The Australian Sanctions Office (ASO) is pleased to invite you to the Sanctions Virtual Information Session on 29 April, 2021. As an overview, this session will aim to cover: an introduction to the sanctions regimes that the ASO implements under Australia’s sanctions laws and an explanation of some of the […]
We’re going to have an open discussion about OFAC’s settlement with UniControl, and whether their expectation of the firm was really fair, or just a way to set a general expectation for those like us who read this stuff… Join us here – if you have an iPhone, but aren’t […]
I was at the ACAMS Sanctions Space Summit the last two days, so I still have to post yesterday’s OFAC Kingpin changes, and the update from SECO. As for the conference, all in all, it wasn’t bad… some really bad technical problems in a lot of sessions, and smaller, less […]
An introduction from new OFSI director Giles Thomson Posted by: Giles Thomson, Posted on: 4 February 2021 – Categories: Financial sanctions, Implementation, UK A belated Happy New Year. I wanted to write this blog as an opportunity to introduce myself and talk a bit about OFSI in 2021. I took over as OFSI Director from Rena […]
FinCEN Statement on Financial Crimes Tech Symposium Immediate Release February 04, 2021 Section 6211 of the Anti-Money Laundering Act of 2020 (the “AML Act”) requires the Department of the Treasury to periodically convene a global anti-money laundering and financial crime symposium focused on how new technology can be used to […]
New article published on MoneyLaunderingBulleting.com (will be in the February print edition) about how to ask the right questions when designing or selecting text matching software. The title? Matching‽ Link: Matching‽
Get ready for the end of the transition period Posted by: OFSI, Posted on: 1 December 2020 – Categories: Compliance, Financial sanctions, Financial sanctions regime, Implementation, UK From 11:00pm on 31 December 2020, there will be changes to the UK’s sanctions framework. After the transition period ends, the UK will no longer apply EU sanctions regulations and all sanctions […]
For those of you in the U.S. (or U.S. ex-pats abroad), Mr. & Mrs. Watchlist wish you all a happy, safe, Thanksgiving. I know it stinks not to have a family gathering in person (we’re doing ours on Zoom), but it beats it being the last one you have. Let’s […]
Dear Notice To Exporter subscribers I hope you have seen Notice to Exporters 2020/14 about actions to take to register for the EU Dual Use Open General Export Licence in preparation for the end of the EU transition period. In addition, as part of the changes to the UK’s sanctions framework, existing EU sanctions […]
UK sanctions policy and compliance after the transition period As part of the changes to the UK’s sanctions framework, existing EU sanctions regimes are being transitioned into UK law through regulations made under the Sanctions and Anti-Money Laundering Act 2018. EU sanctions will no longer apply in the UK from 11pm […]
