INTERNATIONAL

Crypto / Digital Assets

SNB Extends CBDC Project ‘Helvetia’ for Two More Years

By Editors | 24/06/2024

The SNB said it has become “the world’s first central bank” to carry out a monetary policy operation in a live production environment using DLT.

Sanctions

FATF Must Blacklist Russia Over DPRK Partnership, Ukraine Says

By Manesh Samtani | 24/06/2024

RUSI’s Tom Keatinge says the FATF could damage its legitimacy if it doesn’t have a response to the strengthening of ties between Russia and North Korea.

Sanctions

Malaysia, Thailand Commencing Procedures to Join BRICS

By Editors | 24/06/2024

Thailand has submitted a formal letter of intent to join BRICS. Malaysia has decided to join and will start work on the formal procedures “soon”.

Sanctions

Japan Foreign Ministry Announces New Russia Sanctions

By Editors | 22/06/2024

The new measures include a prohibition on exports to 14 entities based in Russia, as well as companies based in China, Hong Kong, India, Kazakhstan and Uzbekistan.

Sanctions

EU Ambassadors Agree on 14th Russia Sanctions Package

By Editors | 22/06/2024

The package includes sanctions on Russia’s LNG sector, the SPFS financial messaging system, and entities in third countries that allegedly helped Russia.

Sanctions

OFAC Sanctions 12 Execs of Cybersecurity Firm Kaspersky Lab

By Editors | 22/06/2024

Kaspersky products, services, and software updates will also be banned in the US starting from 29 September due to the company’s Russian ties.

Sanctions

Canada Designates Iran’s IRGC as Terrorist Organisation

By Editors | 20/06/2024

The designation means Canadian FIs are required to immediately freeze the property of the IRGC, and it is a criminal offence for Canadians to support the group.

Sanctions

Canada Imposes More Sanctions Over Alexei Navalny’s Death

By Editors | 19/06/2024

This is Canada’s 5th package of sanctions imposed in response to the poisoning, imprisonment and death of Russian opposition leader Alexei Navalny.

AML / KYC

US Uncovers Drug Cartel Alliance With Chinese Money Launderers

By Editors | 19/06/2024

US authorities uncovered a partnership between Mexico’s Sinaloa Cartel and a Chinese underground money laundering syndicate.