SANCTIONS

Sanctions

Taiwan Bans Chip Exports to Huawei, SMIC and Other Entities

By Mark Johnston | 18/06/2025

In total, 601 entities “involved in arms proliferation activities” were added to an export blacklist in Taiwan.

AML / KYC

FATF Approves New Transparency Standards for Cross-Border Payments

By Manesh Samtani | 16/06/2025

The plenary also endorsed updated financial inclusion guidance to address the issue of ‘de-risking’ and agreed to publish several other reports.

Sanctions

EU Proposes Sanctions on Two Chinese Banks over Russia Trade Links

By Editors | 14/06/2025

The EU has proposed sanctions on two small regional Chinese banks as part of the 18th package of sanctions against Russia.

Sanctions

US Sanctions Force Singapore Cargo Inspection Firm to Close

By Editors | 12/06/2025

US sanctions prompted customers to cancel orders and banks to stop providing services, forcing CCIC Singapore to cease operations and lay off staff.

AML / KYC

Data Silos Must Fall to Combat Converging Financial Crime Types: Experts

By Manesh Samtani | 12/06/2025

More collaboration is needed as typologies collide, financial crime experts said at a roundtable hosted by Quantexa and Regulation Asia.

AML / KYC

Australian Sanctions Office Provides Guidance for High-Risk Sectors

By Nathan Lynch | 11/06/2025

The ASO released extensive guidance for those operating in high-risk sectors, including crypto, DeFi and remittance companies.

Sanctions

Five Nations Sanction Israeli Ministers, US Condemns Move

By Editors | 11/06/2025

UK, Canada, Norway, Australia and New Zealand sanctioned two Israeli ministers for inciting extremist violence and human rights abuses.

AML / KYC

Banks Need Both Tech and Talent to Combat TBML: Experts

By Nathan Lynch | 09/06/2025

While banks are innovating to tackle TBML, the complexity of trade means they must continue to rely on human experience […]

AML / KYC

US Sanctions Iran Shadow Banking Network, Including HK Front Companies

By Manesh Samtani | 08/06/2025

OFAC has sanctioned a network laundering billions for Iran, targeting 10 individuals and 27 entities based in Iran, China, Hong Kong, and the UAE.