INTERNATIONAL

Securities / Derivatives

PASLA Publishes APAC Securities Lending Market Guide 2024

By Editors | 26/07/2024

The guide provides information on securities finance markets across APAC, including recommendations for promoting more openness, transparency and efficiency.

Sanctions

Ukraine Calls on Hong Kong to Prevent Sanctions Evasion by Russia

By Editors | 26/07/2024

Hong Kong says it does not implement unilateral sanctions imposed by other countries, but does enforce sanctions imposed by UNSC.

AML / KYC

Humanitarian Crisis in Gaza Being Exploited for Terror Financing

By Ranamita Chakraborty | 26/07/2024

Singapore’s Internal Security Department warns that charities and NGOs are being used by Hamas networks to raise funds globally.

AML / KYC

US, UK, South Korea Warn of DPRK Espionage Campaign

By Editors | 26/07/2024

Joint advisory says North Korean hacker group ‘Andariel’ is a threat to entities in the US, UK, South Korea, Japan and India.

Sanctions

Russia Progresses Bill to Allow Foreign Banks to Open Branches

By Editors | 26/07/2024

The bill would enable foreign banks to open branches in Russia which they could then use to settle cross-border payments.

Sanctions

UniCredit Drops Part of Appeal Against ECB’s Russia Exit Orders

By Editors | 25/07/2024

UniCredit said it has received “sufficient clarity” from the ECB on certain parts of its application to the GCEU.

Sanctions

Australia Imposes First Sanctions Against Israelis in West Bank

By Editors | 25/07/2024

Seven Israelis and a youth group were sanctioned for their involvement in violent attacks against Palestinian communities.

Sanctions

OFAC Sanctions DPRK Procurement Network Based in China

By Editors | 25/07/2024

The action imposes sanctions on China-based individuals and entities involved in the procurement of items used in the production of North Korean ballistic missiles.

Big Picture

ISDA Calls for Greater Digitisation of Derivatives Documentation

By Ranamita Chakraborty | 24/07/2024

An industry survey has revealed that the average time taken to negotiate derivatives documents hasn’t fallen since 2006.