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International
CBDCs
World Bank Paper Explores Interoperability Between CBDC and FPS
By Editors | 16/07/2024
The paper says internal experimentation demonstrated how CBDC systems could interoperate with retail payment systems through an interlinking bridge.
PEPs & Sanctions
Canada Issues Draft Amendments to AML/CFT Regulations
By Editors | 15/07/2024
The proposed amendments will require firms to report sanctioned property and suspected sanctions evasion offences, among other changes.
PEPs & Sanctions
Japan Makes First Arrest for Russia Export Control Violation
By Editors | 15/07/2024
A Russian national operating a trading company in Osaka was arrested for illegally exporting restricted goods to Russia via South Korea.
PEPs & Sanctions
Expert Calls for International Sanctions on Myanmar Central Bank
By Editors | 15/07/2024
Sean Turnell says sanctioning the CBM would effectively embargo Myanmar’s entire banking system and limit the SAC’s ability to oppress the Myanmar people.
Nature & Biodiversity
SBTN Updates Guidance for Nature Targets
By ESG Investor | 15/07/2024
The Science Based Targets Network laid out five steps corporates should take to align their approach to nature with science.
PEPs & Sanctions
US Sanctions Iranian Chemical Weapons Research Company
By Editors | 15/07/2024
This is the first time the Biden administration has imposed sanctions against Iran’s chemical weapons programme.
PEPs & Sanctions
EU Seeking to Prevent Sanctions Evasion via Vietnam, Malaysia
By Editors | 15/07/2024
EU sanctions envoy David O’Sullivan said China is a “growing problem” as a circumvention hub, but Vietnam and Malaysia are among the next priorities.
Clearing & Post-Trade
EU Plans to Move to T+1 Settlement Cycle in 2027: Report
By Nithya Subramanian | 12/07/2024
In a poll conducted at a meeting hosted by ESMA, close to 70 per cent of respondents advocated for the switch to occur in 2027.
PEPs & Sanctions
FinCEN Issues New Alert on Financing of West Bank Violence
By Editors | 12/07/2024
The alert provides additional red flag indicators. New sanctions on three individuals and five entities also announced.
Payments & Settlements
RBI Further Opens GIFT City Banking to Indian Residents
By Ajoy K Das | 12/07/2024
The change is expected to contribute to developing GIFT City’s banking environment and boost business prospects for the financial hub.
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