International

PEPs & Sanctions

Canada Sanctions Six Over Death of Alexei Navalny

By Editors | 03/03/2024

The targets include senior officials and high-ranking employees of Russia’s prosecution, judicial and correctional services.

PEPs & Sanctions

G7 Ban on Indirect Imports of Russian Diamonds Takes Effect

By Editors | 03/03/2024

The World Federation of Diamond Bourses says the ban on Russia-produced diamonds will also harm non-Russian manufacturers and traders.

PEPs & Sanctions

Switzerland Adopts EU’s 13th Russia Sanctions Package

By Editors | 01/03/2024

The package adds a further 106 individuals and 88 entities and organisations to Switzerland’s sanctions list.

PEPs & Sanctions

Illicit Crypto Funds Flow Into Sanctioned Entities and Jurisdictions: Report

By Nithya Subramanian | 01/03/2024

Chainalysis said that entities in heavily sanctioned jurisdictions lack access to traditional financial systems and are attempting to use crypto to evade sanctions.

Emerging Prudential Risks

BCBS to Consult on G-SIB Window-Dressing Next Month

By Editors | 01/03/2024

The BCBS also said it has approved revisions to the Core Principles for Effective Banking Supervision, which will be published in April.

Data Privacy

US to Ban Certain Data Transfers to China, Russia

By Editors | 29/02/2024

Executive Order authorises actions to prevent the personal data of US citizens from being transferred to so-called “countries of concern”.

Tokenisation

Rabobank Executes €2b in Commercial Paper Transactions on Blockchain

By Sanday Chongo Kabange | 29/02/2024

Rabobank has completed a series of pilots to execute commercial paper transactions on a blockchain platform called ‘Ubermorgen’.

PEPs & Sanctions

Huawei Pay Stops Allowing UnionPay-linked Payments in Russia

By Editors | 29/02/2024

UnionPay cards linked to the Huawei Pay service are being refused in Russia due to US sanctions against the operator of the Mir payment system.

Nature & Biodiversity

FIs Asked to Declare Support for Ending Plastic Pollution

By ESG Investor | 29/02/2024

FIs are invited to sign a statement demonstrating support for an international legally binding instrument to end plastic pollution.