Weekly Roundup: U.K. Report Calls for Extension of Senior Managers Regime, Western Investors Eye Iran Startups, and More

A U.K. report called for the extension of the jurisdiction's Senior Managers Regime to the securities industry. The regime, which was finalized earlier this year, will require banks and other covered businesses to identify high-ranking employees who can be held responsible for compliance failures. More. Lawyers for Russian citizen Evgeny Buryakov, who worked in Manhattan as a banker, have asked the court to throw out espionage charges on the grounds that Buryakov was "officially sponsored" by Russia and did not need to register his status separately, the Associated Press reported. Prosecutors believe Buryakov collected intelligence on then-potential U.S. sanctions against...