Sanctions

Sanctions

EU Commission Proposes 14th Russia Sanctions Package

By Editors | 07/05/2024

The package targets transshipments of Russian LNG, “shadow fleet” vessels, the SPFS interbank messaging service, and non-EU companies that help Russia.

Sanctions

US Officials in Malaysia, Singapore This Week to Discuss Sanctions

By Editors | 06/05/2024

Treasury’s Brian Nelson and Neil MacBride will meet with the Malaysian and Singapore financial sectors to discuss compliance and enforcement efforts.

Sanctions

Russia Expected to Retaliate Against Asset Confiscation

By Manesh Samtani | 06/05/2024

Confiscation of Russia’s frozen foreign reserves could result in foreign-owned private assets being seized.

Sanctions

UK Treasury Publishes Additional Guidance on Sanctions

By Editors | 05/05/2024

The FAQs cover specific sanctions regimes and countries, licensing, and the Russia oil services ban, among other areas.

Sanctions

UK Issues Further Sanctions Over Settler Violence in West Bank

By Editors | 05/05/2024

The UK sanctioned two groups and four individuals for violence against Palestinians in the West Bank.

AML / KYC

Tether to Start Monitoring Secondary Market for USDT

By Editors | 04/05/2024

Through a partnership with Chainalysis, Tether will provide sanctions monitoring, an illicit transfers detection tool, and analysis on major USDT holders.

Sanctions

US Senators Raise Concerns Over Iran’s Crypto Mining

By Editors | 03/05/2024

A letter from two US senators asks government officials about the steps being taken to address Iranian crypto mining and sanctions evasion.

Enforcement

Russian Court Cancels Part of JPMorgan Freeze Order

By Editors | 03/05/2024

The majority of JPMorgan’s funds in Russia cannot be seized as they are held in so-called “type C” accounts.

Sanctions

OFAC Sanctions New Targets for Helping Hizballah Money Exchanger

By Editors | 02/05/2024

Five individuals and two entities were sanctioned for helping a previously-designated money exchanger to evade sanctions, OFAC said.