United States

    ESG / Sustainability

    Philippine SEC Implores Listed Firms to Improve Board Diversity

    By Editors | 29/04/2022

    The SEC said having women represented on the board is a good corporate governance practice and more listed companies should strive to achieve greater boardroom diversity.

    Enforcement

    US SEC Charges Brazil’s Vale for “Misleading” ESG Disclosures

    By ESG Investor | 28/04/2022

    Brazilian mining firm Vale regularly misled local governments, communities, and investors about the safety of its Brumadinho dam through its ESG disclosures.

    Enforcement

    US Authorities File Charges Against Archegos, Key Executives

    By Manesh Samtani | 28/04/2022

    The DOJ, CFTC and SEC charged Archegos and four of its executives for defrauding banks and brokers and manipulating the prices of publicly traded securities.

    ESG / Sustainability

    ISSB Forms Working Group to Prevent Jurisdictional Fragmentation

    By Editors | 28/04/2022

    The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.

    Securities / Derivatives

    CSRC Vice Chair ‘Hopeful’ on US-China Audit Supervision

    By Darien Choong | 26/04/2022

    CSRC vice chair Fang Xinhai said he is “very hopeful” that an agreement can be reached with US regulators in the “near future”.

    AML / KYC

    Australia Sanctions More Russian Lawmakers, US Blocks Port Access

    By Editors | 26/04/2022

    Australia has now sanctioned nearly 750 individuals and entities in response to the war in Ukraine. Russian-affiliated vessels are prohibited from entering US ports.

    Enforcement

    US Agencies Target MoneyGram Over Delayed Remittances

    By Editors | 24/04/2022

    The complaint says the delays caused harm to recipients who were waiting for their money that had become “stuck in” or “looped” in MoneyGram’s systems.

    Enforcement

    CA ANZ May Discipline 12 KPMG Accountants for Cheating

    By Editors | 23/04/2022

    More than 400 CA ANZ members were found to have cheated on online training tests, but only 12 are being put through the body’s disciplinary process.

    AML / KYC

    OFAC Sanctions Russian Crypto Miners, UK Targets Military

    By Manesh Samtani | 21/04/2022

    OFAC designated Russian crypto miners and a bank offering sanctions evasion services. The UK sanctioned Russian generals and others supporting the military.

    AML / KYC

    US Treasury Sanctions Lazarus Entities Over ‘Ronin Bridge’ Hack

    By Editors | 19/04/2022

    OFAC has added a list of entities associated with Lazarus to its sanctions list, including a specific Ethereum wallet address associated with the attackers.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.