International

AML / KYC

EBA Consults on Technical Standards for AML Framework

By Nithya Subramanian | 07/03/2025

The proposed standards cover criteria for direct supervision, risk assessment methodology, CDD requirements, and enforcement measures.

Sanctions

US Targets Houthis with New Sanctions, FTO Redesignation

By Nithya Subramanian | 06/03/2025

OFAC sanctioned seven high-ranking Houthi members a day after re-designating the group as a Foreign Terrorist Organisation.

Fintech / Regtech

Using AI in Regulatory Reporting and Change Management: Webinar Recap

By Manesh Samtani | 06/03/2025

Panellists from Nasdaq, Standard Chartered Bank and Regional Australia Bank discussed APAC’s transition to granular data reporting.

Crypto / Digital Assets

OFAC Sanctions Iranian Administrator of Shuttered Darknet Marketplace

By Manesh Samtani | 05/03/2025

Behrouz Parsarad was designated for contributing to the international proliferation of narcotics via his darknet marketplace, which was dismantled in 2024.

Sanctions

OFAC Withdraws Licence Authorising Chevron’s Venezuela Operations

By Editors | 04/03/2025

A new general licence gives Chevon just 30 days to wind down operations instead of the six-month period normally allowed.

AML / KYC

FATF Seeking Input on Techniques for Mitigating PF Risk

By Manesh Samtani | 04/03/2025

The FATF aims to publish a report providing a comprehensive understanding of complex sanctions evasion schemes relevant to proliferation financing.

Sanctions

Canada Sanctions Russian Enablers and Paramilitary Organisations

By Editors | 03/03/2025

New sanctions target key Russian allies, including paramilitary organisations, their leaders, and “others involved in helping Russia wage war in Ukraine”.

Capital / Liquidity

FSB to Establish Taskforce to Address NBFI Leverage – Report

By Nithya Subramanian | 03/03/2025

New task force will work to ensure national regulators have adequate data to assess financial stability risks from NBFIs such as hedge funds.

AML / KYC

FATF Proposes Updates to Financial Inclusion Guidance

By Nithya Subramanian | 28/02/2025

The FATF is seeking feedback on balancing financial inclusion with AML/CFT compliance, particularly in digital finance transactions.