Sanctions

Enforcement

Ex-FBI Agent Jailed for Helping Sanctioned Russian Oligarch

By Editors | 18/12/2023

Former FBI agent Charles McGonigal conspired to violate US sanctions and commit money laundering to help sanctioned Russian oligarch Oleg Deripaska.

AML / KYC

India, US Pledge to Cooperate on Global Illicit Finance Risks

By Editors | 17/12/2023

Key topics of the joint India-US AML/CFT Dialogue were virtual assets, sanctions implementation, and beneficial ownership transparency.

Sanctions

UK Inaugurates New Iran Sanctions Regime with Joint UK-US Action

By Editors | 16/12/2023

US and UK governments announce joint sanctions against eight individuals as UK’s new Iran sanctions regulations come into force.

AML / KYC

EU Lawmakers Reach Agreement on AMLA Establishment

By Editors | 14/12/2023

Co-rapporteur Eva Maria Poptcheva said the new Anti-Money Laundering Authority will be a “game changer to crack down on dirty money in the EU”.

Sanctions

US and UK Announce New Round of Sanctions on Hamas Leadership

By Editors | 14/12/2023

The coordinated US and UK asset freezes and travel bans target Hamas leaders and financiers throughout the Middle East.

Enforcement

Crypto Exchange Pays OFAC USD 1.2 Million to Settle Crimea Violations

By Editors | 14/12/2023

US-based CoinList Markets processed 989 transactions on behalf of users in the Crimea region in violation of OFAC sanctions regulations.

Sanctions

Canada Sanctions Political Candidates from Russian-Occupied Area

By Editors | 12/12/2023

Canada accuses 30 Russian nationals of taking part in “sham” elections in Russian-occupied Kherson Oblast.

Sanctions

Chinese Firms Among More Than 150 Sanctioned by OFAC for Russia Exports

By Editors | 12/12/2023

Latest OFAC action targets individuals and companies in several countries, including China, Singapore, Türkiye, and the UAE, for exporting to Russia’s military-industrial base.

Sanctions

Shipping Companies Warned of Red Flags in New US Sanctions Guidance

By Editors | 12/12/2023

Five US agencies team up to issue guidance for shipping and logistics firms as US government continues crackdown on sanctions and export control evasion.