Sanctions

UK Sanctions “Infamous Kleptocrats” to Start Anti-Corruption Campaign

25/11/2024

The FCDO said the sanctions mark “the start of a new campaign” to clamp down on corruption and illicit finance both at home and overseas.

Sanctions

US State Department “Taking Steps” to Sanction Hong Kong Officials

25/11/2024

The move is a response to the jailing of 45 pro-democracy advocates. China has vowed to take “firm countermeasures” if the sanctions come to pass.

Sanctions

OFAC Targets Russian Finance With Sweeping New Sanctions

24/11/2024

The sanctions target Gazprombank, over 50 other Russian banks, more than 40 Russian securities registrars, and 15 Russian finance officials.

Sanctions

Dutch Law Firm Found Facilitating Iranian Oil Sales – Report

23/11/2024

The Dutch law firm reportedly used a Surinamese subsidiary to set up companies to manage oil tankers that are part of Iran’s “ghost fleet”.

Sanctions

Myanmar Groups Call for Sanctions on Myanma Economic Bank

23/11/2024

Civil society groups say state-owned Myanma Economic Bank is being used to circumvent sanctions and enable the military junta to access foreign currency.

Market Infrastructure

China’s TC260 Issues Guidelines on GBA Personal Data Flows

23/11/2024

The guidelines set requirements for information processors and recipients in Mainland China and Hong Kong to ensure secure cross-border flow of personal information.

Sanctions

OFAC Sanctions Six Senior Hamas Officials and Financiers

22/11/2024

OFAC said the targets facilitate terrorist activities, represent Hamas interests abroad, and coordinate transfers of money and goods into Gaza.

Market Infrastructure

ASX Amends Position Reporting Framework, Operating Rules

21/11/2024

The changes aim to align terminology with global practice, clarify reporting requirements, and remove burdensome notification requirements.

Enforcement

Korea Extradites Russian National to US to Face Cybercrime Charges

21/11/2024

Evgenii Ptitsyn and co-conspirators developed and offered access to Phobos ransomware to enable others to encrypt victims’ data and extort ransom payments from them.