All posts tagged "Treasury"
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310AML / KYCSanctions Force Russian Sovereign Debt Default
Russia made USD 100 million in payments due on 27 May to Euroclear, but the funds were not delivered to investors due to sanctions.
June 28, 2022 -
335AML / KYCOFAC Blocks Secondary Market Trading in Russian Debt, Equity
To date, only the purchase of new issues has been prohibited, and trading in secondary markets has still been allowed.
June 13, 2022 -
384Crypto / Digital AssetsBOE Publishes Primer Explaining Plans for Possible CBDC
The BOE will seek views from the public later this year about the possible issuance of a CBDC in the "second half of the decade" at the earliest.
June 10, 2022 -
438AML / KYCUS Senators Propose Regulatory Framework for Crypto Assets
The CFTC would be granted authority over crypto spot markets, based on the understanding that "most digital assets are more similar to commodities than securities".
June 8, 2022 -
365AML / 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 -
477AML / KYCUS Issues New Russia Sanctions, EU Approves 6th Package
The US is targeting more Russian government and business officials and technology. The EU approved an embargo on seaborne oil imports.
June 3, 2022 -
461AML / KYCUS Treasury Puts Russia on Path to Sovereign Default
The US Treasury Department allowed its sanctions exemption for Russian payments to US bondholders to expire.
May 27, 2022 -
605AML / 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 -
569AML / 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 -
432AML / KYCUS Warns Foreign Banks Against Facilitating Sanctions Evasion
Foreign banks could fall under US sanctions if they provide material support to a person or entity sanctioned by the US.
May 18, 2022
