Sanctions

Russia is Procuring Tank Parts Made in Japan, Taiwan via China

25/02/2024

A Belarusian-owned company in Shenzhen has reportedly been acquiring tank parts from Japanese and Taiwanese manufacturers for use by Russia.

Sanctions

New Sanctions Packages Announced to Mark Ukraine War Anniversary

25/02/2024

The US, EU, Canada, Japan and Australia announced new Russia-related sanctions, including Chinese, Indian, South Korean and Thai companies among their targets.

Capital / Liquidity

Thai SEC Passes Resolution to Revoke Zipmex Crypto Licence

23/02/2024

The SEC says Zipmex’s business licence needs to be revoked to prevent further harm to clients’ interests, after the company failed to resolve deficiencies by another deadline.

Enforcement

US Unveils Five Enforcement Actions Involving Russian Oligarchs

23/02/2024

The actions, including charges against the CEO of Russia’s VTB Bank, were unveiled just ahead of the two-year anniversary of the war in Ukraine.

Sanctions

EU Sanctions Russians Linked to Moldova Destabilisation Efforts

23/02/2024

Six individuals and one entity were sanctioned for actions aimed at destabilising, undermining or threatening Moldova’s sovereignty and independence.

Sanctions

EU Approves 13th Package of Sanctions Against Russia

22/02/2024

The new sanctions package includes trade restrictions on Chinese and Indian companies for the first time.

Sanctions

UK Imposes First Sanctions Over Death of Alexei Navalny

22/02/2024

Sanctions were imposed against six individuals who oversaw the prison camp where Navalny was held leading up to his death.

Sanctions

HSBC Wins Approval to Sell Russian Unit to Expobank

21/02/2024

HSBC announced in June 2022 that it had struck a deal to sell its Russian unit, but it has taken until now for approval from Vladimir Putin.

AML / KYC

CBA Becomes First Australia-based LEI Validation Agent

21/02/2024

CBA can now obtain and maintain LEIs for clients leveraging its ‘business-as-usual’ KYC and onboarding processes.