All posts tagged "Sanctions"
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10ChinaUS Treasury Defers Investment Ban on Some Chinese Companies
A general licence delays the application of restrictions on companies with names that closely match those of the blacklisted companies.
January 28, 2021 -
62AML / KYCIndex Providers to Remove More Chinese Firms from Indexes
MSCI and FTSE Russell say they will remove five more Chinese companies from their global indexes in the absence of further OFAC guidance.
January 27, 2021 -
154AML / KYCChina Sanctions 28 Trump Officials as Biden Takes Office
The 28 officials and their immediate family members will be barred from entering China, Hong Kong and Macao, and restricted from doing business with China.
January 22, 2021 -
217AML / KYCFinancial Crime 2021: Digital ID, Due Diligence, Sanctions
Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.
January 21, 2021 -
151AML / KYCUPDATED: Philippine Senate Approves Amendments to AML Law
The approval comes ahead of an evaluation by the FATF, slated for February, as the Philippines seeks to avoid being gray-listed.
January 19, 2021 -
192AML / KYCUS Sanctions Six More Chinese, Hong Kong Officials
The latest designations are a response to the arrest of 53 pro-democracy politicians and activists this month. Hong Kong's government called the move "insane, shameless and despicable".
January 18, 2021 -
228Hong KongHKMA May Replace State Street as Manager of Tracker Fund
State Street will no longer be able to buy shares in companies sanctioned by the US, including China Mobile and China Unicom.
January 13, 2021 -
398AML / KYCChina Issues New Rules to Protect from Foreign Sanctions
Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for compensation in Chinese courts.
January 11, 2021 -
220FeatureUS Banks to Delist Hong Kong Listed Structured Products
The move is said to be a direct result of a prohibition on US persons from purchasing shares in companies identified to be linked to the Chinese military.
January 11, 2021 -
156Fintech / Regtech
US Regulators Call for Responsible Stablecoin Design, Operation
Stablecoin participants and arrangements should register with FinCEN and comply with AML, sanctions, recordkeeping and reporting requirements.
December 31, 2020
