Sanctions

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.

Sanctions

US Sanctions Over 280 Targets for Supporting Russia

By Editors | 01/05/2024

The targets include companies in Azerbaijan, Belgium, China, Hong Kong, Russia, Slovakia, Turkey, the UAE, and Russia.

AML / KYC

US Court Sentences Binance Founder to Four Months Jail

By Editors | 01/05/2024

The sentence was below the three years requested by prosecutors and the 18 month maximum recommended under federal guidelines.

Enforcement

US DOJ Secures Guilty Plea in Export Control Evasion Case

By Editors | 30/04/2024

The defendant allegedly tried to procure dual-use electronic components for entities in Russia involved in the development and manufacture of drones.