AML / KYC

AML / KYC

Russia Warns of “Swift” Response to US Energy Import Ban

By Manesh Samtani | 10/03/2022

EU adds 160 names to sanctions list, extends SWIFT ban to Belarus; New Zealand passes Russia Sanctions Bill. Fitch projects “imminent” sovereign default.

AML / KYC

US Ramps Up Russia Pressure With Energy Import Ban

By Manesh Samtani | 09/03/2022

Russian energy will no longer be accepted at US ports and will be phased out in the UK and EU. New sanctions imposed by APAC jurisdictions.

AML / KYC

Australia Sanctions More Russians Over Disinformation Campaign

By Editors | 08/03/2022

Australia’s sovereign wealth fund, Future Fund, is reportedly trying to divest AUD 200 million of holdings in Russian companies.

AML / KYC

Japan to Freeze More Russian Assets, Block More Exports

By Editors | 08/03/2022

Japan has added 32 Russian and Belarusian officials and oligarchs to its sanctions list and will freeze the assets of an additional four banks.

AML / KYC

US Lawmakers Ask HSBC to Justify HK Account Freezes

By Ranamita Chakraborty | 08/03/2022

A letter from a bipartisan group of US lawmakers asks HSBC to justify its actions to freeze the accounts of activists, independent media, and civic groups in Hong Kong.

AML / KYC

BOT Extends Deadline for PayPal’s AML Compliance to Year-End

By Sanday Chongo Kabange | 08/03/2022

PayPal was scheduled to suspend most services for Thai consumers from 7 March as part of a relaunch of its services to comply with local regulations.

AML / KYC

S. Korea Imposes Additional Sanctions Against Russia

By Editors | 08/03/2022

The government is also making available KRW 2 trillion in emergency lending support to Korean businesses impacted by the ongoing crisis in Ukraine.

AML / KYC

IMDA Starts Onboarding Banks to New SMS SenderID Registry

By Editors | 08/03/2022

IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.

AML / KYC

SGX Issues Directions to Listed Issuers on Sanctions Compliance

By Manesh Samtani | 08/03/2022

Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.