Daily Briefing: Supriya Sule on Delimitation Bill; PM Modi’s planned visit to Punjab amid Satluj row

• The Monetary Authority of Singapore (MAS) has identified significant gaps in the Anti-Money Laundering (AML) controls currently utilized by several cryptocurrency firms. • The regulator specifically flagged deficiencies in critical areas, including customer due diligence checks, transaction monitoring, and the management of token transfers.

• European airlines are facing increased risks of insolvency and restructuring due to rising fuel costs triggered by the conflict in Iran. • The surge in oil prices is expected to hit the industry particularly hard during the peak summer travel season.

• The Court of Justice of the European Union ruled that Spain's controversial amnesty law for Catalan separatists does not violate European Union law. • The decision provides a significant legal victory for Prime Minister Pedro Sánchez, who granted the blanket pardon to secure necessary parliamentary support after the 2023 national elections.

• President Donald Trump nominated Jay Clayton to serve as Director of National Intelligence (DNI), but the pick has sparked controversy after Clayton refused to acknowledge Joe Biden's 2020 election victory. • The nomination follows the resignation of Tulsi Gabbard and the tenure of acting DNI Bill Pulte, who has faced criticism over his national security experience and accusations against Fed Governor Lisa Cook.

• On 4 March 2026, a US military vessel torpedoed and sank the unarmed Iranian frigate IRIS Dena off the southern coast of Sri Lanka. • The attack resulted in over 80 deaths and more than 30 injuries among Iranian sailors who were returning home from the Indian Navy's biennial Exercise MILAN.

• The Supreme Court upheld a two-year prison sentence for Rep. Kweong Seong-dong of the People Power Party (PPP) on Thursday. • The ruling follows convictions for accepting illegal political funds sourced from the Unification Church.

• President Tharman Shanmugaratnam concluded a state visit to Malaysia, emphasizing the need for both nations to collaborate in driving ASEAN's economic growth. • The two countries aim to focus on high-potential sectors, specifically targeting advancements in green energy and the digital economy.

• AgEagle Aerial Systems (UAVS) stock rose 3.73% to $0.78 today, driven by increased investor interest and the company's recognition as a major competitor in drone software. • This upward movement follows a period of sustained bearish momentum, though recent technical shifts are creating a more balanced outlook for the stock.

• France's National Assembly has granted final approval to a bill permitting adults with incurable illnesses to access lethal medication for assisted dying. • Separately, a similar proposal in England and Wales suggests allowing adults with less than six months to live to apply for assisted death, pending approval from two doctors and an expert panel.

• France’s National Assembly is preparing to give final approval to a bill that would allow adults suffering from incurable illnesses to access lethal medication. • The legislation aims to provide a legal framework for assisted dying, ensuring patients with terminal conditions have a regulated way to end their suffering.

• The 719 lawmakers of the European Parliament are beginning a six-week summer recess. • Despite the break, political maneuvering continues as members prepare for upcoming legislative battles and strategic shifts.