Europe

AML / KYC

US Gives Estonia $50m for its Help in Danske Bank Case

By Nithya Subramanian | 13/01/2025

Estonia will use the funds to combat financial crime, enhance asset recovery, and provide specialised training across the Baltic States and Nordic region

Sanctions

UK to Introduce New Sanctions Regime for ‘People Smugglers’

By Editors | 12/01/2025

The regime will target the finances of individuals and entities that exploit vulnerable people by facilitating dangerous sea crossings across Europe

Sanctions

OFAC Sanctions Senior Hungarian Official for Corruption

By Editors | 10/01/2025

While it is rare for the US to sanction a sitting official in an allied country, OFAC said Antal Rogan has used his position to enrich himself and those loyal to his party

Sanctions

NATO Allies Start Using AI to Monitor Russian Shadow Fleet

By Manesh Samtani | 09/01/2025

The initiative was launched under the banner of the Joint Expeditionary Force, a UK-led Northern European multi-national military partnership

Fintech / Regtech

Taiwan and Lithuania Sign MOU on Financial Services Innovation

By Editors | 06/01/2025

The MOU allows both sides to exchange information and cooperate on innovation in financial services.

Sanctions

Russia-EU Gas Flows via Ukraine Come to a Halt

By Editors | 06/01/2025

The European Commission said most EU states could cope with the change. Gazprom will lose around $5bn in annual gas sales.

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

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

FATF Publishes Six Mutual Evaluation, Four Follow-up Reports

By Editors | 28/12/2024

New reports available for Marshall Islands, Nauru, Timor Leste, PNG, Oman, Argentina, Georgia, Monaco, Croatia, Poland