Sanctions

Sanctions

Iran’s New President Seeks Lifting of Sanctions

By Editors | 08/07/2024

New President Masoud Pezeshkian has indicated Iran would seek greater engagement with the US and a revival of the JCPOA.

Sanctions

Russia Urges Crypto Use for Cross-border Payments

By Editors | 04/07/2024

CBR governor Elvira Nabiullina said Russia has softened its stance on the use of cryptocurrencies in international payments.

Sanctions

Chinese Banks Reducing CNY Trades on Moscow Exchange

By Editors | 03/07/2024

Yuan flows into Russia for oil sales to China are reportedly shifting from the exchange market to the OTC market.

Sanctions

UniCredit Seeking Clarity on ECB’s Russia Exit Orders

By Editors | 02/07/2024

The ECB ordered UniCredit in May to further speed up its withdrawal from Russia. The bank is seeking legal clarity on its obligations.

AML / KYC

US Sanctions Two Chinese Nationals for Assisting Sinaloa Cartel

By Editors | 01/07/2024

The sanctions include two China-based targets who helped launder illicit drug proceeds belonging to Mexico’s Sinaloa Cartel.

Sanctions

US Sanctions 3 Entities, 11 Vessels Over Iran’s ‘Nuclear Escalations’

By Editors | 01/07/2024

US Secretary of State Antony Blinken said Iran’s plans to further expand its nuclear programme “have no credible peaceful purpose”.

Sanctions

EU Imposes New Restrictive Measures Against Belarus

By Editors | 01/07/2024

The measures mirror several of the restrictive measures already in place against Russia to address circumvention.

Sanctions

Canada Issues New Sanctions Over Settler Violence in West Bank

By Editors | 28/06/2024

Seven individuals and five entities were sanctioned for facilitating acts of violence by Israeli extremist settlers against Palestinians.

Sanctions

Thai Banks Facilitating Procurement for Myanmar Military: UN Report

By Nithya Subramanian | 28/06/2024

A UN report identifies 16 banks in seven countries that have processed transactions linked to procurement for Myanmar’s military junta.