The central bank will begin piloting a digital ruble in August, with 13 banks and about 30 enterprises from 11 cities participating.
July 25, 2023US sanctions include Russian metal producers and financial institutions. Canada targeted Russia’s military-industrial complex. UK, Australia and EU also have new targets.
July 21, 2023The European Commission says it has identified multiple instances of incorrect transposition of 5AMLD, despite Cyprus declaring full compliance with the directive.
July 18, 2023The UK has imposed 14 new sanctions on Russian officials for their role in the forced deportation of Ukrainian children to Russia-based re-education camps.
July 18, 2023The relative ease with which Russia can accept yuan payments has led to adoption of the Chinese currency for some 10% of payments.
July 12, 2023The G7 nations will collaborate on sharing information and devise strategic approaches to address Ukraine corruption-related challenges.
July 11, 2023The new law authorises China's government to apply "countermeasures" against threats to national and economic security.
June 30, 2023The guidance provides clarity on authorisations available for humanitarian, agricultural and medical support provided to regions impacted by Russia's war in Ukraine.
June 29, 2023AML think tank Themis says the threat Russia poses to the integrity of the global financial system has been increasing.
June 28, 2023The FATF will publish on 27 June its fourth update on the implementation of the recommendations on virtual assets and VASPs.
June 26, 2023