All posts tagged "North Korea"
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372AML / KYCUS to Seek New UN Sanctions if DRPK Tests Nuclear Weapon
The US tried to impose new UN sanctions on North Korea last week but the resolution was vetoed by China and Russia.
June 3, 2022 -
610AML / KYCUS Federal Court Declares Crypto Subject to Sanctions Laws
A newly unsealed federal court opinion supports the DOJ's first criminal prosecution involving the use of crypto for sanctions evasion.
May 20, 2022 -
572AML / KYCUS Warns Against Inadvertent Hiring of DRPK IT Workers
North Korean IT workers may try to obtain employment building crypto exchange platforms and then use the infrastructure to launder money and evade sanctions.
May 20, 2022 -
539AML / KYCOFAC Sanctions Crypto Mixer, 49 More Wallet Addresses
Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
May 9, 2022 -
504AML / KYCMan Jailed for Attempting to Help DPRK Evade Sanctions with Crypto
The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.
April 14, 2022 -
329AML / KYC
Japan, US Impose More Sanctions Over DPRK Missile Tests
Japan sanctioned 4 Russia-based entities and 9 other individuals. The US sanctioned 5 more North Korean entities.
April 5, 2022 -
551AML / KYC
US, Australia Impose Sanctions Over DPRK Missile Tests
The sanctions were imposed against Russian and North Korean entities and individuals over missile tests on 27 February, 5 March and 24 March.
March 28, 2022 -
1.0KAML / KYCDPRK Sanctions Evasion Not Being Captured by Regulation
Gatekeeper professions play an important role in facilitating North Korean sanctions evasion, RUSI says in a new paper.
January 7, 2022 -
241AML / KYC
Singapore Court Fines Man for Falsifying North Korea Invoices
The business dealings were not in violation of sanctions regulations but the falsification of invoices to conceal them from banks has resulted in a S$210,000 fine.
October 26, 2021 -
438AML / KYCPhilippine SEC Disseminates Guidance on Targeted Financial Sanctions
The guidance now covers targeted financial sanctions related to terrorism, terrorism financing, and proliferation financing, including remedies and relevant UNSC links.
September 13, 2021
