All posts tagged "Treasury"
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461AML / KYCOFAC Sanctions Ukrainian Nationals Identified as “FSB Pawns”
The action is separate from the "broad range of high impact measures" the US and its allies may impose if Russia invades Ukraine.
January 24, 2022 -
494Australia & NZNew Zealand to Probe Lenders on Application of New Lending Rules
The government has asked the Council of Financial Regulators to bring forward an investigation into whether lenders are implementing the new lending rules as intended.
January 21, 2022 -
440AML / KYC
US Issues Sanctions Over DPRK Ballistic Missile Launches
The sanctions target six North Koreans, one Russian and a Russian firm were responsible for procuring goods for North Korean weapons programmes.
January 18, 2022 -
1.0KEuropeESG Explainer: UK Sustainability Disclosure Requirements
New framework aims to broaden sustainability reporting and embrace double materiality but faces long path to law.
January 18, 2022 -
868Australia & NZAustralian Treasury Confirms Plans to Expand Consumer Data Right
Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
December 23, 2021 -
525AML / KYC
US Treasury Imposes Sanctions on Eight Chinese Tech Firms
Trade restrictions have also been imposed on 34 entities for alleged human rights violations and technology use that 'undermines US national security'.
December 17, 2021 -
551AML / KYCParallel Myanmar Government Recognises Tether as Official Currency
The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.
December 14, 2021 -
436AML / KYC
US Sanctions Force Chinese AI Firm to Postpone HK IPO
The US Treasury placed Chinese AI firm SenseTime on an investment blacklist just as the company was preparing to list in Hong Kong.
December 14, 2021 -
172Australia & NZTreasury Offers Recommendations to Improve AFCA’s Operations
Treasury recommends government remove the legislative requirement for authorised credit representatives to be members of AFCA.
December 6, 2021 -
537Australia & NZACCC Approves NAB Acquisition of Citi Consumer Business
In its review, which focused on competition in the supply of credit cards, the ACCC found that the transaction "would not substantially lessen competition".
November 26, 2021
