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European Commission announces an urgent review of its financial assistance for Palestine

by AdrianaAMLP | Oct 9, 2023

The objective of this review is to ensure that no EU funding indirectly enables any terrorist organization to carry out attacks against Israel.

Non-EU countries align with the new EU’s Iran Sanctions Framework

by Jyotsna Bucktowar | Sep 24, 2023

The candidate countries North Macedonia, Montenegro, Albania, Ukraine, Republic of Moldova and Bosnia and Herzegovina, as well as the EFTA countries Iceland, Liechtenstein and Norway, members of the European Economic Area, align themselves with this Council...

EC publishes guidance to help European operators assess sanctions circumvention risks

by Jyotsna Bucktowar | Sep 13, 2023

This guidance note aims at providing a general overview of what EU operators need to do when conducting due diligence in their work, as required by EU law. The European Union has imposed unprecedented restrictive measures in response to Russia’s war of...

Council of the EU sanctions six individuals for engaging in serious human rights violations in Crimea

by Jyotsna Bucktowar | Sep 12, 2023

The individuals listed today include prosecutors and judges active in courts established by Russia’s occupying force in illegally annexed Crimea. They took part in the politically motivated court proceedings against Vladyslav Yesypenko, a journalist who was...

Ukraine creates a database of art linked to sanctions-hit Russians

by Jyotsna Bucktowar | Aug 8, 2023

Corruption agency hopes portal will make it easier for virtuous art market participants to carry out sanctions checks and make it difficult for Russian oligarchs to sell such assets. Western economic sanctions imposed on hundreds of Russian individuals are designed to...
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  • FinCEN withdraws proposed rules that would have imposed certain regulatory requirements on FIs related to certain digital assets

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