18th January 2021
The Trump administration sanctioned Cuba’s interior minister and the agency overseeing the island’s state security apparatus Friday in a final push to punish the island’s government before leaving office. The U.S. Treasury Department accused Brigadier General Lázaro Alberto Álvarez Casas of “serious human rights abuses” in making the designation. Also… Read More
15th January 2021
U.S. authorities have more power to obtain documents from foreign banks with U.S. correspondent accounts under recently passed defense-policy legislation. A provision of the National Defense Authorization Act, approved Jan. 1, allows the U.S. Treasury secretary or attorney general to subpoena records related to any account at a foreign bank… Read More
15th January 2021
The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei, and their subsidies, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy. The designations announced by the U.S. Treasury Department target Execution of Imam… Read More
15th January 2021
The Maltese financial regulator has replaced the person appointed to run Pilatus Bank, after the bank’s shareholders filed American judicial proceedings against Lawrence Connell. Connell was appointed in March 2018 to take over Pilatus as its ‘competent person’ after the arrest of Pilatus owner Ali Sadr Hasheminejad in Washington D.C. Read More
14th January 2021
Iran demands the removal of the so-called snapback mechanism in its nuclear accord, which could revive all U.N. sanctions against Tehran, in the event of new talks with world powers, a senior aide to Supreme Leader Ayatollah Ali Khamenei said. Under the 2015 deal, Iran agreed to curb its nuclear… Read More
14th January 2021
Two Iranian nationals living in Ontario have been arrested for allegedly conspiring to export products to Iran in violation of sanctions, the U.S. Justice Department said Tuesday. Ameni Yousefi Jam, 33, was arrested in Canada and was scheduled to appear in court in Toronto on Wednesday for extradition proceedings. Meanwhile,… Read More
13th January 2021
The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project, two sources said on Tuesday. “We… Read More
12th January 2021
The Trump administration on Monday announced it was returning Cuba to the U.S. list of state sponsors of terrorism, a move that could complicate any efforts by the incoming Biden administration to revive Obama-era detente with Havana. Just nine days before Republican President Donald Trump leaves office, Secretary of State… Read More
12th January 2021
The Trump administration imposed sanctions on Monday against seven Ukrainians — including two who assisted President Trump’s personal lawyer Rudolph W. Giuliani — for being part of what it called “a Russia-linked foreign influence network” that spread “fraudulent and unsubstantiated allegations” about President-elect Joseph R. Biden Jr. during the 2020… Read More
11th January 2021
China on Saturday issued a new order to prohibit firms from complying with foreign laws banning transactions with Chinese companies and individuals, effective immediately. The so-called Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures apply to circumstances that “improperly prohibit or restrict” Chinese individuals, companies, and… Read More