Report: More than 60 countries violated sanctions with North Korea last year
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
U.S. should put sanctions on Russian intelligence, defense sectors: Pelosi
3rd July 2020
U.S. should put sanctions on Russian intelligence, defense sectors: Pelosi
The United States should impose sanctions on Russia’s intelligence and defense sectors, House of Representatives Speaker Nancy Pelosi said on Thursday after a briefing on reported Russian payments to Taliban militants to kill U.S. soldiers in Afghanistan. While not disclosing what she and other top lawmakers were told about the… Read More
Suspicions of Russian bounties were bolstered by data on financial transfers
2nd July 2020
Suspicions of Russian bounties were bolstered by data on financial transfers
Analysts have used other evidence to conclude that the transfers were most likely part of an effort to offer payments to Taliban-linked militants to kill American and coalition troops in Afghanistan. American officials intercepted electronic data showing large financial transfers from a bank account controlled by Russia’s military intelligence agency… Read More
EU prepares response to Nord Stream U.S. sanctions threat
1st July 2020
EU prepares response to Nord Stream U.S. sanctions threat
The European Commission is preparing measures to protect the European Union as it faces threatened U.S. sanctions, which could break international law, on a link to carry gas directly from Russia to Germany, the EU’s foreign policy chief said. U.S. senators this month announced a bill tightening sanctions on the… Read More
Bank of Estonia: SEB fine shows banks could step up money-laundering fight
30th June 2020
Bank of Estonia: SEB fine shows banks could step up money-laundering fight
Estonian banks need to develop and improve their Anti-Money Laundering (AML) processes, including by having smarter know-your-client systems, the Bank of Estonia says, following a €1 million the Financial Supervisory Authority (FSA) imposed on the Scandinavian-owned SEB Pank on Thursday. This would be made easier by legislative changes and more… Read More
A Portrait Called Eva Is Belarus Strongman’s Top Election Threat
29th June 2020
A Portrait Called Eva Is Belarus Strongman’s Top Election Threat
Arms folded and her lips sardonically askew, Eva makes an unlikely icon for the protest movement that’s shaking Belarus leader Alexander Lukashenko ahead of presidential elections. For starters, “she” is an almost century-old oil painting. Yet the portrait by the Jewish expressionist painter Chaim Soutine has swirled into the… Read More
EU’s top court upholds sanctions against Russia’s VTB over Ukraine turmoil
25th June 2020
EU’s top court upholds sanctions against Russia’s VTB over Ukraine turmoil
The European Union’s top court on Thursday upheld sanctions against Russia’s second-largest bank VTB (VTBR.MM), dismissing the lender’s appeal against the restrictive measures the bloc had first imposed in 2014 over the turmoil in Ukraine. The sanctions restrict the bank’s access to some financial transactions and to capital markets… Read More
The $35 Million Chalet a Russian Tycoon Can’t Prove He Owns
22nd June 2020
The $35 Million Chalet a Russian Tycoon Can’t Prove He Owns
Vitaly Malkin can’t prove he owns a luxury ski chalet in France’s Courchevel region. But the Russian businessman still has to pay the taxes on it. After a four-year court battle, Malkin, a former Russian senator, was ordered by a French court earlier this month to pay a $1.7 million… Read More
The Murky History of Russia’s Largest Sports Betting Company
17th June 2020
The Murky History of Russia’s Largest Sports Betting Company
By Roman Shleynov, OCCRP, 16 June 2020 OCCRP — One day in the summer of 2013, the central Moscow office of Fonbet, Russia’s largest sports betting company, looked like a besieged fortress. Sparks and the smell of burnt metal filled the air. Officers from the anti-corruption directorate of the… Read More
How China got shipments of Venezuelan oil despite U.S. sanctions
16th June 2020
How China got shipments of Venezuelan oil despite U.S. sanctions
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas… Read More
Popular

Deloitte fined record £15m over ‘serious and serial failures’ in Autonomy audit

U.S. Treasury plans major overhaul of anti-money-laundering rules

FATF identifies red flag indicators to detect misuse of virtual assets

Leading Chinese Shopping Sites Seen as Money Laundering Vehicle for Gamblers

FCA Dropped Half of Its Criminal Money Laundering Cases in 2020: FT

Must Read

Deloitte fined record £15m over ‘serious and serial failures’ in Autonomy audit

Leaked EU draft proposes all-encompassing laws for crypto assets

US moves to seize $330m of alleged 1MDB assets held by UK law firm

Suspected arms dealers moved millions in Somali money transfers, report says

US imposes sanctions on Iranian intelligence, Hezbollah-linked targets in Lebanon