SANCTIONS

Sanctions

US, UK Target HK, China Firms in New Iran Oil Sanctions

By Manesh Samtani | 22/08/2025

The sanctions target multiple shipping companies in Hong Kong, China, and the Marshall Islands for facilitating Iranian oil exports.

Sanctions

UK Sanctions Kyrgyz Bank, Crypto Firms in Russia Evasion Clampdown

By Manesh Samtani | 22/08/2025

The new designations target a bank and crypto networks in Kyrgyzstan accused of helping Russia circumvent international financial restrictions.

Sanctions

Vietnamese Banks Increase Scrutiny of Russian Transactions

By Mark Johnston | 19/08/2025

Banks in Vietnam are imposing stringent new documentation requirements for payments linked to Russian entities to mitigate the risk of secondary sanctions.

Sanctions

South Korea Approves New Regulations on Terrorism Financing

By Editors | 19/08/2025

New rules effective from January 2026 will automatically apply to firms where designated persons own 50% or more or exert control.

AML / KYC

Nepal Mandates Immediate Sanctions Freezing for Payment Firms

By Mark Johnston | 18/08/2025

New guidelines require immediate freezing of assets and daily screening, with financial penalties up to NPR 2 million for non-compliance.

Crypto / Digital Assets

US Sanctions Russian Crypto Firm with Central Asia Links

By Manesh Samtani | 18/08/2025

The sanctions target Garantex and successor Grinex for ransomware links, with enforcement actions spanning from Europe to Asia.

Sanctions

Russian Universities Professionalise Sanctions Evasion Training: RUSI

By Manesh Samtani | 15/08/2025

Academic institutions in Russia are now offering formal courses on how to circumvent international sanctions, using tools like cryptocurrencies.

Sanctions

China Sanctions Two Lithuanian Banks in Retaliation for EU Measures

By Manesh Samtani | 14/08/2025

The move bans Chinese entities from dealing with the two banks and follows EU sanctions on two Chinese lenders over Russia-related activities.

AML / KYC

New Report Details Crypto's Role in Chinese Underground Banking

By Editors | 13/08/2025

A new report details how Chinese underground networks use cryptocurrency to launder funds for North Korean hackers, cartels, and Triads.