HK’s top leader piles up cash at home after U.S. sanctions
30th November 2020
HK’s top leader piles up cash at home after U.S. sanctions
Hong Kong leader Carrie Lam says she has to pile up cash at home as she has been unable to open a bank account in the global financial centre since Washington sanctioned her shortly after Beijing imposed a national security law on the city. Beijing circumvented Hong Kong’s legislature and… Read More
U.S. envoy to Iran says more sanctions coming, urges Biden to maintain leverage
27th November 2020
U.S. envoy to Iran says more sanctions coming, urges Biden to maintain leverage
The Trump administration plans to tighten sanctions on Tehran during its final months in power, the top U.S. envoy on Iran said on Wednesday, as he urged President-elect Joe Biden to use the leverage to press for a deal that reduces the regional and nuclear threats posed by the Islamic… Read More
Bill Browder threatens legal action over Swiss bank accounts linked to Magnitsky scandal
27th November 2020
Bill Browder threatens legal action over Swiss bank accounts linked to Magnitsky scandal
High-profile Kremlin critic and investor Bill Browder has threatened Credit Suisse and UBS with legal action for breaching US sanctions if they unfreeze accounts belonging to three Russian clients accused of a huge tax fraud against his investment company. The two Swiss banks hold assets worth more than $24m, which… Read More
Treasury Sanctions Militia and Its Leader in Connection with Serious Human Rights Abuse in Libya
27th November 2020
Treasury Sanctions Militia and Its Leader in Connection with Serious Human Rights Abuse in Libya
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Mohamed al-Kani (al-Kani) and the Kaniyat militia, which is responsible for the murder of civilians recently discovered in numerous mass graves in Tarhouna, as well as torture, forced disappearances, and displacement of civilians. Al-Kani and… Read More
CSIS alleges Iran used Toronto company to wire millions to Canada despite sanctions
26th November 2020
CSIS alleges Iran used Toronto company to wire millions to Canada despite sanctions
A Toronto currency exchange business helped Iran secretly wire millions of dollars into Canada in violation of sanctions, according to a classified intelligence report that calls the financial transfers a threat to national security. A Canadian Security Intelligence Service report obtained by Global News accuses Alireza Onghaei, the investor immigrant… Read More
EU’s Sanctions List for Separatist Transnistria Leaders ‘Out of Date’
25th November 2020
EU’s Sanctions List for Separatist Transnistria Leaders ‘Out of Date’
The Council of the European Union on Monday extended until October 2021 the restrictive measures it has imposed on representatives of the separatist regime in Transnistria, banning then from entering EU countries – but observers noted that the list of individuals sanctioned is outdated and includes people who are no… Read More
EU to impose more Belarus sanctions, including on firms
20th November 2020
EU to impose more Belarus sanctions, including on firms
European Union foreign ministers agreed on Thursday to push ahead with a new round of sanctions on Belarus including on Belarusian companies, in response to state repression of pro-democracy protests, the EU’s top diplomat said on Thursday. The EU has already imposed travel bans and asset freezes on almost 50… Read More
U.S. imposes sweeping sanctions on Iran, targets Khamenei-linked foundation
19th November 2020
U.S. imposes sweeping sanctions on Iran, targets Khamenei-linked foundation
The United States on Wednesday imposed broad sanctions targeting Iran, blacklisting a foundation controlled by Supreme Leader Ayatollah Ali Khamenei and taking aim at what Washington called Iran’s human rights abuses a year after a deadly crackdown on anti-government demonstrators. The sanctions announced by the U.S. Treasury Department, which also… Read More
Germany accuses Russia, China of stalling over North Korea fuel sanctions
19th November 2020
Germany accuses Russia, China of stalling over North Korea fuel sanctions
UNITED NATIONS (Reuters) – Germany accused Russia and China on Tuesday of preventing a United Nations Security Council committee from determining whether North Korea has breached a U.N. cap on refined petroleum imports by the isolated Asian state. The Security Council has ratcheted up sanctions on North Korea since 2006… Read More
Airbnb Reveals Potential Noncompliance of U.S. Sanctions
17th November 2020
Airbnb Reveals Potential Noncompliance of U.S. Sanctions
Airbnb Inc. said it made voluntary disclosures to the Treasury Department about its compliance efforts and certain user activity on its platform that may have been at odds with requirements under U.S. sanctions laws. The San Francisco-based home-sharing company said it conducted an internal review and is in discussions with… Read More
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