Sanctions

Enforcement

Malaysia to Tighten Semiconductor Regulations Amid US Pressure

By Nithya Subramanian | 25/03/2025

The US has asked Malaysia to monitor every shipment containing Nvidia chips and ensure they are not diverted to China in violation of export controls.

Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Sanctions

UK Imposes Human Rights Sanctions on Four Sri Lankans

By Manesh Samtani | 25/03/2025

The four individuals committed extrajudicial killings, torture and/or perpetration of sexual violence during the Sri Lanka civil war

Sanctions

OFAC Removes Crypto Mixer Tornado Cash from Sanctions List

By Manesh Samtani | 24/03/2025

The decision follows a court decision that Tornado Cash’s smart contracts do not qualify as ‘property’ under the IEEPA.

Sanctions

OFAC Publishes Final Rule Extending Record-keeping Requirements

By Editors | 24/03/2025

The extension of record-keeping requirements is meant to align with the extension of the statute of limitations for sanctions violations.

Sanctions

US Sanctions Chinese Oil Refinery for Buying Iranian Oil

By Manesh Samtani | 21/03/2025

8 vessels and 12 additional entities were also sanctioned, including the owner of an oil storage terminal in China’s Huizhou Port.

Sanctions

US Sanctions Thai Officials Over Deportation of Uyghurs to China

By Nithya Subramanian | 18/03/2025

The US has implemented a new visa restriction policy to deter countries from repatriating Uyghurs and other groups to China.

Sanctions

OFAC Imposes New Sanctions Targeting Iranian Oil Deliveries to China

By Manesh Samtani | 14/03/2025

Targets include entities in Hong Kong, Mainland China, India, Singapore, Indonesia, Bangladesh, Sri Lanka

Sanctions

Indian Authorities Arrest Co-founder of Crypto Exchange Garantex

By Nithya Subramanian | 13/03/2025

The arrest was made at the request of US authorities, who have charged Aleksej Besciokov for conspiracy to commit money laundering and violate sanctions.