Sanctions

Sanctions

US Targets Entities in China, Turkey, UAE in Latest Round of Russia Sanctions

By Editors | 03/11/2023

US Treasury and State Departments sanction more than 200 targets in several countries, as US Commerce Department adds 13 Russian companies to its Entity List.

AML / KYC

AUSTRAC Establishes Operational Response To Israel-Gaza Conflict

By Sanday Chongo Kabange | 02/11/2023

AUSTRAC advises reporting entities to report any suspicious transactions they identify as part of the “important role” they play in stopping financial crime.

Sanctions

US, UK, Canada Announce New Myanmar Sanctions

By Editors | 01/11/2023

OFAC restricts financing to Myanma Oil and Gas Enterprise (MOGE), as UK and Canada add new names to asset freeze lists.

AML / KYC

Japan Joins US in Sanctioning Hamas Fundraisers

By Editors | 31/10/2023

Japan announces sanctions on nine individuals and one company following US Treasury action earlier this month.

AML / KYC

Elliptic Corrects Media and US Senator over Reporting on Hamas Crypto Funding

By Editors | 31/10/2023

Blockchain analytics firm says the WSJ and Senator Elizabeth Warren misrepresented its research in overstating the funding Hamas received through cryptocurrency.

Crypto / Digital Assets

OFAC Targets Hamas Finances With New Sanctions

By Editors | 30/10/2023

The new designations underscore the “critical role Iran plays” in providing support to Hamas, said deputy Treasury secretary Wally Adeyemo.

Sanctions

US, China Hold First Meetings of New Working Groups

By Mark Johnston | 25/10/2023

The US “frankly raised” areas of concern at the first economic and financial working group meetings with Chinese officials.

Enforcement

China’s Foxconn Investigation Making Investors Uneasy – Reports

By Editors | 24/10/2023

Reports suggest the investigation is politically motivated, because Foxconn founder Terry Gou is seeking Taiwan’s presidency.

Sanctions

China Imposes Exports Controls on Graphite Products

By Editors | 23/10/2023

China dominates global supply chains for graphite, a key material used in electric vehicle batteries.