Sanctions

    AML / KYC

    US Concerned India is Routing Russian Oil to New York

    By Editors | 22/08/2022

    An Indian vessel picked up oil from a Russian tanker at sea, then brought it to an Indian port to be refined and shipped on to New York.

    Sanctions

    LME Bans Russian Nickel From UK Warehouse Facilities

    By Editors | 18/08/2022

    Higher duties on Russian metals imposed as part of a sanctions package have now been extended to nickel.

    AML / KYC

    China Sanctions Taiwanese Politicians Over Official US Visit

    By Editors | 17/08/2022

    China’s sanctions targets include Taiwan’s de facto ambassador to the US, five lawmakers and an activist.

    AML / KYC

    Moscow Reopens Bond Market to ‘Friendly’ Nations

    By Manesh Samtani | 17/08/2022

    Investors from “unfriendly” countries remain subject to capital controls banning them from selling or collecting payments on Russian securities.

    AML / KYC

    Three Associated with Tornado Cash Allegedly Arrested

    By Manesh Samtani | 16/08/2022

    Dutch authorities arrested a software developer of crypto mixer Tornado Cash last week. Two others were reportedly arrested in the US and Estonia.

    AML / KYC

    Former BitMEX Exec to Pay Fine for Violating AML Law

    By Editors | 11/08/2022

    The US Attorney previously secured judgments against the firm’s three co-founders for violating US derivatives laws and AML rules.

    AML / KYC

    Iran Makes First Import Order Using Crypto – Report

    By Editors | 10/08/2022

    By end September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries, an Iranian official said.

    AML / KYC

    OFAC Sanctions Crypto Mixing Service Tornado Cash

    By Manesh Samtani | 09/08/2022

    The US Treasury Department says Tornado Cash has been used to launder over USD 7 billion worth of crypto since it was created in 2019.

    AML / KYC

    Russia Bars Asset Sales by Investors from Unfriendly Nations

    By Editors | 09/08/2022

    A presidential decree prevents investors from so-called unfriendly countries from selling their stakes in banks, strategic entities, and other projects.

    AML / KYC

    FSB Gives Full Support to Wide LEI Use in Global Payments

    By Clare Rowley | 09/08/2022

    The FSB’s recommendation that the LEI should be used more widely in payments will catalyze increased global LEI adoption, says GLEIF’s Clare Rowley.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team