Sanctions

Sanctions

US Urges Korea to Restrict Technology Exports to China

By Editors | 03/04/2024

The US has asked South Korea to restrict the flow of equipment and technologies for making high-end logic and memory chips to China.

Crypto / Digital Assets

Russia Using Tether Stablecoin to Circumvent Sanctions – Report

By Editors | 02/04/2024

One China-based smuggler used a Hong Kong distributor, shipments via Central Asia, and Tether for payments to fulfill Russian orders for drone parts.

Sanctions

Russia Blocks UNSC Resolution to Extend Mandate of DPRK Expert Panel

By Editors | 31/03/2024

The Russian veto will force the panel of experts to disband at the end of April, though the UNSC sanctions against North Korea will remain in place.

AML / KYC

Singapore: ACIP Sheds Light on Use of Data Analytics for AML/CFT

By Manesh Samtani | 30/03/2024

New paper discusses current and future uses of data analytics for AML/CFT, and how information shared over COSMIC could be leveraged to enhance such solutions.

Sanctions

US, UK Announce New Sanctions Targeting Hamas Financing

By Editors | 29/03/2024

Two individuals and three entities were sanctioned by the US and UK for engaging in fundraising efforts to support Hamas.

Sanctions

US and South Korea Jointly Announce New DPRK Sanctions

By Editors | 29/03/2024

The US and South Korea also launched a new task force that will work to disrupt North Korean refined oil procurement networks.

Sanctions

Businesses Have Lost Over $100bn From Russia Exits – Report

By Editors | 28/03/2024

Russia has steadily tightened its exit requirements as sanctions pressure has ramped up. It now demands discounts of at least 50% on foreign asset sales.

Sanctions

Russia Buys its Own Diamonds to Support State-owned Alrosa

By Editors | 28/03/2024

The Russian government is for the first time in 15 years procuring diamonds from Alrosa, which has been targeted by sanctions.

Sanctions

US, UK Probing $20b in Tether Transfers to Russia’s Garantex – Report

By Editors | 28/03/2024

There is no immediate suggestion of wrongdoing by Tether Holdings, the BVI-incorporated issuer of USDT.