Hong Kong’s de facto central bank is turning to generative artificial intelligence to enhance its oversight of non-bank ...

The Hong Kong Monetary Authority is turning to generative artificial intelligence to enhance its oversight of non-bank financial institutions (NBFIs), as regulators begin to see tangible benefits from ...

Racing is back at The Spa for this special July 4th racing festival. Friday’s holiday card features a star-studded Late Pick ...

US sanctions over 30 individuals and entities in an Iranian "shadow banking" network, accused of laundering billions globally. Treasury Secretary Scott Bessent states this system is a "critical ...

WASHINGTON (Reuters) -The U.S. issued Iran-related sanctions targeting more than 30 individuals and entities it said are part of a "shadow banking" network that has laundered billions of dollars ...

US targets Iran’s shadow banking with new sanctions World Published 06/06/2025, 10:19 AM Updated 06/06/2025, 01:45 PM ...

It was the first round of US sanctions targeting the shadow banking infrastructure since Trump re-imposed “maximum pressure” on Iran in February, Treasury said.

Iran’s Foreign Ministry on Saturday condemned new United States sanctions targeting the country’s alleged “shadow banking” network and oil trade.