INTERNATIONAL

Crypto / Digital Assets

Ripple Launches USD Stablecoin on Global Crypto Exchanges

By Editors | 18/12/2024

RLUSD is backed by USD deposits, US treasuries and cash equivalents. Third-party attestations of the reserve assets will be published monthly.

Sanctions

US Issues New Sanctions Targeting Military Support to DPRK

By Editors | 17/12/2024

The sanctions targets include banks, financial representatives, generals, officials and foreign trade companies involved in Russia-DPRK oil trade.

Sanctions

EU Announces First Sanctions Under New ‘Hybrid Threats’ Regime

By Editors | 17/12/2024

The sanctions are in response to “Russia’s malicious actions and its lack of respect for a rules-based international order and international law”.

Sanctions

EU Council Adopts 15th Sanctions Package Against Russia

By Editors | 17/12/2024

The package targets 52 ‘shadow fleet’ vessels and for the first time adds Chinese entities and individuals to the EU sanctions register.

Enforcement

Greensill Group Auditor Suspended in Australia for Two Years

By Editors | 17/12/2024

Joseph John Santangelo was suspended for failing to carry out Greensill’s group audit in accordance with Australian Auditing Standards.

Sanctions

US Sanctions Eight Firms for Enabling Human Rights Violations

By Editors | 16/12/2024

Commerce Dept said two Chinese targets enabled human rights violations and four others supplied parts and components to Myanmar’s military.

Sanctions

EU to Issues First Sanctions Targeting Russian Disinformation

By Editors | 16/12/2024

The sanctions are part of a new regime that focuses on disinformation operations and other Russian-sponsored destabilising activities globally.

Sanctions

Russia’s Rosneft, India’s Reliance Agree $13b Crude Oil Deal

By Editors | 16/12/2024

The EU has been separately calling on Indian authorities to stop the illicit flow of Common High Priority Items to Russia.

Sanctions

OFAC Fines Global Logistics Firm for Sanctions Violations

By Editors | 16/12/2024

The violations of Cuba and Iran sanctions were committed by subsidiaries based in China, Spain, Canada, Australia and Peru.