Sanctions

AML / KYC

Sanctions Enforcement Not a ‘Credible Threat’: RUSI Roundtable

By Manesh Samtani | 12/06/2023

Roundtable participants said lessons should be learnt from the significant penalties that drove banks to observe the Iran sanctions regimes.

Sanctions

EU Council Seeks to Criminalise Sanctions Circumvention

By Editors | 10/06/2023

EU member states would be obligated to criminalise sanctions circumvention, including activities to help bypass an EU travel ban or trade in sanctioned goods.

AML / KYC

Ukraine Calls on FATF to Add Russia to Blacklist

By Manesh Samtani | 09/06/2023

Ukraine says Russia has engaged in money laundering, sanctions evasion, terrorism financing, human trafficking, proliferation financing, and cyber-attacks.

Sanctions

OFAC Sanctions Chinese and HK Firms in Iranian Procurement Network

By Editors | 07/06/2023

The sanctions came the same day Iran unveiled its first hypersonic ballistic missile, which cannot be detected and tracked by existing sensor systems.

Crypto / Digital Assets

Russia Drops Plan to Establish National Crypto Exchange

By Mark Johnston | 06/06/2023

The country now plans to create rules that will enable multiple crypto trading platforms to be established and conduct cross-border transactions.

Sanctions

OFAC Sanctions Russian Intelligence Actors Who Targeted Moldova

By Editors | 06/06/2023

OFAC said the sanctioned actors provided protest training, logistical support or financial support as part of a Russian plot to capitalise on protests in Moldova.

Sanctions

OFAC Sanctions More Chinese Entities Over Fentanyl Epidemic

By Editors | 01/06/2023

The Chinese embassy in Mexico said the accusations are groundless and that China has been vigorously carrying out international anti-drug law enforcement cooperation

Sanctions

OFAC Sanctions the Head of the Wagner Group in Mali

By Editors | 30/05/2023

OFAC says the Wagner Group has been attempting to purchase military systems from foreign suppliers and routing these weapons through Mali for use in Ukraine.

Sanctions

US, South Korea Announce New Sanctions on DRPK Cyber Actors

By Editors | 27/05/2023

One of the entities jointly sanctioned by the US and South Korea employs “thousands” of North Korean IT workers that operate in Russia, China and Laos.