All posts tagged "US Treasury"
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461AML / KYCUS Treasury Targets Human Trafficking in Updated Action Plan
Treasury will leverage its AML expertise to augment human trafficking investigations, and develop advisories to alert FIs to potential red flags.
December 12, 2021 -
192InternationalG20 Approves Global Tax Deal, Commits to Climate Goals
International tax reforms were approved by all the G20 leaders ahead of the COP26 summit on climate change in Glasgow which began on Monday.
November 2, 2021 -
404Market Infrastructure
US Treasury ‘Will Not Adjudicate’ on LIBOR Replacement Rates
Nonfinancial corporations were seeking clarity on alternative rates and help to address difficulties obtaining loan agreements based on SOFR.
August 27, 2021 -
172AML / KYCUS, Switzerland Announce New Sanctions Against Myanmar
The Treasury has sanctioned 22 more individuals connected to Myanmar's military, while the Department of Commerce added four companies to its Entity List.
July 7, 2021 -
258AML / KYCFinCEN Publishes First Government-wide AML/CFT Priorities
FinCEN will publish new rules within 6 months reflecting the priorities, which identify the most significant AML/CFT threats currently facing the US.
July 6, 2021 -
1.2KAML / KYCAddressing Sanctions Risk in Maritime Trade
Banks facilitating transactions involving maritime trade must put in place systems and processes to detect illicit activity that could result in a breach of sanctions regulations.
June 2, 2021 -
264AML / KYC
US, UK, Canada Announce Fresh Sanctions Against Myanmar
The latest sanctions actions cite attacks and human rights violations against the people of Myanmar, including the killing of children.
May 19, 2021 -
687AML / 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 -
457AML / 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 -
336China
US Treasury Defers Investment Ban on Some Chinese Companies
A general licence delays the application of restrictions on companies with names that closely match those of the blacklisted companies.
January 28, 2021
