International

PEPs & Sanctions

China Issues Regulations for Anti-foreign Sanctions Law

By Manesh Samtani | 27/03/2025

Individuals or entities placed on an anti-sanctions list can be denied entry into China, restricted from doing business in the country, and have their assets within China seized or frozen.

Anti-Money Laundering

FATF Calls for Greater Public-Private Collaboration at Mumbai Forum

By Manesh Samtani | 27/03/2025

FATF President Elisa de Anda Madrazo said public authorities and the private sector “play on the same team” in the fight against financial crime.

Climate Risk

SBTi Consults on Revisions to Corporate Net Zero Standard

By ESG Investor | 26/03/2025

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates.

Structural Regulation

US Commerce Dept Adds Over 50 Chinese Firms to Entity List

By Manesh Samtani | 26/03/2025

This is to prevent “foreign adversaries” from using US tech and goods for high-performance computing, hypersonic and ballistic missiles, military aircraft training, and UAVs.

PEPs & Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Structural Regulation

EU Adopts Amended BMR, Easing Access to Foreign Benchmarks

By Manesh Samtani | 25/03/2025

The amended BMR will ensure benchmarks published in Asia and other third countries can continue to be used in the EU to hedge interest rate and FX risks.

KYC & CDD

FinCEN Issues Interim Final Rule on Beneficial Ownership Reporting

By Manesh Samtani | 24/03/2025

Only entities formed under the law of a foreign country and that have registered to do business in the US will have to report their BOI to FinCEN.

PEPs & Sanctions

OFAC Removes Crypto Mixer Tornado Cash from Sanctions List

By Manesh Samtani | 24/03/2025

The decision follows a court decision that Tornado Cash’s smart contracts do not qualify as ‘property’ under the IEEPA.

Fraud, Scams & Cybercrime

IOSCO Launches New Portal to Combat Investment Fraud

By Mark Johnston | 24/03/2025

I-SCAN aggregates alerts from over 150 financial regulators worldwide, allowing investors to check whether a company or investment has been flagged as unlicensed or fraudulent.