US sanctions on Russia’s OFZ local debt come into force

The US sanctions imposed on April 15 that bar US investors from buying Russian Ministry of Finance ruble-denominated OFZ treasury bills in primary auctions come into force on June 14. The sanctions are the first to target Russian domestic debt, but are seen as largely symbolic,… Read More

Who is a PEP? Malta’s financial intelligence unit lists all government roles

The Financial Intelligence Analysis Unit has published a list of all government jobs whose authority and control on vast amounts of money and influence, qualifies them as political exposed persons (PEPs) The list, drawn up on advice of the National Co-ordinating Committee on Combating Money Laundering and Funding of Terrorism,… Read More

Australia: ClubsNSW threatens to try to force media to hand over emails with pokies whistleblower

New South Wales’ powerful club lobby is considering using the courts to force two journalists to hand over email communications they had with a poker machines whistleblower. ClubsNSW is also demanding that the whistleblower, Troy Stolz, set aside $150,000 from the sale of his house on the Central Coast to… Read More