by AdrianaAMLP | Mar 27, 2024
The UK Government has announced a full asset freeze against two individuals suspected of providing financial support for Gaza Now – a news agency that promotes the Hamas and Palestinian Islamic Jihad terrorist groups.
by Jyotsna Bucktowar | Mar 27, 2024
OFAC designated two individuals and three entities as key financial facilitators involved in fundraising for Hamas. In the wake of the Oct 7, 2023 terrorist attack perpetrated by Hamas against Israel, Gaza Now engaged in fundraising efforts to support Hamas. Gaza Now...
by AdrianaAMLP | Feb 28, 2024
The maritime shipping industry is crucial for global trade and growth, linking countries and economies worldwide. However, because of its global reach, it faces unique challenges with financial sanctions. To help businesses navigate these complexities and ensure...
by Jyotsna Bucktowar | Dec 27, 2023
The amendment prohibits UK banks from processing payments that have been previously processed by a designated bank, or are intended for a designated bank. These transactions are prohibited even if the account holders that send and receive the funds are not designated,...
by Jyotsna Bucktowar | Dec 16, 2023
OTSI is a strategic move by the UK Govt to tighten the screws on companies evading Russian sanctions, further strengthening the UK’s sanctions system. OTSI is set to launch in early 2024 and will sit alongside the OFSI…
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