ADVERTISEMENT
Sanctions
AML / KYC
US Prepared to Sanction Chinese Banks That Aid Russian Military
By Editors | 09/04/2024
Janet Yellen said the US stands ready to act against “anything that involves aiding Russia’s military in their brutal war”.
Enforcement
US Court Sets Jan 2026 for Huawei Sanctions Evasion Trial
By Editors | 08/04/2024
The trial date was set as a placeholder after settlement negotiations between the DOJ and Huawei ended in an impasse.
AML / KYC
US, China Secure New Agreement to Cooperate on AML
By Editors | 07/04/2024
Janet Yellen said the US and China will share best practices and provide updates on the actions being taken to close loopholes.
Sanctions
Japan Adds 164 More Items to Russia Export Ban List
By Editors | 07/04/2024
The new export restrictions and a new diamond import ban will take effect from 17 April and 10 May, respectively.
Enforcement
Two Men Admit to Conspiracy to Export Aircraft Parts to Russia
By Editors | 05/04/2024
The two Russian nationals falsely claimed the parts were intended for countries other than Russia. US authorities stopped multiple shipments.
Sanctions
OFAC Sanctions 13 Vessels Over Iran Commodity Shipments
By Editors | 05/04/2024
The vessels, operated by UAE-based Oceanlink Maritime DMCC, are “deeply involved in the shipment of Iranian commodities”.
Sanctions
Russia-China Business Facing Banking ‘Bottleneck’ – Report
By Editors | 04/04/2024
VTB, the only Russian bank with a fully-fledged branch in China, is dealing with high demand from companies seeking to open accounts to do business with Russia.
Sanctions
OFAC Removes Former VTB Bank Subsidiary from Sanctions List
By Editors | 04/04/2024
German authorities took control of VTB’s European subsidiary in 2022. The Russian parent was unable to exercise its rights due to sanctions.
Sanctions
More of Central Asia Stops Accepting Russian Mir Cards
By Editors | 04/04/2024
Kyrgyzstan’s national payments operator, and banks in Kazakhstan and Tajikistan, have stopped accepting Mir cards due to sanctions concerns.
Sanctions
US Lawmakers Propose Four New Anti-China Bills
By Editors | 03/04/2024
One bill would prevent index funds from investing in Chinese companies. Another would require listed companies to disclose their “China risks”.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team