INTERNATIONAL

Sanctions

Japan Imposes New Round of Russia-related Sanctions

By Editors | 13/01/2025

The measures target individuals and entities in Russia, China, the UAE, Kazakhstan, Kyrgyzstan, Thailand, Turkey, and Georgia.

Sanctions

US Imposes “Most Significant Sanctions Yet” on Russia’s Energy Sector

By Editors | 13/01/2025

Treasury targeted 183 vessels and more than 150 entities. The State Department sanctioned nearly 80 entities and individuals.

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

ESG / Sustainability

Six Biggest US Banks All Quit Net Zero Banking Alliance

By Manesh Samtani | 12/01/2025

Only three US banks remain in NZBA, which is now restructuring. BlackRock separately said it will leave the Net Zero Asset Managers initiative.

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

Sanctions

OFAC Sanctions Leader of Sudan’s Rapid Support Forces

By Editors | 08/01/2025

Secretary of State Antony Blinken said the US government has determined that the RSF has “perpetrated genocide” in Sudan

Fintech / Regtech

CPMI Announces Next Steps to Promote ISO 20022 Harmonisation

By Editors | 08/01/2025

CPMI will establish a joint panel to encourage global adoption of the harmonised ISO 20022 data requirements published in October 2023

Sanctions

US Adds Myanmar and China-based Companies to Entity List

By Editors | 07/01/2025

11 entities were added for supporting China’s military. Telecom provider Mytel was added for enabling surveillance of Myanmar people.

Sanctions

OFAC Fines Aviation Products Supplier for Russia Shipments

By Editors | 07/01/2025

OFAC attributed the violations to the firm’s failure to rescreen customers after their SDN designation, and inadequate sanctions compliance procedures