International

PEPs & Sanctions

UK Imposes First Sanctions Over Death of Alexei Navalny

By Editors | 22/02/2024

Sanctions were imposed against six individuals who oversaw the prison camp where Navalny was held leading up to his death.

Anti-Money Laundering

Alternative Fund Managers Face Growing AML Risks: Study

By Ranamita Chakraborty | 22/02/2024

Several alternative fund firms faced AML fines and few were visited by regulators over money laundering concerns.

Market Data & Technology

EU Adopts New Rules to Enhance Market Data Access

By Mark Johnston | 22/02/2024

The amendments to MiFIR and MiFID II will enable the establishment of EU-wide consolidated tapes and ban payment for order flow.

PEPs & Sanctions

HSBC Wins Approval to Sell Russian Unit to Expobank

By Editors | 21/02/2024

HSBC announced in June 2022 that it had struck a deal to sell its Russian unit, but it has taken until now for approval from Vladimir Putin.

Fraud, Scams & Cybercrime

Cybercrime Group LockBit Has Been Dismantled

By Manesh Samtani | 21/02/2024

Law enforcement from ten countries have disrupted the criminal operation of the LockBit ransomware group.

Conduct, Culture & Accountability

Regulators Face Culture Challenges Just Like Those They Regulate: Report

By Manesh Samtani | 20/02/2024

New Starling Insights report argues says regulators suffer from the same cultural and behavioral ills that trouble the firms they oversee.

PEPs & Sanctions

EU Allows Humanitarian Exception in Terrorism Sanctions Regime

By Editors | 20/02/2024

The decision comes after the EU established a dedicated framework in January to allow it to target Hamas and PIJ facilitators with sanctions.

PEPs & 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.

PEPs & 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.