OFAC designates Venezuela maritime companies, vessels
Today, OFAC added the following companies: ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 5869890...
View ArticleHKMA Alert: Suspicious Fubon Bank mobile app
21 May 2020 Suspicious mobile application (App) related to Fubon Bank (Hong Kong) Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by...
View ArticleHKMA Alert: Fraudulent Livi VB Limited website
25 May 2020 Fraudulent website related to Livi VB Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Livi VB Limited on fraudulent...
View ArticleJune 4, 2020: EU, OFSI amend one North Korea listing
On Thursday, UK regulators amended the following entity: YUK TUNG ENERGY PTE LTD Address: 17-22, UOB Plaza 2, Raffles Place, Singapore 048624, Singapore. 80 Raffles Place, #17-22 UOB Plaza, Singapore,...
View ArticleJune 4, 2020: EU, OFSI amend 335 Syria sanctions listings
Yesterday, UK officials amended 273 individuals and 62 entities sanctioned under its Syria sanctions program, as per Council Implementing Regulation (EU) 2020/716 Links: OFSI Notice Council...
View ArticleTo renew or not to renew? That is the question… in Australia, at least
Between 1 September 2020 and 28 February 2021, the Minister for Foreign Affairs will be considering the renewal of designations for targeted financial sanctions and/or declarations for travel bans of...
View ArticleJune 4, 2020: About 8 months later, new Syria sanctions regulations.
Publication of Syria-related Sanctions Regulations 6/4/2020 The Office of Foreign Assets Control (OFAC) is issuing regulations to implement Executive Order 13894 of October 14, 2019 (“Blocking...
View ArticleHKMA Alert: Fraudulent Livi LB Limited websites
26 May 2020 Fraudulent websites related to Livi VB Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Livi VB Limited on fraudulent...
View ArticleGot Iran-related sanctions questions? So does OFAC…
Today, OFAC issued the following Frequently Asked Questions about Executive Order 13902: Executive Order (E.O.) 13902, “Imposing Sanctions With Respect to Additional Sectors of Iran” 830. Will OFAC...
View ArticleWhat’s in a name? That which we call an Iranian cargo vessel by any other...
Today, OFAC slapped the Iranian Financial Sanctions Regulations (IFSR) and Non-Proliferation of Weapons of Mass Desctruction (NPWMD) program tags on the following Iranian cargo vessels: AAJ Crew/Supply...
View ArticleJune 8, 2020: State Department Explains the OFAC designations…
United States Designates Key Iranian Shipping Entities Under Proliferation Authority as Tehran Continues To Expand Proliferation Sensitive Activities PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF...
View ArticleHKMA Alert: Bank of East Asia phishing email
27 May 2020 Phishing email related to The Bank of East Asia, Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Bank of East Asia,...
View ArticleHKMA Alert: HSBC phishing email
27 May 2020 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 by...
View ArticleHKMA Alert: Fraudulent Union Bancaire Privée website
27 May 2020 Fraudulent website related to Union Bancaire Privée, UBP SA The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Union Bancaire...
View ArticleJune 11, 2020: New Executive Order for International Criminal Court sanctions
OFAC already has a program page for this… here’s the Executive Order: EXECUTIVE ORDER ——- BLOCKING PROPERTY OF CERTAIN PERSONS ASSOCIATED WITH THE INTERNATIONAL CRIMINAL COURT By the authority vested...
View ArticleHKMA Alert: Bank of Taiwan phishing email
01 Jun 2020 Phishing email related to Bank of Taiwan The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of Taiwan on phishing email, which...
View ArticleHKMA Alert: Fraudulent Union Bancaire Privee, UBP SA website
03 Jun 2020 Fraudulent website related to Union Bancaire Privée, UBP SA The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Union Bancaire...
View ArticleHKMA Alert: Fraudulent Bank of China website and phishing email
03 Jun 2020 Fraudulent website 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 issued...
View ArticleMAS Enforcement Action: TMF Trustees Singapore pays $400,000
Enforcement Actions Published Date: 19 March 2020 MAS Imposes Composition Penalty of $400,000 on TMF Trustees Singapore Limited for AML/CFT Failures Singapore, 16 March 2020 … The Monetary Authority...
View ArticleOFSI amends post-Brexit Russia sanctions regulations & issues guidance
Russia (EU Exit) Regulations 2019 amended The Russia (Sanctions) (EU Exit) Regulations 2019 under the Sanctions and Anti-Money Laundering Act 2018 have been amended. The Regulations enter into force...
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