Sanctions

Sanctions

China Sanctions Seven Firms in Over US Support for Taiwan

By Editors | 02/01/2025

China’s “countermeasures” target seven firms, including two Raytheon businesses, along with “relevant senior executives” who were not named

Sanctions

US Treasury Workstations, Documents Accessed by Hackers – Reports

By Editors | 01/01/2025

Treasury told lawmakers the incident has been attributed to a “China state-sponsored Advanced Persistent Threat (APT) actor”

Sanctions

US Sanctions Billionaire Founder of Georgia’s Ruling Party

By Editors | 31/12/2024

The US said Bidzina Ivanishvili and the Georgian Dream party have “eroded democratic institutions” and “enabled human rights abuses”

Sanctions

Russia Already Using Bitcoin in Foreign Trade Transactions – Reports

By Editors | 30/12/2024

Russian Finance Minister said bitcoin  is already being used in foreign trade transactions as part of a new “experimental regime”.

Sanctions

US Commerce Dept Fines Materials Supplier for Exports to Russia

By Editors | 29/12/2024

Indium shipped solder materials used in electronics manufacturing to Russia on 11 occasions between April 2022 and March 2023

Sanctions

EU Preparing Sanctions Over Attack on Undersea Power Cable

By Editors | 29/12/2024

Separately, Russia has declared a federal state of emergency in response to the ongoing oil spill in the Black Sea.

AML / KYC

OCC Issues Order Requiring BofA to Fix AML Deficiencies

By Editors | 28/12/2024

The order requires BofA to obtain OCC approval to launch new products or services that present high money laundering or sanctions risk.

Sanctions

US Extends Sanctions on HK Officials for Five More Years

By Editors | 27/12/2024

The Hong Kong government said the sanctions will ultimately harm the interests of the US and its companies.

Sanctions

US Launches Probe Into Legacy Chips Made in China

By Editors | 26/12/2024

The probe will examine the impact of Chinese-made legacy chips used in everyday household goods and the defence industry.