Sanctions

Big Picture

Report Calls on US Congress to Review DRPK Sanctions

By Editors | 10/05/2024

The report warns that the enhanced partnership between Russia and North Korea could undermine the effectiveness of US policy.

Sanctions

OFAC Removes Sberbank Switzerland from Sanctions List

By Editors | 09/05/2024

Sberbank sold its Swiss subsidiary in September 2022 and the bank was then renamed to TradeXBank Ltd.

Sanctions

Russia Court Authorises Seizure of JPM, Commerzbank Assets

By Editors | 08/05/2024

The arbitration court authorised the seizure of $13.3mn from Commerzbank (Eurasia) JSC, a subsidiary of JPMorgan and Commerzbank.

Sanctions

FinCEN Issues Advisory to Help FIs Detect Terrorist Financing

By Manesh Samtani | 08/05/2024

The Advisory describes how Iran finances terrorist organisations and provides red flags to aid in detection, prevention, and reporting.

Sanctions

Iran Reliant on Malaysia to Finance Terrorist Proxies: US Official

By Editors | 08/05/2024

US officials express concern about the use of Southeast Asian service providers to route illicit sales of Iranian oil.

AML / KYC

Authorities Charge Russian Leader of Cybercrime Group LockBit

By Manesh Samtani | 08/05/2024

US prosecutors unsealed 26 charges against Dmitry Khoroshev, who is now also sanctioned by the US, UK and Australia.

Sanctions

OFAC Deploys New Sanctions List Service

By Editors | 08/05/2024

The new service is intended to provide users with easy access to the most up-to-date sanctions lists and sanctions list data.

Sanctions

Russia Investing Accumulated Rupees in India – Reports

By Editors | 08/05/2024

Russia is no longer looking to repatriate its rupees as it can now invest in Indian stocks and government securities.

Sanctions

US Revokes Licences Allowing Chip Exports to Huawei

By Editors | 08/05/2024

Some companies have been notified that their licences to ship goods to Huawei are effectively revoked.