Featured Sanctions

Leaked documents reveal Huawei’s secret operations to build North Korea’s wireless network

Huawei Technologies Co., the Chinese tech giant embroiled in President Trump’s trade war with China and blacklisted as a national security threat, secretly helped the North Korean government build and maintain the country’s commercial wireless network, according to internal documents obtained by The Washington Post and people familiar with… Read More

U.S. sanctions Chinese oil buyer over alleged Iran violations

The United States has sanctioned the China’s state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, U.S. Secretary of State Mike Pompeo said in a speech on Monday. “We’ve said that we will sanction any sanctionable behavior, and we mean it,” Pompeo said… Read More

Banker Bonuses Face Crackdown in Australia After Scandals

Bank executives in Australia may have to wait as long as seven years to receive their bonuses and face a greater emphasis on improving culture and governance, under regulatory proposals spurred by a string of scandals across the financial industry. In other changes, financial measures will account for no more… Read More
23rd July 2019
President Vladimir Putin handed Russian citizenship to gas producer Novatek’s veteran finance chief Mark Gyetvay on Monday, a move that could potentially help the U.S. national bypass some sanctions restrictions. U.S. sanctions imposed on Russia in 2014 ban U.S. nationals and companies from helping organize long-term funding for some major… Read More
22nd July 2019
Britain has kicked off a review of how regulation of finance could be improved after Brexit, saying it would not tweak the existing set-up of watchdogs introduced in the aftermath of the financial crisis a decade ago. The European Union has been the source of financial rules in Britain for… Read More
22nd July 2019
Standard Chartered Plc’s transactions with Iran were worth tens of billions of dollars more than previously known, a whistle-blower said in a lawsuit claiming the British bank actively pursued Iranian business in violation of U.S. sanctions. The whistle-blower, a bank executive who isn’t named in court papers,… Read More
22nd July 2019
Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized a ship three days ago. Prime Minister Theresa May’s office said she would chair… Read More
19th July 2019
The United States on Thursday imposed sanctions on an international network of companies and their agents it said were involved in the procurement of materials for Iran’s nuclear programme. They are the first punitive steps by Washington since Tehran announced earlier this month it would increase its levels of enriched… Read More
19th July 2019
AP — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic’s ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country. In Iran, some government officials worry that the energy-hungry process of “mining” Bitcoin is abusing… Read More
19th July 2019
European law enforcement agencies set to lose the ability to tap criminals’ mobile devices with the launch of 5G technology must be brought into discussions earlier when communications networks are modernised, the new head of Europol told Reuters. Appealing to EU leaders for greater powers to fight tech-savvy criminals, Catherine… Read More
17th July 2019
The European Union is preparing new sanctions against Venezuelan security forces involved in human rights violations, the bloc’s foreign policy chief said on Tuesday, following the death in custody of a navy captain amid allegations of torture. Federica Mogherini said the death of Rafael Acosta while in custody for alleged… Read More
17th July 2019
The United States on Tuesday announced sanctions on the Myanmar military’s Commander-in-Chief Min Aung Hlaing and other military leaders over extrajudicial killings of Rohingya Muslims, barring them from entry to the United States. The steps, which also covered Min Aung Hlaing’s deputy, Soe Win, and two other senior commanders and… Read More
17th July 2019
Venezuela’s government is studying the possibility of switching to a Russian-operated international payments messaging system as an alternative to SWIFT as part of preparations for an uptick in U.S. sanctions, according to two people familiar with the matter. Venezuelan central bank officials have requested information from their Russian counterparts to… Read More