The sanctions include two more Russia-based banks along with several Russia-based wealth management consulting, auditing, and investment firms.
September 15, 2023The UK is now one of several jurisdictions to have now implemented the travel rule for the crypto sector.
September 5, 2023The three countries pledged to continue working together to counter North Korea’s destabilising activities, including weapons development and cyber attacks.
September 1, 2023Over 1,000 employees have reportedly been laid off in recent weeks. A number of key senior executives have also departed.
July 17, 2023The FATF will publish on 27 June its fourth update on the implementation of the recommendations on virtual assets and VASPs.
June 26, 2023Some officials have reportedly been pushing for UAE to be removed from the FATF's grey list. The country could be removed in as soon as a few months.
June 23, 2023The package includes a new mechanism that will allow the EU to target third countries that are helping Russia to circumvent existing sanctions.
June 23, 2023OJK's Mahendra Siregar said the new regulations are aligned with the FATF standards, and will help Indonesia become a FATF member.
June 22, 2023Roundtable participants said lessons should be learnt from the significant penalties that drove banks to observe the Iran sanctions regimes.
June 12, 2023EU member states would be obligated to criminalise sanctions circumvention, including activities to help bypass an EU travel ban or trade in sanctioned goods.
June 10, 2023