International

Sanctions

NATO Allies Start Using AI to Monitor Russian Shadow Fleet

By Manesh Samtani | 09/01/2025

The initiative was launched under the banner of the Joint Expeditionary Force, a UK-led Northern European multi-national military partnership

Sanctions

OFAC Sanctions Leader of Sudan’s Rapid Support Forces

By Editors | 08/01/2025

Secretary of State Antony Blinken said the US government has determined that the RSF has “perpetrated genocide” in Sudan

Fintech / Regtech

CPMI Announces Next Steps to Promote ISO 20022 Harmonisation

By Editors | 08/01/2025

CPMI will establish a joint panel to encourage global adoption of the harmonised ISO 20022 data requirements published in October 2023

Sanctions

US Adds Myanmar and China-based Companies to Entity List

By Editors | 07/01/2025

11 entities were added for supporting China’s military. Telecom provider Mytel was added for enabling surveillance of Myanmar people.

Sanctions

OFAC Fines Aviation Products Supplier for Russia Shipments

By Editors | 07/01/2025

OFAC attributed the violations to the firm’s failure to rescreen customers after their SDN designation, and inadequate sanctions compliance procedures

Sanctions

US Eases Some Restrictions on Transactions in Syria

By Editors | 07/01/2025

Transactions with governing institutions in Syria allowed “even if a designated individual has a leadership role in that governing institution”

AML / KYC

Unlocking the Value of GenAI in Financial Crime Compliance

By Bradley Maclean | 07/01/2025

SymphonyAI’s Craig Robertson, DBS’ Lam Chee Kin and BOS’ Ng Kok Keong discuss the use of AI in financial crime compliance.

AML / KYC

US Authorities Target US Clients of Trident Trust in Global Tax Probe

By Editors | 07/01/2025

US court order will require US entities of Trident Trust to reveal the identities of US taxpayer clients who used its services.

Sanctions

Russia-EU Gas Flows via Ukraine Come to a Halt

By Editors | 06/01/2025

The European Commission said most EU states could cope with the change. Gazprom will lose around $5bn in annual gas sales.