INTERNATIONAL

AML / KYC

UK Sentence Operators of Website that Enabled Account Takeover Fraud

By Thisanka Siripala | 02/02/2025

The operators provided tools including a “spoof call bot”, a ‘free text to speech’ service, and pre-scripted calls specifically designed to target customers.

Sanctions

ING, Goldman Advance Efforts to Sell Russian Subsidiaries

By Editors | 01/02/2025

ING expects to complete the sale of its operations in Russia in Q3. The sale of Goldman’s Russia unit received presidential approval.

Big Picture

Wholesale CBDCs More Likely to Gain Traction Than Retail CBDCs – Report

By Thisanka Siripala | 31/01/2025

Wholesale CBDCs are more likely to launch ahead of retail CBDCs on account of clearer efficiency gains and lower barriers to adoption.

Enforcement

US Suspects Sanctions Circumvention by Chinese AI Firm DeepSeek

By Manesh Samtani | 31/01/2025

US authorities investigating whether Deepseek bypassed US export controls and whether Singapore served as an intermediary for restricted Nvidia chip shipments

ESG / Sustainability

IAIS Sets Out Work Priorities in New 2025-2026 Roadmap

By Thisanka Siripala | 30/01/2025

Following the adoption of the Insurance Capital Standard at the end of 2024, the IAIS will shift focus to implementation and addressing risks in the industry.

Sanctions

Australia Issues New Guidance on Sanctions Compliance

By Editors | 30/01/2025

The ASO also released a Sanctions Compliance Toolkit and a Sanctions Risk Assessment Tool to facilitate compliance with Australian sanctions laws

ESG / Sustainability

IAASB, IESBA Launch Sustainability Assurance & Ethics Standards

By ESG Investor | 30/01/2025

The standards aim to ensure qualified practitioners can consistently perform high-quality assurance engagements on sustainability information

ESG / Sustainability

UNEP FI Launches Human Rights Toolkit for Financial Institutions

By Thisanka Siripala | 30/01/2025

The toolkit offers step-by-step guidance to help financial institutions integrate human rights considerations into their operations

Sanctions

Five Indicted in DPRK Remote IT Worker Fraud Case

By Editors | 30/01/2025

The indictment targets five individuals including two US nationals who operated “laptop farms” at their residences