On 6 July 2020, the Foreign Secretary laid before Parliament the Global Human Rights Sanctions Regulations 2020 (S.I. 680/2020) (the Regulations). The Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act) and provide for the freezing of funds and economic resources of certain persons, entities […]
Canada takes action following passage of National Security Legislation for Hong Kong July 3, 2020 – Ottawa, Ontario – Global Affairs Canada The Honourable François-Philippe Champagne, Minister of Foreign Affairs, today issued the following statement: “Canada joins the international community in reiterating its serious concern at the passage of national […]
18 Jun 2020 Fraudulent website related to OCBC Wing Hang Bank Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by OCBC Wing Hang Bank Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press […]
HKMA Alert: Fraudulent Bank of Singapore website
18 Jun 2020 Fraudulent website 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 on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is […]
HKMA Alert: Fraudulent ZA Bank website Random thought of the Day: Executive Order 13894 Lloyd’s Register removes class from 10 sanctioned Venezuelan ships World Bank Debarment: Aaron Ingenieros Constructores & Consultores E.I.R.L. World Bank Debarment: Yooshin Engineering Corporation Easy come, easy go: Venezuela removals
Along with the removal of Venezuela General License 37, today, OFAC removed the following entities and vessels from the SDN List: SEAHERO Crude Oil Tanker Bahamas flag; Vessel Registration Identification IMO 9315642 (vessel) [VENEZUELA-EO13850] (Linked To: ADAMANT MARITIME LTD). ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, […]
PRESS RELEASE JULY 1, 2020 World Bank Group Debars Yooshin Engineering Corporation WASHINGTON, July 1, 2020 — The World Bank Group today announced the 13-month debarment of Yooshin Engineering Corporation (“Yooshin”), a general engineering and construction supervision company based in the Republic of Korea, in connection with fraudulent practices as part of […]
PRESS RELEASE JULY 1, 2020 World Bank Group Debars Aaron Ingenieros Constructores & Consultores E.I.R.L. WASHINGTON, July 1, 2020 — The World Bank Group today announced the 15-month debarment of Peru-based Aaron Ingenieros Constructores & Consultores E.I.R.L., a company that provides road freight transport services, in connection with a fraudulent practice as […]
According to Lloyd’s List, Lloyd’s Register had previously “classed” 10 vessels subject to sanctions. Of these, five are owned by Petroleos de Venezuela, SA (PdVSA), the Venezuelan national oil company. The terminology “class” appears to refer to the issuance of a classification certificate, which is required for (according to Wikipedia) […]
