Sanctions

Sanctions

Sanctioned Chinese Bank Stops Processing Russia Payments - Reports

By Sanday Chongo Kabange | 03/09/2025

Heihe Rural Commercial Bank has halted Russia payments after EU sanctions prompted other Chinese banks to refuse to accept funds from the bank.

Securities / Derivatives

Australian Sanctions Office Issues Suite of New Guidance Notes

By Manesh Samtani | 01/09/2025

The new guidance covers proliferation financing risk assessments, securities and investment, mining and machinery exports and the humanitarian sector.

Sanctions

US Sanctions DPRK-Linked IT Worker Network Over Weapons Funding

By Manesh Samtani | 28/08/2025

OFAC announced sanctions targeting a North Korean IT worker network and associated entities for financing illicit arms development via crypto transactions.

AML / KYC

RBI Urges Banks to Tighten Scrutiny on Pakistan Fund Flows

By Editors | 27/08/2025

RBI directed lenders to enhance checks on indirect fund transfers from Pakistan, citing high risks of arms financing.

Sanctions

Australian Sanctions Office Overhauls Consolidated List Format

By Manesh Samtani | 26/08/2025

DFAT’s Asset Freezing division introduces alias strength ratings and standardised data fields for the Consolidated List from 1 November 2025.

Sanctions

US, UK Target HK, China Firms in New Iran Oil Sanctions

By Manesh Samtani | 22/08/2025

The sanctions target multiple shipping companies in Hong Kong, China, and the Marshall Islands for facilitating Iranian oil exports.

Sanctions

UK Sanctions Kyrgyz Bank, Crypto Firms in Russia Evasion Clampdown

By Manesh Samtani | 22/08/2025

The new designations target a bank and crypto networks in Kyrgyzstan accused of helping Russia circumvent international financial restrictions.

Sanctions

Vietnamese Banks Increase Scrutiny of Russian Transactions

By Mark Johnston | 19/08/2025

Banks in Vietnam are imposing stringent new documentation requirements for payments linked to Russian entities to mitigate the risk of secondary sanctions.

Sanctions

South Korea Approves New Regulations on Terrorism Financing

By Editors | 19/08/2025

New rules effective from January 2026 will automatically apply to firms where designated persons own 50% or more or exert control.