All posts tagged "Sanctions"
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220Asia-PacificMyanmar: Korean Banks Raise Vigilance After Employee Shooting
A Shinhan Bank employee has died after being shot in the head by Myanmar's military forces. Meanwhile, local private banks are being fined for remaining closed.
April 6, 2021 -
167AML / KYCChina Sanctions UK, US, Canadian Individuals and Entities
The sanctions follow coordinated action by the US, EU, UK and Canada last week to sanction Chinese officials and entities over Xinjiang.
March 30, 2021 -
156AML / KYCUS Sanctions Holding Companies Backing Myanmar Military
The new sanctions target the Myanmar military’s control of significant segments of the country's economy, which is a vital financial lifeline for the military junta.
March 26, 2021 -
157AML / KYCFirst North Korean Set to Face US Money Laundering Charges
Extradited to the US two years after his arrest in Malaysia, the North Korean national will face charges for money laundering, evading sanctions, and defrauding banks.
March 25, 2021 -
185AML / KYCBeijing Financial Court Created to Counter US Long Arm Jurisdiction
The extraterritorial application of China’s financial laws will play a bigger role in opening up the domestic market, the Supreme People's Court said.
March 23, 2021 -
287AML / KYCEU Sanctions Officials from China, Myanmar, Others
The EU, US, UK and Canada all imposed sanctions against Chinese officials and entities on Monday, citing human rights abuses in Xinjiang.
March 23, 2021 -
185AML / KYCUS Sanctions 24 Officials Over Hong Kong Electoral Changes
Foreign financial institutions that knowingly conduct significant transactions with the 24 individuals are subject to sanctions.
March 19, 2021 -
430AML / KYCStress Testing Your Sanctions Screening Effectiveness
Independent testing can serve as a functional, scientific and transparent approach to bolster the effectiveness and efficiency of sanctions screening systems.
March 18, 2021 -
530AML / KYCAddressing Financial Crime Through Data-driven Compliance
Given the rapid growth of digital technologies in financial services, the most effective way to defeat financial criminals today is to 'follow the data', says SWIFT's Heather Lee.
March 13, 2021 -
230AML / KYCOFAC Sanctions Adult Children of Myanmar Military Leader
The two adult children of the commander-in-chief of Myanmar’s military, Min Aung Hlaing, and six of their companies, have been designated by OFAC.
March 12, 2021
