International

AML / KYC

J5 Disseminates Risk Indicators Tied to Crypto Assets

By Editors | 24/05/2024

The risk indicators are intended to help financial institutions detect and report money laundering and illicit activities involving crypto assets.

Sanctions

Russian President Signs Decree Allowing Confiscation of US Assets

By Editors | 24/05/2024

Russian entities impacted by sanctions can seek compensation through US-owned properties, companies, bank accounts, or shares located in Russia.

Big Picture

CPMI Offers Analysis Of Fast Payment System Integration

By Mark Johnston | 24/05/2024

New report provides an analysis of the benefits and challenges associated with the integration of fast payment systems across borders.

AML / KYC

A Radical Re-think on Combatting Trade Based Money Laundering

By Kelvin Toh | 24/05/2024

Kelvin Toh discusses the factors hindering current efforts to combat TBML, and what more can be done to combat this activity.

Market Infrastructure

FSB Considers Ways to Enhance Resilience of CP and CD Markets

By Editors | 22/05/2024

CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.

Sanctions

Canada Announces Sanctions Targeting DPRK-Russia Arms Trade

By Editors | 22/05/2024

Two individuals and six entities were sanctioned for their involvement in the transportation of weapons from North Korea to Russia.

Fintech / Regtech

Swift Enables Banks to Improve Services for Corporates

By Editors | 22/05/2024

Swift will extend ISO 20022 across the entire payment chain, and provide ready-to-use, white-labelled payment tracking services via API.

Securities / Derivatives

DTCC Completes Blockchain Pilot for Mutual Fund Data

By Editors | 22/05/2024

The pilot explored the feasibility of delivering NAV data for mutual funds across different blockchain networks.

Sanctions

US Sanctions Blamed for Death of Iranian President

By Editors | 22/05/2024

Iran has been unable to buy aviation spare parts, one of the main reasons cited for the helicopter crash that killed President Ebrahim Raisi.