United States

PEPs & Sanctions

OFAC Fines Global Advisory Firm for Russia Sanctions Breach

By Editors | 02/06/2026

The US consulting firm indirectly extended prohibited debt to a sanctioned Russian bank in connection with a civil litigation case in Singapore.

PEPs & Sanctions

US Treasury Culls Sanctions List to Ease Compliance Burden

By Manesh Samtani | 02/06/2026

The move is part of a new modernisation effort by OFAC to ensure sanctions remain targeted and effective.

Structural Regulation

Vietnam to Enhance FX Transparency with New Disclosures

By Editors | 02/06/2026

The SBV has committed to new public disclosure standards for its foreign exchange operations, a key outcome of high-level talks with the US Treasury.

Reporting & Disclosures

US SEC Proposes Full Reversal of 2024 Climate Disclosure Rule

By Manesh Samtani | 02/06/2026

The regulator has proposed a full rescission of its landmark rules, citing concerns over statutory authority and a return to financial materiality.

PEPs & Sanctions

US Targets APAC Shipping Network in New Iran Sanctions

By Editors | 01/06/2026

OFAC has sanctioned multiple entities in Hong Kong, the UAE, and India for their alleged roles in facilitating Iran's illicit military oil trade.

Anti-Money Laundering

US DOJ Seizes New York Apartment in 1MDB Asset Recovery

By Editors | 29/05/2026

The DOJ has secured the forfeiture of a luxury property and rental income worth over USD 6 million, allegedly purchased with funds misappropriated from Malaysia's 1MDB.

Anti-Money Laundering

FDIC Proposes New AML, Sanctions Rules for Stablecoin Issuers

By Manesh Samtani | 28/05/2026

The proposal would require the US banking regulator to consult with the Treasury's financial crime unit before taking enforcement actions.

Tokenisation

Project Agora Finds No Legal Barriers to Tokenised Cross-Border Payments

By Manesh Samtani | 28/05/2026

BIS-led project involving seven central banks has concluded its prototype for tokenised payments is compatible with existing legal frameworks.

PEPs & Sanctions

US Banks Under Fire for Underwriting IPOs for Blacklisted Chinese Firms

By Manesh Samtani | 28/05/2026

A congressional committee found JPMorgan, BofA and Morgan Stanley helped Chinese military-linked and forced-labour-tied companies raise billions.