Sanctions

Dutch Law Firm Found Facilitating Iranian Oil Sales – Report

23/11/2024

The Dutch law firm reportedly used a Surinamese subsidiary to set up companies to manage oil tankers that are part of Iran’s “ghost fleet”.

Sanctions

Myanmar Groups Call for Sanctions on Myanma Economic Bank

23/11/2024

Civil society groups say state-owned Myanma Economic Bank is being used to circumvent sanctions and enable the military junta to access foreign currency.

Market Infrastructure

China’s TC260 Issues Guidelines on GBA Personal Data Flows

23/11/2024

The guidelines set requirements for information processors and recipients in Mainland China and Hong Kong to ensure secure cross-border flow of personal information.

Sanctions

OFAC Sanctions Six Senior Hamas Officials and Financiers

22/11/2024

OFAC said the targets facilitate terrorist activities, represent Hamas interests abroad, and coordinate transfers of money and goods into Gaza.

Market Infrastructure

ASX Amends Position Reporting Framework, Operating Rules

21/11/2024

The changes aim to align terminology with global practice, clarify reporting requirements, and remove burdensome notification requirements.

Enforcement

Korea Extradites Russian National to US to Face Cybercrime Charges

21/11/2024

Evgenii Ptitsyn and co-conspirators developed and offered access to Phobos ransomware to enable others to encrypt victims’ data and extort ransom payments from them.

Securities / Derivatives

Dalian Commodity Exchange Launches Log Futures, Options

21/11/2024

The new contracts are expected to facilitate more open and transparent log pricing and enhance China’s influence in the global timber industry.

Sanctions

UK Announces Sanctions Over Indoctrination of Ukrainian Children

21/11/2024

The FCDO said around 6,000 Ukrainian children have been relocated to a network of re-education camps where they are subjected to indoctrination.

Enforcement

OFAC Fines Individual $1.1m for Violating Iran Sanctions

21/11/2024

The violations related to the individual’s use of an IVTS to remit funds to Iran to purchase, renovate, and operate a hotel.