Sanctions

    AML / KYC

    Man Jailed for Attempting to Help DPRK Evade Sanctions with Crypto

    By Editors | 14/04/2022

    The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.

    AML / KYC

    Crypto Firms and Sanctions: Five Tools for Compliance

    By Manesh Samtani | 12/04/2022

    Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.

    AML / KYC

    EU Approves Russian Coal Ban, Australia Adds Sanctions

    By Manesh Samtani | 08/04/2022

    The EU approved bans on Russian coal imports, high-tech exports, port access, and more banks. Australia has sanctioned 67 more individuals.

    AML / KYC

    US, German Authorities Target World’s Largest Darknet Market

    By Manesh Samtani | 07/04/2022

    OFAC has sanctioned Russia-based website Hydra Market and crypto exchange Garantex for facilitating transactions for ransomware actors.

    AML / KYC

    Myanmar Orders Conversion of All Foreign Currency to Kyat

    By Editors | 07/04/2022

    The order suggests the military government may be struggling to repay debt and purchase key supplies. Fresh sanctions were also recently announced.

    AML / KYC

    US, UK Announce New Russia Sanctions, EU to Ban Coal Imports

    By Manesh Samtani | 06/04/2022

    New sanctions imposed against Sberbank, Alfa Bank, Credit Bank of Moscow, Putin’s adult daughters, and more Russian officials and oligarchs.

    AML / KYC

    Japan, US Impose More Sanctions Over DPRK Missile Tests

    By Mark Johnston | 05/04/2022

    Japan sanctioned 4 Russia-based entities and 9 other individuals. The US sanctioned 5 more North Korean entities.

    AML / KYC

    US Designates Russian Tech Firms for Enabling Sanctions Evasion

    By Manesh Samtani | 03/04/2022

    US sanctions 21 entities and 13 individuals. EU to propose new measures this week. Australia applies 35% export tariff.

    AML / KYC

    Japan to Tighten Russia Sanctions, G7 Rejects Ruble Option

    By Manesh Samtani | 30/03/2022

    Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.

    AML / KYC

    US Lawmakers Probe Credit Suisse Russia Business

    By Editors | 30/03/2022

    The lawmakers are concerned that Credit Suisse may be concealing information about sanctions evasion by Russian oligarchs.

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