United States

Crypto / Digital Assets

Cybercrime Group LockBit Has Been Dismantled

By Manesh Samtani | 21/02/2024

Law enforcement from ten countries have disrupted the criminal operation of the LockBit ransomware group.

Big Picture

Regulators Face Culture Challenges Just Like Those They Regulate: Report

By Manesh Samtani | 20/02/2024

New Starling Insights report argues says regulators suffer from the same cultural and behavioral ills that trouble the firms they oversee.

ESG / Sustainability

Thai SEC Proposes Principles for “Green Investment Trusts”

By Mark Johnston | 20/02/2024

The SEC aims to use GITs as a tool to encourage investment in projects that conserve or preserve the environment.

Sanctions

OFAC Issues Guidance on Humanitarian Assistance to Yemen

By Editors | 20/02/2024

The guidance provides clarity on the flow of humanitarian assistance and trade to the Yemeni people after the designation of the Houthis.

Enforcement

JPMorgan to Pay $350m in Fines for Trade Surveillance Gaps

By Mark Johnston | 20/02/2024

The bank said certain trading and order data was not feeding into its trade surveillance platforms.

Sanctions

EU, US, UK to Respond to Death of Top Putin Critic With Sanctions

By Editors | 20/02/2024

Aleksei Navalny, who survived a poisoning four years ago, died in a remote Arctic prison where he was serving a three-decade sentence.

Securities / Derivatives

Philippine Exchange to Launch VWAP Trading on 1 March

By Sanday Chongo Kabange | 20/02/2024

Volume weighted average price (VWAP) trading enables investors to execute large orders without artificially inflating securities prices.

Market Infrastructure

SIFMA Backs Lawsuit Against SEC Over CAT Funding Model

By Mark Johnston | 19/02/2024

SIFMA and others say the SEC has unlawfully imposed “massive costs” on broker-dealers and investors by adopting a revised CAT funding model.

Sanctions

US Eases Restrictions on DRPK Humanitarian Activities

By Editors | 18/02/2024

NGOs will be able to engage in a broader range of humanitarian-related activities involving North Korea with fewer bureaucratic hurdles.