United States

    image

    PEPs & 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.

    image

    Cryptocurrency

    US Exchanges Commence Trading in First Spot Ether ETFs

    By Editors | 24/07/2024

    Nine ETFs saw $1.07bn worth of shares traded on the first day, resulting in net inflows of around $106.7mn.

    image

    AI Risk & Governance

    US, European Competition Regulators Sign AI Agreement

    By Nithya Subramanian | 24/07/2024

    Given the rapid growth of AI, authorities will work to ensure effective competition as well as fair and honest treatment of consumers and businesses.

    image

    PEPs & Sanctions

    US Commerce Dept Expands Export Controls Against Iran

    By Editors | 24/07/2024

    The expansion of export controls seeks to address concerns regarding Iran’s potential use of US technology in weapons systems.

    image

    Anti-Money Laundering

    US Authorities Recover Another $85m in 1MDB Case

    By Nithya Subramanian | 24/07/2024

    The DOJ secured the recovery of a Swiss financial account along with diamond jewellery and artwork worth a combined $85mn.

    image

    PEPs & Sanctions

    OFAC Issues New Form for Reporting Russian Sovereign Assets

    By Editors | 24/07/2024

    The form is part of implementing a law passed in April to enable the confiscation of Russian sovereign assets frozen in the US.

    image

    Market Abuse

    Hong Kong Court Jails Three in Landmark Manipulation Case

    By Sanday Chongo Kabange | 23/07/2024

    The jail sentences are the heaviest and longest imposed for market manipulation since the SFO came into effect in 2003.

    image

    Anti-Money Laundering

    US House Passes Bill to Combat Crypto-enabled Illicit Finance

    By Nithya Subramanian | 23/07/2024

    Under the bill, an independent financial technology working group will be established to examine illicit finance in the digital asset ecosystem.

    image

    Operational Risk

    US Banks Not Managing Operational Risk Well, OCC Finds

    By Nithya Subramanian | 23/07/2024

    Confidential assessments by the OCC reportedly found that many banks scored poorly on their management of operational risk.

    image

    PEPs & Sanctions

    OFAC Issues Guidance on Extended Statute of Limitations

    By Editors | 22/07/2024

    OFAC plans to extend record-keeping requirements from five to ten years, to match the new statute of limitations period.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.