All posts tagged "G7"
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389AML / KYCG7 Nations Announce Ban on Russian Gold Imports
The ban has so far been announced by US, UK, Japan, and Canada, while discussions within the EU are still ongoing.
June 30, 2022 -
317ChinaG7 Announces Initiative to Counter Belt and Road Initiative
The US plans to contribute USD 200 billion to the new initiative, while the rest of the G7 will contribute another USD 400 billion.
June 28, 2022 -
723AML / KYC
G7 Urges FSB to Swiftly Develop Regulations for Crypto
FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
May 23, 2022 -
400AML / KYCEU Oil Embargo Opens Possibilities for Further Sanctions – Report
The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.
May 9, 2022 -
617AML / KYCUS, UK Include Professional Services in New Russia Sanctions
New OFAC designations; US and UK bans on Russian access to professional services; New trade restrictions, vessel designations
May 9, 2022 -
1.8KAML / KYCCrypto Firms and Sanctions: Five Tools for Compliance
Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.
April 13, 2022 -
438AML / KYCEU Approves Russian Coal Ban, Australia Adds Sanctions
The EU approved bans on Russian coal imports, high-tech exports, port access, and more banks. Australia has sanctioned 67 more individuals.
April 8, 2022 -
377AML / KYC
Japan to Tighten Russia Sanctions, G7 Rejects Ruble Option
Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.
March 30, 2022 -
597AML / KYC
US Imposes Fresh Russia Sanctions, G7 Pledges to Block Gold Trades
The G7 and EU will prohibit gold-related transactions involving Russia and ramp up monitoring and information sharing to prevent Russian sanctions evasion.
March 25, 2022 -
422Fintech / Regtech
G7 Ministers Endorse Public Policy Principles for Retail CBDC
Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.
October 15, 2021
