International

Securities / Derivatives

Saudi PIF Signs Investment Agreements with Six Chinese FIs

By Nithya Subramanian | 06/08/2024

The investment agreements totaling USD 50 billion aim to encourage two-way capital flows through both debt and equity.

Enforcement

Switzerland Announces $152mn Penalty Order Against Glencore

By Editors | 06/08/2024

The penalty order resolves a four-year criminal investigation into Glencore by Swiss and Dutch authorities.

Crypto / Digital Assets

Ripple Integrates Tokenised US Treasury Bills on XRP Ledger

By Ranamita Chakraborty | 04/08/2024

Ripple established a partnership with Singapore-based OpenEden to integrate tokenised T-bills on the XRP Ledger.

ESG / Sustainability

GRI and TNFD Publish Guidance for Biodiversity Reporting

By ESG Investor | 04/08/2024

The guidance will help GRI reporters align with the TNFD recommendations and assist TNFD adopters in aligning with the GRI standards.

Enforcement

UK SFO Charges Ex-Glencore Employees Over Bribery Scheme

By Editors | 03/08/2024

Five former Glencore employees are charged with conspiring to make corrupt payments to benefit the company’s oil operations in West Africa.

Crypto / Digital Assets

Montenegro Confirms Decision to Extradite Do Kwon to Korea

By Manesh Samtani | 02/08/2024

The decision, which is legally binding, comes after 16 months of extradition proceedings involving competing requests from the US and South Korea.

ESG / Sustainability

Singapore Government Creates Carbon Credit Alliance

By ESG Investor | 02/08/2024

The Singapore Carbon Market Alliance will serve as a platform for companies to acquire carbon credits, build knowledge, and discuss issues related to Article 6.

Sanctions

OFAC Sanctions More Houthi Procurement Facilitators

By Editors | 02/08/2024

The sanctions target “key actors” located in China, Hong Kong, and Yemen who have “directly supported” the Houthis’ weapons procurement efforts.

Sanctions

China Adjust Export Controls for Drones and Related Tech

By Editors | 02/08/2024

The measures explicitly ban the export of all civilian drones that are intended for “non-peaceful purposes” such as terrorist and military activities.