Sanctions

Press Release

SWIFT Awarded Best Solution in PEPs & Sanctions Screening

By Editors | 10/12/2021

SWIFT was recognised for its sanctions testing service as well as its newly-launched real-time transaction screening solution, designed for ISO 20022.

Press Release

TRM Labs Named ‘One to Watch’ for Digital Asset Compliance Platform

By Editors | 10/12/2021

TRM Labs enables transaction monitoring, wallet screening, VASP due diligence, and forensics, bolstered by its extensive blockchain coverage and cross-chain analytics capabilities.

Press Release

Elliptic Wins Best Solution in Digital Asset Compliance  

By Editors | 10/12/2021

Elliptic helps cryptoasset business meet AML/CTF requirements, covering everything from onboarding and screening to customer monitoring and investigations.

AML / KYC

Australian Parliament Approves Magnitsky-style Sanctions Law

By Manesh Samtani | 05/12/2021

The legislation will allow Australia to address gross human rights violations, serious corruption, malicious cyber activity, among other themes.

Enforcement

Japan FSA Orders Mizuho to Undergo Structural Reforms

By Editors | 29/11/2021

Mizuho is directed to formulate plans to improve its governance and prevent more system failures from occurring. Three top executives will resign.

AML / KYC

Australia Introduces Sanctions Reform Bill to Parliament

By Manesh Samtani | 28/11/2021

The bill allows targeted sanctions to be imposed to address themes such as gross human rights violations, malicious cyber activity and serious corruption.

AML / KYC

US Treasury Sanctions Cambodian Officials for Corruption

By Ranamita Chakraborty | 13/11/2021

Businesses in Cambodia are warned to “be mindful of interactions with entities in corrupt business practices, criminal activities and human rights abuses”.

AML / KYC

Wolfsberg Group Endorses ISO 20022 Screening Guidelines

By Sanday Chongo Kabange | 11/11/2021

Wolfsberg Group says the adoption of ISO 20022 enables improved adherence to the group’s own ‘Payments Transparency Principles’.

Enforcement

US Treasury Announces New Ransomware-related Sanctions

By Manesh Samtani | 09/11/2021

The US Treasury Department, OFAC, State Department, DOJ, and FinCEN have taken coordinated action to counter the ransomware threat.