Sanctions

Sanctions

OFAC Sanctions Two African Firms Linked to Russia’s Wagner Group

By Editors | 31/05/2024

Two companies were designated for enabling “Wagner Group security operations” and “illicit mining endeavors” in the Central African Republic.

Sanctions

China Announces Export Controls Targeting Aviation Parts

By Editors | 31/05/2024

From 1 July, a special licence from MOFCOM will be needed to export aviation and aerospace structural components and other items.

Sanctions

HSBC Completes Sale of Russian Unit to Expobank

By Editors | 30/05/2024

The deal received approval in February but it has taken until now for the sale to be successfully concluded.

Crypto / Digital Assets

Authorities Take Down “World’s Largest” Malicious Botnet

By Editors | 30/05/2024

US authorities, with international partners, arrested the botnet’s administrator and seized infrastructure and assets.

Sanctions

China Establishes New Investment Fund for Chip Sector

By Editors | 29/05/2024

This is the third phase of the fund, which for the first time includes investments from the major state-owned banks.

Sanctions

OFAC Sanctions Thai Firms Linked to Cybercrime Network

By Editors | 29/05/2024

Three Chinese individuals and three Thai companies were sanctioned over their links to a malicious botnet called 911 S5.

Sanctions

EU Adopts New Human Rights Sanctions Regime for Russia

By Editors | 28/05/2024

The European Council has concurrently listed one entity and 19 natural persons under the new regime.

Sanctions

G7 to Expand Efforts to Combat Russia Sanctions Evasion

By Editors | 27/05/2024

The G7 Ministers pledged to expand efforts to ensure companies and FIs are not party to Russia’s circumvention schemes.

Sanctions

S. Korea, Japan Announce Sanctions Targeting DPRK-Russia Arms Trade

By Editors | 27/05/2024

South Korea sanctioned seven North Korean individuals and two Russian vessels; Japan sanctioned 11 entities and one individual.