OFAC sanctioned a number of financial services firms for facilitating transactions or offering other services that helped OFAC-designated entities evade Ukraine war sanctions.
News & Insights
The CFTC issued Orders permitting the clearing activities of the Taiwan Futures Exchange and ICE NGX Canada.
The European Commission issued two legislative proposals aimed at (i) ensuring citizens and businesses can continue use of euro banknotes and coins and (ii) establishing a legal framework for a possible "digital form of the euro that the European Central Bank may issue in the future, as a complement to cash."
The Committee on Foreign Investment in the United States determined that the United Kingdom and New Zealand meet the criteria under CFIUS regulations to remain as "excepted foreign states" and "excepted real estate foreign states."
The SEC Division of Corporation Finance updated its Compliance and Disclosure Interpretations regarding (i) listing standards related to recovery of erroneously awarded compensation and (ii) disclosure of executive compensation by foreign issuers.