SANCTIONS

Sanctions

Canada Imposes More Sanctions Over Alexei Navalny’s Death

By Editors | 19/06/2024

This is Canada’s 5th package of sanctions imposed in response to the poisoning, imprisonment and death of Russian opposition leader Alexei Navalny.

Sanctions

Sanctioned Russian Billionaire Files Lawsuit Against UBS – Reports

By Editors | 19/06/2024

Alisher Usmanov claims that STRs filed by UBS were “unsubstantiated, if not knowingly false” and triggered an illegal criminal investigation against him.

Sanctions

OFAC Sanctions Targets Linked to Houthi Weapons Procurement

By Editors | 18/06/2024

OFAC designated three companies in China; entities in Hong Kong, UAE and Oman; three individuals; and a vessel.

Sanctions

G7 Leaders Issue Joint Sanctions Warning Against China

By Editors | 17/06/2024

The G7 vowed to take measures against actors in China that materially support Russia’s “war machine”, including FIs.

Sanctions

EU Sanctions Package Delayed Over Verification Rule

By Editors | 16/06/2024

Germany fears that its exporters could be impacted by requirements to verify that customers are not transshipping goods to Russia.

Sanctions

Indian Banks Calls on Government to Set Up “OFAC Cell”

By Editors | 16/06/2024

Bankers say an “OFAC cell” created within the DFS could help them minimise the risks of sanctions non-compliance.

Sanctions

US Sanctions Israeli Group for Blocking Humanitarian Aid

By Editors | 16/06/2024

Last month, the group’s members “looted and then set fire to two trucks” carrying humanitarian aid destined for Gaza.

Sanctions

US, Türkiye Issue Joint Sanctions on ISIS Supporters

By Editors | 15/06/2024

The US sanctions, coordinated with the Turkish government, target supporters of a human smuggling gang linked to ISIS.

Sanctions

Japan Considers Sanctions Against Chinese, Indian Firms

By Editors | 15/06/2024

Japan is considering imposing sanctions against entities in China, India, UAE, Uzbekistan, and Kazakhstan.