ADVERTISEMENT
INTERNATIONAL
Sanctions
US Seizes Private Jet Belonging to Venezuelan President
By Editors | 04/09/2024
The DOJ said the jet was illegally purchased in the US and then smuggled to Venezuela, in violation of US export control and sanctions laws.
Sanctions
UK Suspends 30 Export Licences to Israel Over Humanitarian Concerns
By Editors | 03/09/2024
30 of 350 export licences to Israel were suspended due to a “clear risk” that items might be used to violate international humanitarian law.
Sanctions
UK Imposes Sanctions on Iranians for ‘Destabilising’ Activities
By Editors | 03/09/2024
One entity and three individuals were sanctioned for supporting activities intended to the UK and other countries.
Sanctions
EU Asked to Impose Stronger Measures Against Sanctions Circumvention
By Editors | 02/09/2024
Josep Borrell also calls for stronger measures to prevent sanctions circumvention by EU companies, citing rising exports to “some states which are close to Russia”.
Sanctions
China Payments Becoming Increasingly Difficult for Russia
By Editors | 02/09/2024
Chinese banks are returning payments for goods already shipped; Chinese exporters asking for pre-payments; UAE banks rejecting payments for Russia-China trade.
Crypto / Digital Assets
WFE Offers Recommendations on Crypto Custody Practices
By Editors | 30/08/2024
The recommendations draw lessons from traditional finance to guide crypto custody providers in creating a safer space for investors.
Crypto / Digital Assets
BCBS Paper Warns of Risks in Permissionless DLT Systems
By Manesh Samtani | 30/08/2024
New working paper describes the risks associated with permissionless DLT, highlighting the need for banks to adopt robust risk management strategies.
AML / KYC
NYDFS Fines Nordea Bank $35mn for AML Failures
By Editors | 29/08/2024
NYDFS said Nordea’s deficient AML programme exposed it to a “high risk of criminal abuse” which was “imported” to New York’s financial system.
AML / KYC
Europol, New Zealand Can Share Personal Data to Combat Crime
By Ranamita Chakraborty | 29/08/2024
A new agreement has entered into force that allows Europol and New Zealand authorities to exchange personal data to combat crime.
Sanctions
US Sanctions Israeli NGO and Civilian Security Officer
By Editors | 29/08/2024
The NGO and security officer were sanctioned for providing support to sanctioned Israeli settlers in the West Bank.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team