commerce Department explain their enforcement authority and provide examples of actions already taken against non-US-based parties.

PEPs & Sanctions

EU to Sanction 35 Individuals Over Death of Alexei Navalny

By Editors | 07/03/2024

The EU’s sanctions will target the most number of individuals over Navalny’s death compared to those of its allies Australia, Canada, the UK and US.