The CFTC Market Participants Division staff provided financial reporting relief to nonbank swap dealers in Australia and Singapore.

OFAC sanctioned eight Chinese technology firms for supporting the tracking and surveillance of minority groups in China, including members of the predominantly Muslim Uyghur and Kazakh communities. OFAC placed these companies on the Non-Specially Designated Nationals Chinese Military-Industrial Complex List.

The CFPB ordered five companies to provide information regarding their "buy now, pay later" credit programs. The CFPB expects to publish findings on the risks of these programs concerning accumulation of debt, regulatory arbitrage and data harvesting.

President Biden signed an Executive Order to combat the escalating threat of transnational organized crime.

President Biden signed an Executive Order authorizing the Secretary of the Treasury to impose sanctions on foreign persons engaged in drug trafficking.

The SEC staff granted no-action relief to an Australian security-based swap dealer from certain financial reporting requirements.

The CFTC Division of Market Oversight and Market Participants Division extended no-action relief to swap dealers and granted an exemption to certain trading facilities from registering with the CFTC as swap execution facilities in connection with Brexit.

The SEC staff provided no-action relief to security-based swap dealers from certain financial reporting requirements.

The SEC took a number of actions to address substituted compliance determinations for security-based swap dealers, including (i) amending orders previously granted covering Germany, France and the United Kingdom, and (ii) adopting an additional determination for Spain.

The SEC issued an Order specifying the conditions that a non-U.S. security-based swap dealer relying on substituted compliance must satisfy when filing certain financial reports.