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EU sanctions Russian intelligence, North Korean, Chinese firms over alleged cyberattacks

The European Union on Thursday imposed travel and financial sanctions on a department of Russia’s military intelligence service and on firms from North Korea and China over their suspected participation in major cyberattacks across the world. In its first ever sanctions related to cybercrime, the EU targeted the department for… Read More

UK regulators tighten sanctions controls on maritime trade

The UK’s top sanctions regulator has issued landmark guidance for all companies involved in maritime trade, instructing them to pay closer attention to vessel behaviour, company structures and potentially forged documents. The Office of Financial Sanctions Implementation (OFSI) warns that “a variety of tactics are deployed to confuse or conceal… Read More

U.N. experts warn Venezuela it could be in breach of North Korea sanctions – documents

U.N. investigators monitoring compliance with sanctions on North Korea are looking into a possible military and technology deal between Pyongyang and Venezuela and have warned Caracas that it could be in violation of U.N. Security Council resolutions. In two previously unreported letters to Venezuela’s U.N. ambassador, Samuel Moncada – sent… Read More

24th July 2020

Hundreds of millions flow from Russian Ministry into an obscure Geneva organization — and officials’ pockets

By Olesya Shmagun, OCCRP, 22 July 2020 OCCRP – Though its population barely exceeds 200,000 people, Geneva is one of the world’s most important diplomatic centers. The International Red Cross and the World Health Organization are headquartered in the picturesque Swiss city, along with the second-largest office of the… Read More

20th July 2020

Amazon: Prime Time for Penalties

On July 8th, the Office of Foreign Assets Control (OFAC) announced a settlement agreement with Amazon.com, Inc (“Amazon”) for a large number of violations across a wide spectrum of OFAC’s sanctions programs (the agreement published by OFAC lists 14 sets of regulations and Executive Orders). While the total amount… Read More

17th July 2020

U.S. Justice Department Files First Case Against a Company for Violating North Korea Sanctions

A unit of a U.K. tobacco firm agreed to pay a $666,000 penalty to resolve criminal charges that it facilitated sales to North Korea, in the first such case against a company for violating U.S. sanctions on Pyongyang. The United Arab Emirates-based Essentra FZE Co. Ltd., which is a subsidiary… Read More

16th July 2020

Dark activity: As sanctions pressure rises, maritime trade turns to tech

A long-awaited advisory from the US’ Office of Foreign Assets Control (OFAC) has changed the rules of the game for maritime trade. The sanctions regulator – which sits within the Department of the Treasury and has the power to hand out multi-billion dollar fines to entities anywhere in the world… Read More

10th July 2020

Russia to hit UK with retaliatory sanctions after Raab announces Magnitsky Act-style measures

The Kremlin has said it will impose retaliatory sanctions on the UK after Dominic Raab announced Magnitsky Act-style measures against individuals in Russia, Saudi Arabia, Myanmar and North Korea. Britain’s post-Brexit sanctions, which are designed to stop the laundering of “blood money”, targeted 20 Saudis and 25… Read More

8th July 2020

North Korean hackers are now stealing U.S. shoppers’ credit card details

Hackers with suspected ties to the North Korean regime are intercepting and stealing U.S. shoppers’ credit card details during online payments. Cybercriminals with links to a state-sponsored unit known as “Hidden Cobra” have been breaking into the websites of “large U.S retailers” and planting “skimmers” since at least May 2019,… Read More

8th July 2020

UK imposes sanctions against human rights abusers

The UK is imposing sanctions on 49 people and organisations behind the most “notorious” human rights abuses of recent years. Individuals implicated in the death of Russian lawyer Sergei Magnitsky in 2009 will have their UK assets frozen and banned from entering the country. And Saudi Arabian officials involved in… Read More

6th July 2020

UK to impose sanctions independently for first time, targeting Russians and Saudis

Britain will later impose sanctions independently for the first time on dozens of individuals accused of human rights abuses around the world. Foreign Secretary Dominic Raab will launch the government’s new post-Brexit sanctions regime by naming the first violators to have their assets frozen. In the past, Britain has almost… Read More

6th July 2020

Report: More than 60 countries violated sanctions with North Korea last year

Sixty-two countries violated United Nations Security Council sanctions against North Korea over a one-year period, according to a report from a Washington, D.C.-based think tank The Institute for Science and International Security report, released Wednesday, cites over 250 alleged violations from February 2019 to February 2020 based on… Read More

1st June 2020

North Koreans Accused of Laundering $2.5 Billion for Nuclear Program

North Korean and Chinese citizens are operating a multibillion-dollar money laundering scheme to help fund the North’s nuclear weapons program, the Justice Department said in an indictment unsealed on Thursday. The case underscores the Trump administration’s inability to halt Pyongyang’s nuclear weapons program through diplomacy. The department charged 28… Read More

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