by Jyotsna Bucktowar | Sep 27, 2024
This initiative aims to enhance monitoring capabilities and effectively address the complex and evolving sanctions landscape, particularly in light of geopolitical events. By utilizing AI, the FCA can process vast amounts of data to detect potential violations more...
by Jyotsna Bucktowar | Sep 27, 2024
This guidance focuses on protecting high-priority items from being misappropriated, minimising reputational risks, and enhancing compliance with coordinated export controls. Key elements include identifying items at risk of diversion, recognising red flags for...
by Jyotsna Bucktowar | Sep 22, 2024
Luxembourg CSSF announces a fine of €40,000 on Dock Financial S.A. relating to AML and sanctions compliance failings identified as part of an on-site inspection
by Jyotsna Bucktowar | Sep 20, 2024
Prosecutors allege that new documents show Kerimov’s niece, Alisa Gadzhieva, entered into a loan agreement with the company that owns the yacht, Errigal Marine Limited, and then made two payments to Khudainatov’s holding company, Invest International Finance Ltd,...
by Jyotsna Bucktowar | Sep 19, 2024
The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a network of five entities for enabling illicit payment channels between Russia and North Korea (DPRK). This action aims to disrupt financial schemes supporting the DPRK’s weapons of mass...
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