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US: French Bank Settles OFAC Charges for Syrian Sanctions Violations

www.findknowdo.com/news/01/07/2021/french-bank-settles-ofac-charges-syrian-sanctions-violationswww.addleshawgoddard.com/en/insights/insights-briefings/2021/corporate-crime–investigations-update/corporate-crime-update-8-january-2021/buckleyfirm.com/blog/2021-01-15/ofac-issues-syria-related-settlement-french-bank-85-million#page=1www.steptoeinternationalcomplianceblog.com/2021/01/ofac-asserts-jurisdiction-over-french-bankss-internal-transfers-and-foreign-exchange-transactions/#page=1See also:www.findknowdo.com/news/04/05/2021/ofac-issues-new-faqs-syria-related-sanctions?utmwww.findknowdo.com/news/08/27/2021/bank-and-parent-company-settle-ofac-charges-iranian-and-syrian-sanctions-violations?utmhsfnotes.com/sanctions/2021/08/31/ofac-enters-settlement-agreement-with-a-non-u-s-company-and-its-u-s-parent-company-related-to-violations-of-iran-and-syria-sanctions/#page=1buckleyfirm.com/blog/2021-09-01/ofac-reaches-settlement-romanian-bank-iranian-and-syrian-sanctions-violations#page=1 0
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US: OCC Authorizes Banks to Leverage Cryptocurrency Payment Networks

www.blockchainlegalresource.com/2021/01/occ-authorizes-banks-to-leverage-cryptocurrency-payment-networks/#page=1www.findknowdo.com/news/01/05/2021/occ-issues-interpretation-independent-node-verification-networks-and-stablecoins?utmwww.blockchainlegalresource.com/2021/01/occ-authorizes-banks-to-leverage-cryptocurrency-payment-networks/#page=1www.nutter.com/trending-newsroom-publications-fintech-in-brief-occ-crypto-relatedbuckleyfirm.com/blog/2021-01-08/occ-banks-may-use-independent-node-verification-networks-and-stablecoins-payment-activities#page=1www.blockchainlegalresource.com/2021/01/occ-authorizes-banks-to-leverage-cryptocurrency-payment-networks/#page=1www.mofo.com/resources/insights/210115-occ-permits-independent-node-verification-networks-stablecoins.htmlwww.jonesday.com/en/insights/2021/01/fintech-occ-issues-significant-ruling-permitting-national-banks-to-use-invn-and-stablecoin-technologyblockchain.bakermckenzie.com/2021/01/21/in-one-of-the-last-acts-under-comptroller-of-the-currency-brian-brooks-the-u-s-occ-clarifies-that-federally-chartered-banks-and-thrift-institutions-may-participate-in-independent-node-verification-n/#page=1www.whitecase.com/publications/alert/stabilized-occ-settles-debate-about-regulatory-characterization-bank-issuedbuckleyfirm.com/blog/2021-01-27/occ-addresses-permissible-activities-chartered-national-banks#page=1www.dlapiper.com/en/us/insights/publications/2021/01/occs-interpretive-letter-on-banks-authority-to-participate-in-invns-and-use-stablecoins/info.dechert.com/10/15068/february-2021/occ-confirms-authority-of-national-banks-to-use-independent-node-verification-networks-and-stablecoins-for-payment-activities.aspwww.forensicrisk.com/is-the-occ-dragging-the-legacy-banking-system-kicking-and-screaming-into-the-crypto-world/ See also:bit.ly/3bjWf4Mwww.dlapiper.com/en/us/insights/publications/2021/01/insight-into-the-occs-perspective-on-stablecoins-and-decentralized-finance/www.troutman.com/insights/the-rise-of-cryptocurrency-for-banks.html Update:www.findknowdo.com/news/08/11/2022/senators-request-acting-occ-comptroller-rescind-crypto-related-interpretive-letters?utmfintechperspectives.shearman.com/post/102huym/u-s-senators-ask-the-occ-to-rescind-crypto-related-interpretations 0
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US: New Executive Order prohibits Securities Investments in Companies linked to PR China Military

www.findknowdo.com/news/11/13/2020/new-executive-order-prohibits-us-securities-investments-companies-linked-prc-military?utmwww.findknowdo.com/news/12/29/2020/ofac-issues-faqs-communist-chinese-military-companies?utm Update:www.findknowdo.com/news/01/05/2021/ofac-issues-new-guidance-chinese-military-companies-sanctions?utmwww.findknowdo.com/news/01/06/2021/ofac-issues-additional-guidance-sanctions-against-chinese-military-companies?utmwww.findknowdo.com/news/01/11/2021/ofac-authorizes-certain-transactions-involving-communist-chinese-military-companies?utmwww.findknowdo.com/news/01/14/2021/new-eo-expands-prohibitions-investments-chinese-military-companies?utmwww.findknowdo.com/news/01/15/2021/ofac-authorizes-securities-transactions-involving-communist-chinese-military-companies?utmwww.findknowdo.com/news/01/27/2021/ofac-extends-authorization-transactions-involving-securities-certain-communist-chinese-military-companies?utmsanctionsnews.bakermckenzie.com/ofac-issues-general-license-1a-concerning-restrictions-on-communist-chinese-military-companies-and-related-faqs/#page=1www.findknowdo.com/news/03/15/2021/ofac-issues-faqs-certain-sanctioned-communist-chinese-military-companies?utmwww.findknowdo.com/news/05/06/2021/ofac-issues-faq-sanctioned-communist-chinese-military-company?utmwww.findknowdo.com/news/05/18/2021/ofac-extends-authorization-securities-transactions-involving-certain-communist-chinese-military-companies?utmwww.findknowdo.com/news/05/28/2021/ofac-issues-faq-formerly-sanctioned-communist-chinese-military-company?utmwww.k2integrity.com/en/knowledge/policy-alerts/biden-revises-ban-on-us-investors-buying-certain-chinese-securitiesbuckleyfirm.com/blog/2021-06-03/ofac-updates-faqs-sanctioned-chinese-military-companies#page=1www.findknowdo.com/news/11/10/2021/president-biden-extends-national-emergency-prohibiting-investments-prc-linked-military-companies?utmwww.findknowdo.com/news/02/16/2022/ofac-issues-chinese-military-industrial-complex-sanctions-regulations?utmwww.findknowdo.com/news/06/02/2022/ofac-issues-new-faqs-chinese-military-industrial-complex-sanctions?utm 0
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UK: PRA publishes Policy Statement on remuneration provisions for Banks and Credit Institutions

sites-herbertsmithfreehills.vuturevx.com/42/24280/compose-email/pra-publishes-policy-statement-on-remuneration-provisions-for-banks-and-credit-institutions.asphsfnotes.com/fsrandcorpcrime/2020/12/16/pra-publishes-policy-statement-on-remuneration-provisions-for-banks-and-credit-institutions/#page=1insightplus.bakermckenzie.com/bm/employment-compensation/covid-19-united-kingdom-pra-allows-cash-bonuses-of-large-uk-banks-to-recommencewww.bclplaw.com/en-US/insights/remuneration-code-changes-now-in-force-what-do-you-need-to-know.htmlsites-herbertsmithfreehills.vuturevx.com/50/26779/landing-pages/a-guide-to-the-mifidpru-remuneration-code-for-uk-investment-firms.pdf See also:www.cms-lawnow.com/ealerts/2021/08/executive-remuneration-new-mifidpru-remuneration-code?cc_lang=en Update:New MIFIDPRU Remuneration Code for all FCA investment firms (burges-salmon.com)www.penningtonslaw.com/news-publications/latest-news/2022/bumper-bonuses-promised-but-what-are-the-limitationswww.lewissilkin.com/en/insights/new-remuneration-code-for-investment-firms-regulated-under-the-markets-in-financial 0
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US: FDIC adopts Revisions to Brokered Deposit Regime

buckleyfirm.com/blog/2020-12-18/fdic-approves-final-brokered-deposits-rule-clarifies-fintech-partnershipswww.findknowdo.com/news/12/16/2020/fdic-adopts-revisions-brokered-deposit-regime?utmwww.sidley.com/en/insights/newsupdates/2020/12/fdic-final-rule-on-brokered-depositswww.mayerbrown.com/en/perspectives-events/podcasts/2021/03/what-changed-understanding-the-fdics-revisions-to-the-brokered-deposits-restrictions#page=1 0
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Turkey: Implementation of Video identification as primary method during digital onboarding

bit.ly/3rJYQdlwww.canpolatlegal.com/category/insights/ Update:www.tevetoglu.av.tr/en/new-and-insight/regulation-on-remote-identification-methods-to-be-used-by-banks-and-establishment-of-contractual-relations-in-electronic-environment-is-publishedwww.morogluarseven.com/news-and-publications/regulation-on-remote-identity-verification-and-remote-contract-execution-of-banks-published-in-official-gazette/www.gurkaynak.av.tr/docs/1ca39-mondq-turkey-new-regulation_on_remote_customer_identific….pdfwww.morogluarseven.com/news-and-publications/the-regulation-amending-the-regulation-on-remote-identification-methods-to-be-used-by-banks-and-the-establishment-of-a-contract-relationship-in-the-electronic-environment-was-published/www.cetinkaya.com/Print/Pdf/e315c593-cf26-4d51-0255-08da4fb04530Amendments were made in Remote Identification Methods of the Banks for the Remote Identification in Electronic Environment and Execution of Agreements. – Moroğlu Arseven (morogluarseven.com) See also:www.cms-lawnow.com/ealerts/2022/08/digital-banking-regulation-goes-into-effect-in-turkey?cc_lang=en 0
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Uganda: Does a foreign lender require a license?

www.ensafrica.com/news/detail/3443/does-a-foreign-lender-to-a-ugandan-business-r/www.africalegalnetwork.com/legal-alert-unlicensed-foreign-bank-loans-declared-illegal-ugandan-high-court/www.ensafrica.com/news/detail/4228/does-a-foreign-lender-to-a-ugandan-business-r Update:ENSafrica – News – Licensing of foreign lenders in Uganda: much ado about nothing 0
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