All posts tagged "State Department"
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222AML / 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 -
332AML / KYC
US 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 -
184AML / KYCNo Banks Subject to HKAA Secondary Sanctions: US Treasury
In a report to Congress, the Treasury said it has not identified any foreign FIs that "knowingly" conducted significant transactions with the ten individuals sanctioned in October.
December 14, 2020 -
678AML / KYCUS Sanctions Four More Officials Over Hong Kong National Security Law
China's Foreign Ministry says the move is a violation of the basic norms governing international relations, urging the US to withdraw the sanctions.
November 11, 2020 -
828AML / KYCHKAA Sanctions Impact ‘Relatively Muted’, For Now: IIF
One of the main concerns for Chinese banks is that a loss of access to dollar finance could hamper their ability to lend to corporate customers that rely on USD financing.
October 30, 2020 -
1.4KAML / KYC
HKAA Sanctions Mark Formal Warning to Global Banks
International financial institutions conducting 'significant transactions' with the ten sanctioned individuals could face secondary sanctions.
October 16, 2020 -
1.4KAML / KYCGaming Out Sanctions Risk
Sanctions specialist Eric Sohn explains how wargaming exercises can be used as a risk management tool to game out threats and enhance strategic planning.
September 27, 2020 -
447AML / KYCUS Imposes Sanctions on 27 Iranian Entities, Individuals
Any foreign FI that knowingly facilitates a significant transaction for the designated individuals or entities could be subject to US sanctions.
September 22, 2020 -
757AML / KYC
US Sanctions Chinese Individuals, Entities Over South China Sea
The US accuses one Chinese state-owned enterprise of engaging in "corruption, predatory financing, environmental destruction, and other abuses across the world."
August 27, 2020 -
957AML / KYCUS Sanctions Chinese Officials Over Uyghur Human Rights
US persons and financial institutions are prohibited from conducting financial transactions with any of the four designated individuals.
July 13, 2020
