INTERNATIONAL

    image

    Enforcement

    US Man Arrested Over Attempts to Export Aircraft Components to Iran

    By Editors | 17/08/2024

    Jeffrey Chance Nader falsely identified himself to suppliers as the end user of the components, which he attempted to export to the UAE for transshipment to Iran.

    image

    Sanctions

    OFAC Unveils Fresh Sanctions Against Iranian Shipping Network

    By Editors | 16/08/2024

    The sanctions target companies based in the Marshall Islands, the UAE, Malaysia and Hong Kong, along with several vessels, for helping to generate revenue for the Houthis.

    image

    Sanctions

    Russian Central Bank Cancels Banking Licence of Amex Unit

    By Manesh Samtani | 16/08/2024

    American Express was given approval to liquidate its Russian business in May, two years after it suspended operations in the country.

    image

    Securities / Derivatives

    Shenzhen, Dubai Sign MOU on Capital Markets Cooperation

    By Editors | 16/08/2024

    Under the MOU, SZSE and DFM will explore the potential for future dual listings and ETF connectivity between the two markets.

    image

    Capital / Liquidity

    Ripple Starts Testing Stablecoin for Cross-border Payments

    By Editors | 15/08/2024

    Ripple plans to use both “RLUSD” and XRP in cross-border payments to serve global customers and “dramatically improve their experience”.

    image

    Enforcement

    US Treasury Offers Additional Transparency on CFIUS Enforcements

    By Editors | 15/08/2024

    More information is now available about CFIUS enforcement actions imposed since 2022, the largest being a $60m penalty against T-Mobile.

    image

    Fintech / Regtech

    NIST Finalises First Three Post-Quantum Encryption Standards

    By Manesh Samtani | 15/08/2024

    Each standard contains the computer code and instructions for encryption algorithms that can withstand attacks from a quantum computer.

    image

    AML / KYC

    Global Cybercrime Leader Extradited to Face Charges in the US

    By Manesh Samtani | 15/08/2024

    Maksim Silnikau was responsible for developing and distributing the Reveton and Ransom Cartel ransomware strains, as well as the Angler Exploit Kit.

    image

    Crypto / Digital Assets

    Eurex Expands Crypto Derivatives Suite to Include Ethereum

    By Editors | 15/08/2024

    Eurex has launched Ethereum futures and options, adding to its crypto derivatives portfolio which has so far only covered Bitcoin.

    image

    Crypto / Digital Assets

    Three Arrows Capital Sues Terraform Labs for Crypto Losses

    By Editors | 14/08/2024

    Liquidators for the failed crypto hedge fund say TerraForm Labs induced Three Arrows to purchase TerraUSD and Luna through market manipulation.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team