Sanctions

Sanctions

US, Türkiye Issue Joint Sanctions on ISIS Supporters

By Editors | 15/06/2024

The US sanctions, coordinated with the Turkish government, target supporters of a human smuggling gang linked to ISIS.

Sanctions

Japan Considers Sanctions Against Chinese, Indian Firms

By Editors | 15/06/2024

Japan is considering imposing sanctions against entities in China, India, UAE, Uzbekistan, and Kazakhstan.

Sanctions

UK, Canada Announce New Russia Sanctions at G7 Summit

By Editors | 14/06/2024

The UK’s 50 targets include Moscow Exchange and five China-based entities. Canada’s sanctions target 11 individuals and 16 entities.

Sanctions

G7 to Raise $50bn for Ukraine Using Frozen Russian Assets

By Editors | 13/06/2024

A $50bn loan will be taken out and the interest will be paid using profits generated by frozen Russian assets.

Enforcement

US Court Jails Two Over Sanctions Evasion Scheme

By Editors | 13/06/2024

A Chinese national and US citizen were jailed for attempting to broker illicit oil sales between Iran and China and launder the proceeds.

Enforcement

US Authorities Arrest Two for Illegal Russia Export Scheme

By Editors | 13/06/2024

The two men engaged in a scheme to covertly sell snowmobiles to Russia through an intermediary company in Hong Kong.

Sanctions

US Expands Russia Sanctions Ahead of G7 Leaders Meeting

By Manesh Samtani | 13/06/2024

New sanctions target Russian financial infrastructure as well as entities in China, Hong Kong, Singapore and Thailand.

AML / KYC

Russia to Dirupt FATF Plenary in Singapore, Ukraine Warns

By Editors | 12/06/2024

Ukraine is reportedly warning that Russia will send officials to the FATF Plenary in an attempt to “contact, influence and pressure delegates”.

Sanctions

OFAC Imposes New Sanctions Targeting Illicit Houthi Shipments

By Editors | 10/06/2024

The targets include four entities, including Hong Kong-, India- and Panama-based shipping companies and some of their vessels.