United States

PEPs & Sanctions

Bulgarian Man Extradited to US Over Illegal Exports to Russia

By Editors | 14/08/2024

Milan Dimitrov conspired with two others to use a Bulgarian company to receive export-controlled items from the US and transship them to Russia.

Climate Risk

ICVCM Rejects Eight Methodologies in Latest CCP Assessment

By Ranamita Chakraborty | 13/08/2024

Eight renewable energy methodologies, representing 32% of the carbon credit market, fail to meet Core Carbon Principles requirements.

Anti-Bribery & Corruption

US Court Convicts Former Mozambique Official in Bribery Case

By Editors | 12/08/2024

Following a four-week trial in New York, Mozambique’s former finance minister was found guilty for accepting $7mn in bribes.

Custody & Infrastructure

Thailand SEC Launches Digital Asset Regulatory Sandbox

By Editors | 12/08/2024

Six types of digital asset services will be allowed to participate in sandbox testing, subject to them meeting certain qualifications.

Anti-Money Laundering

US Fed Imposes Conditions on Customers Bank for AML Deficiencies

By Manesh Samtani | 12/08/2024

The Fed cited risk management deficiencies relating to an instant payments platform used to enable crypto firms to make around-the-clock US dollar payments.

PEPs & Sanctions

JPMorgan Requests Dismissal of NY Lawsuit Against Russia’s VTB

By Editors | 12/08/2024

JPMorgan said it is seeking to dismiss the lawsuit “against its will” because it faces uncertain risks if it violates an injunction issued by a Russian court.

Trading & Investment

Cboe to Launch Options on VIX Futures on 14 October

By Editors | 11/08/2024

Cboe said the new options contracts will help market participants better manage portfolio risk and trade volatility, especially with the US election coming up.

PEPs & Sanctions

NY Fed Assesses Effectiveness of Tornado Cash Sanctions

By Editors | 11/08/2024

The study found that non-cooperation with the Tornado Cash sanctions was not monetarily driven, but instead motivated by “philosophical reasons”.

PEPs & Sanctions

US, UK, Canada Announce Coordinated Sanctions Against Belarus

By Editors | 11/08/2024

The sanctions mark the four-year anniversary of the 2020 presidential election in Belarus, which was widely regarded as fraudulent.