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March 16, 2018: HK SFC AML/CTF Circular
On March 16th, the Hong Kong Securities and Futures Commission (HK SFC) issued a AML/CTF Circular announcing changes to Hong Kong’s anti terrorism and Somalia sanctions lists, as initially promulgated...
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HMT updates North Korea sanctions listings
Earlier today, Her Majesty’s Treasury (HMT) added the following person: YUAN, TSAN, YUNG DOB: 20/10/1957. a.k.a: (1) TSANG, Neil (2) TSANG, Yun, Yuan Passport Details: Number 302001581 Other...
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April 2, 2018: UN, DFAT add to DPRK sanctions
On Monday, Australian regulators added the following person: TSANG YUNG YUAN a. Description: Tsang Yung Yuan has coordinated North Korean coal exports with a North Korean broker operating in a third...
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April 3, 2018: UN, DFAT add 1 to terror list
On Tuesday, Australian regulators added the following entity to their Consolidated List under its counter terrorism sanctions program: QDe.158 Name: KHATIBA IMAM AL-BUKHARI (KIB) A.k.a.: Khataib...
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April 4, 2018: SECO updates terrorism sanctions listings
Yesterday, Swiss authorities added the following entity, designated by the United Nations ISIL (Da’esh) and Al-Qaida Sanctions Committee, to its Al-Qaida/bin Laden/Taliban counter terrorism sanctions...
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EU plays catchup with UN North Korea sanctions changes
North Korea: EU aligns its restrictive measures with latest UN sanctions The Council has added one person and 21 entities to the list of those subject to restrictive measures against the Democratic...
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Back up the truck: Russian oligarch assets get frozen (among other things)
Today, OFAC added the following persons: AKIMOV, Andrey Igorevich, Russia; DOB 1953; POB Leningrad, Russia; Gender Male; Chairman of the Management Board of Gazprombank (individual) [UKRAINE-EO13661]....
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OFAC Russia/Ukraine General License 12
DEPARTMENT OF THE TREASURY WASHINGTON, D.C. 20220 OFFICE OF FOREIGN ASSETS CONTROL Ukraine Related Sanctions Regulations 31 C.F.R. Part 589 GENERAL LICENSE NO. 12 Authorizing Certain Activities...
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OFAC Russia/Ukraine General License 13
DEPARTMENT OF THE TREASURY WASHINGTON, D.C. 20220 OFFICE OF FOREIGN ASSETS CONTROL Ukraine Related Sanctions Regulations 31 C.F.R. Part 589 GENERAL LICENSE NO. 13 Authorizing Certain Transactions...
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New OFAC FAQ related to today’s Ukraine/.Russia designations
567. I am a U.S. person employee or work at an office of a company that was designated under E.O. 13661 or E.O. 13662, or blocked by operation of law pursuant to OFAC’s 50 percent rule on April 6,...
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Updated CAATSA-related OFAC FAQ
542. How does OFAC interpret the following terms as used in section 5 of UFSA, as amended by section 226 of CAATSA: “significant transaction,” “significant financial transaction,” and “facilitated?”...
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MAS Enforcement Action: Standard Chartered Bank & Standard Chartered Trust
MAS Imposes Penalties on Standard Chartered Bank and Standard Chartered Trust for AML/CFT Breaches Singapore, 19 March 2018 … The Monetary Authority of Singapore (MAS) announced today that it has...
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March 20, 2018: HK SFC AML/CTF Circular
Circular to Licensed Corporations and Associated Entities Anti-Money Laundering / Counter-Terrorist Financing (1) FATF Statement on Democratic People’s Republic of Korea and Iran (2) FATF...
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March 26, 2018: HK SFC AML/CTF Circular
On March 26th, the Hong Kong Securities and Futures Commission (HK SFC) issued an anti-money laundering and counter terrorist financing (although they use CFT as an acronym) circular. It contained two...
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Another day, more HSBC phishing emails…
Press Releases Phishing e-mail 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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HKMA Fraud Alert: 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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Background on April 6th Russian Oligarch designations
Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity APRIL 6, 2018 WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets...
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Buried in the Rubles: the OTHER OFAC update from April 6th
Treasury Sanctions Music Promoter and Prostitution Ring Leader Linked to Mexican Cartels APRIL 6, 2018 OFAC Designates High-Profile Individuals Acting on Behalf of CJNG, Los Cuinis Drug Trafficking...
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April 6, 2018: HMT removes “temporary listing” note on KIB counter terrorism...
On April 6th, after the passage of Commission Implementing Regulation (EU) No 2018/537, Her Majesty’s Treasury (HMT) amended the following ISIL (Da’esh) and Al-Qaida sanctions listing: KHATIBA IMAM...
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April 10, 2018: HMT removes temporary listing note from DPRK listings
On April 10, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation 2018/548 by removing the temporary listing verbiage from listings for the following person: YUAN, TSAN, YUNG DOB:...
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