United States

Anti-Bribery & Corruption

US Recovers Additional $20m in 1MDB Corruption Probe

By Nithya Subramanian | 21/01/2025

The recovery involves funds that were embezzled from 1MDB and paid to companies owned by a US businessman

Cryptocurrency

Thailand Considers Allowing Spot Bitcoin ETFs for Retail Investors

By Mark Johnston | 21/01/2025

Thailand’s SEC is also considering allowing firms with strong credit ratings to issue stablecoins backed by corporate bonds

Cybersecurity

China Releases Reports on US Cyberattacks on Two Major Entities

By Thisanka Siripala | 21/01/2025

The targeted entities included an advanced materials research institute, and a large technology firm in the smart energy and digital information industry.

Cloud & Infrastructure

Korea FSS Issues Guidance on Financial Reporting in XBRL Format

By Editors | 21/01/2025

The FSS is progressively expanding the use of XBRL for financial reporting but has identified some deficiencies in XBRL submissions

Structural Regulation

US DOJ Sues KKR For Violating Pre-merger Review Law

By Nithya Subramanian | 21/01/2025

Investment firm KKR allegedly breached the law at least 16 times through document omissions, alterations, and failures to report deals

Cryptocurrency

Donald Trump Has Been Sworn in as US President

By Manesh Samtani | 21/01/2025

Executive orders were signed to withdraw the US from the Paris Climate Agreement and to delay enforcement of the TikTok ban

PEPs & Sanctions

OFAC Fines Machine Tools Manufacturer for Violating Russia Sanctions

By Editors | 21/01/2025

OFAC said firms should ensure they implement effective measures to prevent both direct and indirect access to their goods and services by blocked persons

PEPs & Sanctions

OFAC Fines Real Estate Company for Sanctions Evasion Scheme

By Editors | 20/01/2025

OFAC said FIs that deal with gatekeepers should conduct sufficient due diligence to ensure they are not acting as proxies for sanctioned parties

Supervision & Enforcement

US SEC Fines Vanguard for Misleading Retirement Fund Disclosures

By Nithya Subramanian | 20/01/2025

The SEC penalised Vanguard for failing to disclose tax risks tied to redemptions from its target retirement funds, leaving retail investors with higher tax liabilities.