INTERNATIONAL

AML / KYC

Telegram Will Share User Data with Law Enforcement Authorities

By Nithya Subramanian | 26/09/2024

Telegram has changed its terms of service to deter criminal abuse, nearly a month after CEO Pavel Durov was arrested in France.

Sanctions

US Proposes to Ban Chinese, Russian Tech in Vehicles

By Editors | 26/09/2024

The move would effectively ban Chinese and Russian vehicles in the US, which has already sharply raised tariffs on imports of Chinese EVs.

Market Infrastructure

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

By Sanday Chongo Kabange | 26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

By Editors | 25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.

AML / KYC

World Leaders Pledge to Collectively Act Against Financial Crime

By Thisanka Siripala | 25/09/2024

The Pact for the Future, agreed by 143 nations, includes a commitment to ramp up efforts to combat the growing sophistication of financial crime.

Crypto / Digital Assets

HKMA Commences Phase 2 of e-HKD Pilot Programme

By Manesh Samtani | 24/09/2024

Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.

Sanctions

New Zealand Sanctions New Russian and Belarusian Targets

By Editors | 24/09/2024

The sanctions target the Russian SOE operating Ukraine’s Zaporizhzhya nuclear plant and its director general, among others.

Sanctions

US Arrests Russian Man for Illicit Microelectronics Exports

By Editors | 23/09/2024

Several Hong Kong companies were used to purchase microelectronics from US distributors and export them to Russia.

Sanctions

Lebanese Man Pleads Guilty to Sanctions Evasion Conspiracy

By Editors | 23/09/2024

The man, designated as a specially designated global terrorist in May 2018, pleaded guilty to a conspiracy charge and agreed to forfeit $830,000.