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October 5, 2018: SECO adds 1 new counter terrorism listing
Last Friday, Swiss authorities added the following entity: SSID: 10-39764 Foreign identifier: QDe.159 Name: Jama’a Nusrat ul-Islam wa al-Muslimin (JNIM) Relation: a) Associated with Al-Qaida...
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October 5, 2018: OFSI publishes its annual review
Last Friday, the Office of Financial Sanctions Implementaton (OFSI), part of HM Treasury, issued its annual review of its operations from April 2017 to March of this year. Interesting stats: 2077 total...
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October 5, 2018: HMT, UN add 1 entity to terror list
Last Friday, under the authority of the United Nations and European Financial Sanctions (Linking) Regulations, Her Majesty’s Treasury (HMT) added the following entity: JAMA’A NUSRAT UL-ISLAM WA...
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October 9, 2018: One more reminder from OFSI
Office of Financial Sanctions Implementation Reminder: Frozen Assets Reporting (2018) This is a reminder that if you hold or control funds or economic resources belonging to, owned, held, or...
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October 5, 2018: EU, HMT remove one entity from Iraq sanctions
On Friday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2018/1476 by removing the following entity: STATE ENTERPRISE FOR AUTOMOTIVE INDUSTRY a.k.a: State...
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October 9, 2018: OSFI adds entity to terror list
On Tuesday, Canadian officials added: QDe.159 Name: Jama’a Nusrat ul-Islam wa al-Muslimin (JNIM)Name (original script): جماعة نصرة الإسلام والمسلمين A.k.a.: na F.k.a.: na Address: na Listed on: 4 Oct....
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October 8, 2018: EU, HMT remove entity from Iraq sanctions
On Monday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2018/1483 by removing: STATE ORGANIZATION FOR CONSTRUCTION INDUSTRIES Address: PO Box 2101, Masbeh...
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October 8, 2018: DFAT plays catchup
On Monday, Australian regulators implemented 3 sets of UN removals from Iraq sanctions – here’s a consolidated list of the removed entities: IQe.168 Name: STATE ORGANIZATION FOR CONSTRUCTION INDUSTRIES...
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NY DFS Enforcement Action: Mashreqbank fined $40 million for AML & OFAC failures
Press Release October 10, 2018 Contact: Richard Loconte, 212-709-1691 DFS FINES MASHREQBANK AND ITS NEW YORK BRANCH $40 MILLION FOR VIOLATIONS OF NEW YORK ANTI-MONEY LAUNDERING AND RECORDKEEPING LAWS...
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HKMA Alert: Fraudulent Bank of China website
Press Releases Fraudulent website related to Bank of China (Hong Kong) Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of China...
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“Secondary sanctions risk” explained by OFAC – not really
So, I asked OFAC why those DPRK listings now said “secondary sanctions risk” and not the kind of wording you see in other programs. And they pointed me to FAQs 555 through 557, which explains what the...
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October 9, 2018: ELN and SL TAFA designations renewed
On Tuesday, Her Majesty’s Treasury (HMT) renewed the Final Designations of: 1. EJERCITO DE LIBERACION NACIONAL (ELN) a.k.a: National Liberation Army Other Information: Both UK listing and EU listing....
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HKMA Alert: HSBC phishing email
Press Releases Phishing email related to The Hongkong and Shanghai Banking Corporation Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued...
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October 11, 2018: FinCEN issues Iran advisory – and OFAC promotes it
Yesterday, FinCEN issued an advisory about Iran’s “illicit and malign activities” – and, for some reason, OFAC sent out an email promoting it. Here is FinCEN’s press release: FinCEN Issues Advisory on...
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October 9, 2018: HMT removes the temporary wording from latest terror listing
Due to the passage of Commission Implementing Regulation (EU) No 2018/1494, the following ISIL (Da’esh) and Al-Qaida counter terrorism listing: JAMA’A NUSRAT UL-ISLAM WA AL-MUSLIMIN (JNIM) Other...
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Oleg Deripaska gets yet another 2 months
Today, on the expiration date, OFAC issued new versions of three Ukraine/Russia-related General Licenses, giving Oleg Deripaska’s companies United Company Rusal and EN+ Group another 2 month reprieve...
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UK Sanctions under “no deal” Brexit
Office of Financial Sanctions Implementation Technical Notice for leaving EU with ‘no deal’ DEXEU have released a technical notice explaining the sanctions preparations for a ‘no deal’ scenario....
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HKMA Alert: Bank of China fraudulent websites and phishing emails
Press Releases Fraudulent websites and phishing email related to Bank of China (Hong Kong) Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release...
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HK SFC concludes AML/CFT consultation
Latest update 最新訊息 SFC concludes consultation on amendments to anti-money laundering and counter-financing of terrorism guidelines 12 Oct 2018 The Securities and Futures Commission (SFC)...
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HKMA Alert: Fraudulent CTBC Bank website
Press Releases Fraudulent website related to CTBC Bank Co., Ltd. The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by CTBC Bank Co., Ltd. on...
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