Sanctions

AML / KYC

Malaysia Tells US Officials it Only Recognises UN Sanctions

By Editors | 10/05/2024

US officials have warned Malaysia about ship-to-ship transfers and Iranian money moving through its financial system.

Big Picture

Report Calls on US Congress to Review DRPK Sanctions

By Editors | 10/05/2024

The report warns that the enhanced partnership between Russia and North Korea could undermine the effectiveness of US policy.

Sanctions

OFAC Removes Sberbank Switzerland from Sanctions List

By Editors | 09/05/2024

Sberbank sold its Swiss subsidiary in September 2022 and the bank was then renamed to TradeXBank Ltd.

Sanctions

Russia Court Authorises Seizure of JPM, Commerzbank Assets

By Editors | 08/05/2024

The arbitration court authorised the seizure of $13.3mn from Commerzbank (Eurasia) JSC, a subsidiary of JPMorgan and Commerzbank.

Sanctions

FinCEN Issues Advisory to Help FIs Detect Terrorist Financing

By Manesh Samtani | 08/05/2024

The Advisory describes how Iran finances terrorist organisations and provides red flags to aid in detection, prevention, and reporting.

Sanctions

Iran Reliant on Malaysia to Finance Terrorist Proxies: US Official

By Editors | 08/05/2024

US officials express concern about the use of Southeast Asian service providers to route illicit sales of Iranian oil.

AML / KYC

Authorities Charge Russian Leader of Cybercrime Group LockBit

By Manesh Samtani | 08/05/2024

US prosecutors unsealed 26 charges against Dmitry Khoroshev, who is now also sanctioned by the US, UK and Australia.

Sanctions

OFAC Deploys New Sanctions List Service

By Editors | 08/05/2024

The new service is intended to provide users with easy access to the most up-to-date sanctions lists and sanctions list data.

Sanctions

Russia Investing Accumulated Rupees in India – Reports

By Editors | 08/05/2024

Russia is no longer looking to repatriate its rupees as it can now invest in Indian stocks and government securities.