ADVERTISEMENT
SANCTIONS
Sanctions
OFAC Removes Former VTB Bank Subsidiary from Sanctions List
By Editors | 04/04/2024
German authorities took control of VTB’s European subsidiary in 2022. The Russian parent was unable to exercise its rights due to sanctions.
Sanctions
More of Central Asia Stops Accepting Russian Mir Cards
By Editors | 04/04/2024
Kyrgyzstan’s national payments operator, and banks in Kazakhstan and Tajikistan, have stopped accepting Mir cards due to sanctions concerns.
Sanctions
US Lawmakers Propose Four New Anti-China Bills
By Editors | 03/04/2024
One bill would prevent index funds from investing in Chinese companies. Another would require listed companies to disclose their “China risks”.
Sanctions
BVI Government to Establish Dedicated Sanctions Unit
By Editors | 03/04/2024
The new unit is being established with UK support to help ensure the effective implementation and enforcement of sanctions.
Sanctions
US Urges Korea to Restrict Technology Exports to China
By Editors | 03/04/2024
The US has asked South Korea to restrict the flow of equipment and technologies for making high-end logic and memory chips to China.
Crypto / Digital Assets
Russia Using Tether Stablecoin to Circumvent Sanctions – Report
By Editors | 02/04/2024
One China-based smuggler used a Hong Kong distributor, shipments via Central Asia, and Tether for payments to fulfill Russian orders for drone parts.
Sanctions
Russia Blocks UNSC Resolution to Extend Mandate of DPRK Expert Panel
By Editors | 31/03/2024
The Russian veto will force the panel of experts to disband at the end of April, though the UNSC sanctions against North Korea will remain in place.
AML / KYC
Singapore: ACIP Sheds Light on Use of Data Analytics for AML/CFT
By Manesh Samtani | 30/03/2024
New paper discusses current and future uses of data analytics for AML/CFT, and how information shared over COSMIC could be leveraged to enhance such solutions.
Sanctions
US, UK Announce New Sanctions Targeting Hamas Financing
By Editors | 29/03/2024
Two individuals and three entities were sanctioned by the US and UK for engaging in fundraising efforts to support Hamas.
Sanctions
US and South Korea Jointly Announce New DPRK Sanctions
By Editors | 29/03/2024
The US and South Korea also launched a new task force that will work to disrupt North Korean refined oil procurement networks.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team