United States

Enforcement

Israeli National Pleads Guilty for Exporting Aircraft Parts to Russia

By Editors | 11/09/2024

Gal Haimovich exported US-made aircraft parts and avionics to Maldives and UAE intermediaries for ultimate delivery to Russian airline companies.

Capital / Liquidity

Fed Official Outlines Revised ‘Basel Endgame’ Plans

By Manesh Samtani | 11/09/2024

Capital levels for G-SIBs would be raised by 9 percent, substantially less than the 19 percent in last July’s proposal.

Enforcement

US Authorities Arrest Man for Selling Laser Equipment to Russia

By Editors | 11/09/2024

The man allegedly sold laser equipment to a Russian citizen who then resold the goods to a subsidiary of Russian state nuclear company Rosatom.

Market Infrastructure

Australia and Japan Pledge Deeper Cybersecurity, Defence Ties

By Thisanka Siripala | 11/09/2024

Australia and Japan have strengthened their cybersecurity ties with the launch of the Pacific Digital Development Initiative.

ESG / Sustainability

Australia Releases Interim Report on Taxonomy Development

By Sanday Chongo Kabange | 11/09/2024

The report sets out the progress made towards the development of Australia’s sustainable finance taxonomy.

Sanctions

US, UK Sanction Iran Over Missile Delivery to Russia

By Editors | 11/09/2024

The UK, France and Germany will also cancel air services arrangements with Iran, restricting Iran Air’s ability to fly into the UK and Europe.

Enforcement

US SEC Fines 9 Investment Advisors for Marketing Rule Violations

By Nithya Subramanian | 10/09/2024

The SEC imposed fines totalling $1.24mn after it found that nine firms issued advertisements with false or unsubstantiated claims.

AML / KYC

US Celebrities Received 1MDB Funds Worth $2.43m – Reports

By Nithya Subramanian | 10/09/2024

A Malaysian court heard that fugitive Jho Low transferred 1MDB money to Kim Kardashian and Pharrell Williams but the reasons are unknown.

Crypto / Digital Assets

Thai SEC Amends Rules on Use of Digital Assets in Payments

By Nithya Subramanian | 10/09/2024

The regulatory changes allow digital asset business operators to participate in the central bank’s Programmable Payment Sandbox.