5th January 2021
A U.S. judge on Monday blocked the Trump administration from sanctioning human rights lawyers for supporting the work of the world’s war crimes tribunal, the International Criminal Court. U.S. District Judge Katherine Polk Failla in Manhattan issued a preliminary injunction against the White House from imposing criminal or civil penalties… Read More
5th January 2021
Pakistan has arrested Zaki-ur-Rehman Lakhvi, a leader of armed group Lashkar-e-Taiba (LeT) – blamed by the United States and India for the 2008 Mumbai attacks, a counterterrorism official said. The arrest is in relation to “terrorism financing”, the official said on Saturday, and not a specific attack. “Proscribed organisation LeT… Read More
4th January 2021
The U.S. State Department on Friday added a Cuban commercial bank to its restricted list, saying it will prevent the Cuban military from benefiting from financial transactions. The State Department placed Banco Financiero International S.A. in the Cuba Restricted List starting in early January, calling it “a Cuban military-controlled commercial… Read More
4th January 2021
The maritime sanction compliance advisories published by the United Nations Security Council Panel of Experts for North Korea, the US Department of Treasury’s Office of Foreign Assets Control (OFAC) in May 2020 and the UKs Office of Financial Sanctions Implementation (OFSI) in July 2020, have all added to the growing… Read More
1st January 2021
The Trump administration on Wednesday unveiled sanctions on a Venezuelan judge and prosecutor for their roles in the prosecution and sentencing of six US oil executives, collectively known as the “CITGO 6.” Judge Lorena Carolina Cornielles Ruiz presided over the trial and “ultimately sentenced each of the six US persons… Read More
31st December 2020
Police and prosecutors will be forced to retreat to decades-old tools for cooperation despite a last-minute Brexit trade deal, raising the risk of fumbles. The pact between Britain and the European Union allows cooperation between the U.K. and member states, particularly as part of investigations into terrorism and serious crime,… Read More
31st December 2020
A hacker group called Spiderz claimed that it has succeeded in hacking into Hezbollah’s Al-Qard Al-Hassan financial organization and leaked details on depositors and borrowers from the lender, Lebanese media reported on Tuesday. The group released lists of clients and the organization’s annual budget on its website, as well as… Read More
31st December 2020
The U.S. Treasury has settled with BitGo over charges that it facilitated users in sanctioned areas to transact using its crypto wallet services between 2015 and 2019. BitGo, an institutional crypto custodian service and wallet operator, did not do due diligence in blocking wallet users based in Crimea, Cuba, Iran,… Read More
30th December 2020
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade. Within weeks, a little-known company based in the United Arab Emirates took over management of several tankers that… Read More
30th December 2020
The United States has reached an agreement with Saudi Arabia’s National Commercial Bank over the NCB’s violations of US sanctions against Syria and Sudan, the US Treasury Department announced in a Monday release. The Treasury statement said:“The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced… Read More