INTERNATIONAL

ESG / Sustainability

ICMA Offers Impact Reporting Guidance for Social Bonds

By Editors | 28/09/2024

The handbook offers impact reporting metrics for affordable housing. Future iterations will cover other social bond project categories.

Fintech / Regtech

UN Advisory Body Issues Recommendations to Address AI Inequalities

By Thisanka Siripala | 28/09/2024

Among other things, the AI advisory body calls for the establishment of a capacity development network for developing nations.

Sanctions

OFAC Issues Sanctions Over Iran Oil Shipments to Syria, East Asia

By Editors | 28/09/2024

The sanctions targets include a China-based vessel operator called Star Ocean Shipmanage and a total nine vessels.

Fintech / Regtech

G7 Experts Warn of Quantum Computing Risks to Financial Sector

By Nithya Subramanian | 27/09/2024

The G7 Cyber Expert Group is calling on FIs to prepare for vulnerabilities that could arise from quantum computing.

Sanctions

Reports Emerge of Secret Russian Drone Project in China

By Editors | 27/09/2024

Reports have emerged that a Russian company has set up a factory in China to develop and test new attack drones.

AML / KYC

India to Ask FATF to Bring Online Gaming Under AML Framework

By Ajoy K Das | 26/09/2024

India is seeking to require online gaming companies to adhere to KYC norms and report suspicious transactions.

AML / KYC

Telegram Will Share User Data with Law Enforcement Authorities

By Nithya Subramanian | 26/09/2024

Telegram has changed its terms of service to deter criminal abuse, nearly a month after CEO Pavel Durov was arrested in France.

Sanctions

US Proposes to Ban Chinese, Russian Tech in Vehicles

By Editors | 26/09/2024

The move would effectively ban Chinese and Russian vehicles in the US, which has already sharply raised tariffs on imports of Chinese EVs.

Market Infrastructure

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

By Sanday Chongo Kabange | 26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.