United States

PEPs & Sanctions

US Sanctions Chinese Oil Refinery for Buying Iranian Oil

By Manesh Samtani | 21/03/2025

8 vessels and 12 additional entities were also sanctioned, including the owner of an oil storage terminal in China’s Huizhou Port.

Clearing & Post-Trade

Taiwan Mandates Central Clearing for TWD Interest Rate Swaps

By Mark Johnston | 20/03/2025

TAIFEX launched OTC clearing services for TWD IRS contracts in 2022, but central clearing has not yet been mandatory.

Cryptocurrency

MAS Grants In-Principle Approval to Crypto Major Cumberland

By Nithya Subramanian | 19/03/2025

Cumberland’s regulatory progress in Singapore comes after the US SEC agreed to drop its lawsuit against the firm earlier this month.

PEPs & Sanctions

US Sanctions Thai Officials Over Deportation of Uyghurs to China

By Nithya Subramanian | 18/03/2025

The US has implemented a new visa restriction policy to deter countries from repatriating Uyghurs and other groups to China.

Fraud, Scams & Cybercrime

Thailand Tightens Industry Controls Against Mule Accounts

By Nithya Subramanian | 18/03/2025

Previous regulatory measures targeting money mules have pushed fraudsters to try to exploit corporate accounts.

Cryptocurrency

Coinbase Secures Registration with India’s Financial Intelligence Unit

By Nithya Subramanian | 17/03/2025

Coinbase, which was forced to exit the Indian market in 2022, now plans to re-launch retail services later this year.

Trading & Investment

Thai SEC Updates Rules to Allow Leveraged & Inverse ETFs

By Mark Johnston | 17/03/2025

Thailand’s securities watchdog greenlights new regulations on leveraged and inverse ETFs, opening up new investment products to the market.

PEPs & Sanctions

OFAC Imposes New Sanctions Targeting Iranian Oil Deliveries to China

By Manesh Samtani | 14/03/2025

Targets include entities in Hong Kong, Mainland China, India, Singapore, Indonesia, Bangladesh, Sri Lanka

Anti-Money Laundering

Indian Authorities Arrest Co-founder of Crypto Exchange Garantex

By Nithya Subramanian | 13/03/2025

The arrest was made at the request of US authorities, who have charged Aleksej Besciokov for conspiracy to commit money laundering and violate sanctions.