SANCTIONS

Sanctions

New Zealand Announces New Russia-related Sanctions

By Editors | 12/07/2024

The sanctions target Russian weapons manufacturers, as well as the supply of Iranian drones and North Korean weapons to Russia.

Sanctions

US: Two Men Plead Guilty to Russia Export Control Violations

By Editors | 11/07/2024

The two men shipped US-manufactured dual-use electronics to Turkey, Hong Kong, India, China, and UAE before they were rerouted to Russia.

Sanctions

Switzerland Expands Sanctions Against Russia

By Editors | 10/07/2024

The targets align with the EU’s 14th package, but measures targeting the energy, financial and goods sectors are still being examined.

Sanctions

US Treasury Proposes to Expand Jurisdictional Reach of CFIUS

By Editors | 09/07/2024

The proposed rule adds 56 military installations to the list of installations around which CFIUS has jurisdiction.

Sanctions

Russia, Iran Integrate National Payment Systems

By Editors | 08/07/2024

Work to link Russia’s MIR network and Iran’s Shetab has been finalised. Agreement also signed on use of national currencies.

AML / KYC

Nordea Charged for Laundering $3.8b for Russian Clients

By Editors | 08/07/2024

Danish authorities said Nordea did not adequately investigate transactions by Russian clients and ignored other warnings.

Sanctions

US Working on Plan to Target Russian ‘Shadow Fleet’ Vessels

By Editors | 08/07/2024

The US is reportedly looking to impose specific penalties on Russian shadow fleet tankers but the effort has stalled.

Sanctions

Iran’s New President Seeks Lifting of Sanctions

By Editors | 08/07/2024

New President Masoud Pezeshkian has indicated Iran would seek greater engagement with the US and a revival of the JCPOA.

Sanctions

Russia Urges Crypto Use for Cross-border Payments

By Editors | 04/07/2024

CBR governor Elvira Nabiullina said Russia has softened its stance on the use of cryptocurrencies in international payments.