All posts tagged "Treasury"
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390AML / 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 -
492AML / 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 -
473AML / 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 -
645AML / 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 -
613AML / 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 -
439AML / 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 -
318AML / KYCUS Treasury Outlines Plans to Combat Illicit Finance
Treasury highlighted efforts to address illicit finance risks associated with shell companies, all-cash real estate purchases, and virtual assets.
May 18, 2022 -
664Crypto / Digital AssetsTerraUSD Collapse Highlights Need for Stablecoin Regulation: Yellen
The world's fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.
May 12, 2022 -
744AML / KYCUS Considers Sanctions Against China’s Hikvision: Reports
The possible inclusion of Hikvision on the SDN List would have far-reaching consequences because its equipment is used -in more than 180 countries.
May 10, 2022 -
645AML / KYC
US, UK Include Professional Services in New Russia Sanctions
New OFAC designations; US and UK bans on Russian access to professional services; New trade restrictions, vessel designations
May 9, 2022
