By now, I think you are aware of my experience and expertise in the sanctions realm – and have some sense of my point of view regarding sanctions compliance and its geopolitical ramifications. So, if your firm would like me to come “visit” you via Zoom, Google Meet, WebEx, etc […]
I recorded a new episode last night about Tuesday’s OFAC settlement with Berkshire Hathaway… available everywhere except Pandora (AFAIK) and Radio.com (ditto). If you listen via one of the subscription services, please post a review. Otherwise, I have no idea of what I’m providing meets your needs or not. Thanks!
Statement on inspection at Kreditbanken (money laundering area) In January 2020, the Danish Financial Supervisory Authority inspected Kreditbanken A / S. The inspection was an investigation of the money laundering area as part of the ongoing supervision of the bank. The inspection included the bank’s policies, procedures and internal controls. In addition, the […]
Finanstilsynet Inspection Report: Capital Four Management Fondsmæglerselskab A/S New Nord Stream 2-related guidance from State Occasionally, the media gets it wrong… Additional Foreign Mission Designations
Designation of Additional PRC Propaganda Outlets as Foreign Missions PRESS STATEMENT MORGAN ORTAGUS, DEPARTMENT SPOKESPERSON OCTOBER 21, 2020 Share Over the past decade, and particularly under General Secretary Xi Jinping’s tenure, the Chinese Communist Party (CCP) has asserted greater control over China’s state-backed propaganda outlets while trying to disguise them […]
ALERTS Clarification on Paymentology 21 Oct 2020 The DFSA notes several recent news articles stating that the DFSA has issued a financial services license to a company named “Paymentology.” These articles are not correct. Paymentology is not, and never has been, a DFSA Authorised Firm. To ascertain whether a firm […]
Not announced with a press release – i had to find this in press reports… The Department of State is committed to fully implementing sanctions authorities in the Protecting Europe’s Energy Security Act of 2019 (“PEESA” or “the Act,” Title LXXV, National Defense Authorization Act for Fiscal Year 2020, Pub. […]
Statement on inspection in Capital Four Management Fondsmæglerselskab A / S (money laundering area) In September 2020, the Danish Financial Supervisory Authority inspected Capital Four Management Fondsmæglerselskab A / S. The inspection was an investigation of the money laundering area. The inspection included the company’s customer knowledge procedures as well as monitoring […]
HKMA Alert: Fraudulent Union Bancaire Privee website FinCEN! Files! Ho! Hum! EU, OFSI amend 5 DRC sanctions listings Even Warren Buffet is not beyond OFAC’s reach…
Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Berkshire Hathaway, Inc. Release date 10/20/2020 Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $4,144,651 settlement with Berkshire Hathaway, Inc. (“Berkshire”), a multinational conglomerate holding company based […]
UK regulators amended the Democratic Republic of the Congo sanctions listings for the following 2 persons: 1. SHEKA, Ntabo Ntaberi DOB: 04/04/1976. POB: Walikale, Walikalele Territory, Democratic Republic of the Congo Nationality: Congolese Democratic Republic of the Congo Address: Goma, North Kivu, Democratic Republic of the Congo (in prison) Position: […]
