North Korea says rejects new sanctions, to continue nuclear program
5th June 2017
North Korea says rejects new sanctions, to continue nuclear program
North Korea “fully rejects” the latest U.N sanctions against its citizens and entities as a “hostile act” and will continue its nuclear weapons development without a delay, its foreign ministry spokesman said on Sunday. The U.N. Security Council on Friday expanded targeted sanctions against North Korea after its repeated missile… Read More
UN’s North Korea sanctions monitors hit by ‘sustained’ cyber attack
23rd May 2017
UN’s North Korea sanctions monitors hit by ‘sustained’ cyber attack
United Nations experts investigating violations of sanctions on North Korea have suffered a “sustained” cyber attack by unknown hackers with “very detailed insight” into their work, according to an email warning seen by Reuters on Monday. The hackers eventually breached the computer of one of the experts on May 8,… Read More
UN Security Council considering new N.Korea sanctions
17th May 2017
UN Security Council considering new N.Korea sanctions
France’s UN ambassador says Security Council members are working on a resolution that would impose new sanctions against North Korea and strengthen enforcement of existing sanctions. Francois Delattre told reporters Monday that France favors “a strong, swift and firm reaction of the council” to North Korea’s test on Sunday of… Read More
North Korea tests new long-range ballistic rocket amid UN sanctions
15th May 2017
North Korea tests new long-range ballistic rocket amid UN sanctions
North Korea’s latest missile launch was a successful test of a new type of rocket, Pyongyang’s state media reported. Yesterday’s launch was a “newly-developed mid/long- range strategic ballistic rocket, Hwasong-12”, the official KCNA news agency said, adding that leader Kim Jong-Un “personally oversaw the test-launch of the new type of rocket”. The isolated… Read More
U.N. sanctions on North Korea currently in force
20th April 2017
U.N. sanctions on North Korea currently in force
The United Nations Security Council has issued a wide range of sanctions against North Korea, including entities and individuals in the reclusive country, for pursuing nuclear and ballistic missile programs in defiance of U.N. resolutions. The United States, Japan and South Korea have also issued… Read More
World Bank debars Denmark engineering firm for Vietnam, Indonesia bribes
14th April 2017
World Bank debars Denmark engineering firm for Vietnam, Indonesia bribes
The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing Director was also debarred for three and a half years. The World Bank’s Integrity Vice Presidency said in a statement that it found evidence that Denmark-based Consia “made payments to… Read More
Hong Kong: Disclosure rules won’t slow money-laundering wheels
3rd April 2017
Hong Kong: Disclosure rules won’t slow money-laundering wheels
Effective immediately, [HSBC] retail customers must disclose how their accounts are used, in addition to providing their address, contact details, employment and income history, to qualify for an HSBC account… Global banks … have been stepping up their financial control systems to comply with US and European regulations… Read More
Sanctions have failed to stop North Korea’s nuclear program, U.N. report says
7th March 2017
Sanctions have failed to stop North Korea’s nuclear program, U.N. report says
International sanctions on North Korea have largely failed to curb the country’s expansion of its military and nuclear program or significantly decrease revenues it earns from exports of arms and minerals, according to a comprehensive sanctions report by the United Nations. Read More
UN report shows North Korea using Africa to slip sanctions
6th March 2017
UN report shows North Korea using Africa to slip sanctions
North Korean weapons barred by U.N. sanctions ended up in the hands of U.N. peacekeepers in Africa, a confidential report says. Read More
U.N. to vote Tuesday on Syria sanctions despite Russia veto pledge
28th February 2017
U.N. to vote Tuesday on Syria sanctions despite Russia veto pledge
The U.N. Security Council is set to vote on Tuesday on a bid by Western powers to ban the supply of helicopters to the Syrian government and to blacklist Syrian military commanders over accusations of toxic gas attacks, despite a pledge by Russia to veto the move. Read More
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