OFAC reportedly suspects fund transfers were made to diamond suppliers with links to Russian miners and sanctioned bodies.
August 8, 2023New US law would allow frozen Russian assets to be confiscated and used to finance Ukraine’s reconstruction.
June 20, 2023The FSA had already issued rules for travel rule implementation, but a definitive date for enforcement had not been set until now.
May 24, 2023The G7 will “identify incentives, including subsidies, harmful to biodiversity by 2025".
May 23, 2023The US issued more than 300 new designations. The UK, Canada, and Japan also announced new sanctions.
May 22, 2023Oil revenues now account for 23 percent of the total Russian budget, compared to 30-35 percent before the war in Ukraine.
May 21, 2023Entities affected include Russian state-owned atomic energy corporation Rosatom, and the country's largest petroleum and gold companies.
May 20, 2023T Raja Kumar called on the G7 to "lead by example" in fully and effectively implementing the FATF Recommendations on crypto assets.
May 19, 2023The G7 communique vows stepped-up sanctions enforcement, and readiness to act on financial stability, climate change, and crypto-asset activities.
May 16, 2023“While this represents the United States’ first transfer of forfeited Russian funds for the rebuilding of Ukraine, it will not be the last," said Attorney General Merrick Garland.
May 15, 2023