SANCTIONS

Sanctions

US Targets Almost 400 Entities in Latest Russia Sanctions Package

By Editors | 01/11/2024

The action targets individuals and entities across 17 jurisdictions, including India, China, Switzerland, Malaysia, Thailand, Singapore, and the UK.

Sanctions

Australia Completes Review of Autonomous Sanctions Framework

By Editors | 31/10/2024

Most submissions to the review supported proposals to streamline the legal framework, improve the permit application process, and legislate a humanitarian exemption.

Sanctions

UK, EU, Canada Announce New Sanctions Targeting Myanmar Military

By Editors | 31/10/2024

The sanctions target those supplying aviation fuel to Myanmar’s military in response to airstrikes against civilians, as well as scam operations in the country.

Sanctions

New Zealand Launches Review of Russia Sanctions Act

By Editors | 31/10/2024

The review aims to assess the Act’s operation and effectiveness, focusing on its practicality, compliance costs, and achievement of its purpose.

Sanctions

US Finalises Rule Blocking Investments in Chinese Technology

By Editors | 31/10/2024

The rule seeks to prevent the use of US resources to finance China-made semiconductors, quantum computing tech and AI.

Sanctions

UK Sanctions Three Entities Responsible for Russian Disinformation

By Editors | 31/10/2024

The three entities are responsible for a “vast malign online network” which “plagues social media with fake posts, counterfeit documents and deepfake material”.

Sanctions

India, Malaysia Supplying Nvidia AI Chips to Russia – Report

By Editors | 30/10/2024

An Indian company reportedly exported advanced Dell servers with high-end Nvidia processors to Russia between April to August 2024.

Sanctions

Russia’s State Duma Ratifies Defence Treaty with North Korea

By Editors | 27/10/2024

The ratification comes as the US confirmed South Korean intelligence that thousands of North Korean troops have been deployed to Russia for training.

AML / KYC

FATF Plenary Adds Four Countries, Removes One from Grey List

By Manesh Samtani | 27/10/2024

The FATF also revised its national ML risk assessment guidance, agreed to consult on revisions to support financial inclusion, and launched three new projects.