On 20 September 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act.
Enacting the UN’s decision to amend 1 entry on 20 September 2024, the following entry has been amended on the DPRK financial sanctions regime and remains subject to an asset freeze:
Mobile Application (App) Alert – Fraudulent mobile application (App) related to Bank of Singapore Limited
HKMA
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of Singapore Limited relating to a fraudulent App, which has been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
SEC Charges Advisory Firm Macquarie Investment Management Business Trust with Fraud
SEC
Firm to pay nearly $80 million in connection with overvaluing assets and engaging in unlawful cross trades
Washington D.C., Sept. 19, 2024 —
The Securities and Exchange Commission today announced registered investment adviser Macquarie Investment Management Business Trust (MIMBT) will pay a total of $79.8 million to settle charges for overvaluing approximately 4,900 largely illiquid collateralized mortgage obligations (CMOs) held in 20 advisory accounts, including 11 retail mutual funds, and for executing hundreds of cross trades between advisory clients that favored certain clients over others.