Scope
v1 supports only the AWS standard partition (aws, commercial regions).
Because STS is a global service, the STS client used for identity verification (sts:get-caller-identity) is pinned to us-east-1. Within the commercial partition, it works regardless of which --regions you specify.
Behavior against member accounts in non-commercial partitions, such as AWS GovCloud (US) and China regions (aws-us-gov / aws-cn partitions), is out of scope for v1 and has not been tested.