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HKMA Website Alert: China CITIC Bank

20 Jun 2022 Website Alert – Fraudulent website related to China CITIC Bank International Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by China CITIC Bank International Limited relating to a fraudulent website, which has been reported to the […]

HKMA Website Alert: Bank of Singapore

20 Jun 2022 Website Alert – Fraudulent websites related to Bank of Singapore Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of Singapore Limited relating to fraudulent websites, which has been reported to the HKMA.  A hyperlink […]

Daily Digest for Friday, July 1, 2022

Former tour company VP pleads to fraud and money laundering Former Police Officer’s Bribery leads him to other side of prison bars Please file your OFAC paperwork! SECO amends 1 North Korea sanctions listing Tradeology blog post about Russia-Ukraine war & exporting FINMA lets Sberbank settle some claims… Reward for […]

Australia adds to its Russia sanctions

Notice of Changes to the Consolidated List – Russia and Ukraine Following registration of the below listed Legislative Instrument made by the Minister for Foreign Affairs, DFAT has updated the Consolidated List: Autonomous Sanctions (Designated Persons and Entities and Declared Persons—Russia and Ukraine) Amendment (No. 18) Instrument 2022. The updated […]

Section 7031(c) designation for former Colombia official

Designation of Former Colombian Senator Luis Alberto Gil Castillo for Involvement in Significant Corruption PRESS STATEMENT NED PRICE, DEPARTMENT SPOKESPERSON JUNE 30, 2022Share The United States is designating former Colombian Senator Luis Alberto Gil Castillo for his involvement in significant corruption.  Gil Castillo solicited and accepted monetary bribes from a subgroup […]

FINMA lets Sberbank settle some claims…

News 01 July 2022  Press release 2022 Sberbank (Switzerland) AG: FINMA partially lifts measures The Swiss Financial Market Supervisory Authority FINMA is enabling Sberbank (Switzerland) AG to settle claims of non-sanctioned creditors. The bank’s improved financial stability and the current situation regarding sanctions are permitting the bank to take this […]

Tradeology blog post about Russia-Ukraine war & exporting

Russia-Ukraine War: Perspectives U.S. Exporters Need to Know June 22, 2022  Evan Johnson and Agnes Pawelkowska are international trade specialists at the International Trade Administration’s Office of Russia, Ukraine, and Eurasia. This post contains external links. Please review our external linking policy. Russia’s latest unprovoked attack on Ukraine, and the Western sanctions […]

SECO amends 1 North Korea sanctions listing

Today, Swiss officials updated the following North Korea sanctions designation: SSID: 150-35456 Name: Pak Chun IlDOB: 28 Jul 1954 Nationality: DPR Korea Identification document: Passport No. 563410091, DPR KoreaJustification: Pak Chun Il has served as the DPRK Ambassador to Egypt and provides support to KOMIDKOMID. He concluded his tour of […]

Please file your OFAC paperwork!

Reminder to file the 2022 Annual Report of Blocked Property Release date 07/01/2022 Body 31 C.F.R. § 501.603 of the Reporting, Procedures and Penalties Regulations (RPPR) requires holders of blocked property to provide the Office of Foreign Assets Control (OFAC) with a comprehensive list of all blocked property held as of […]