Guidance
General License 5 authorizes transactions in PdVSA’s 2020 8.5% bond – after a certain date. Version 5G pushes that date out to October 21st. And the relevant Frequently Asked Question (595) was updated to reflect the change. Links: OFAC Notice General License 5G FAQ 595
Read all 96 pages of it here… there is no apparent revision history, nor are there change markings…. Sorry!
Link: Fact Sheet
Today, the U.S. State, Commerce, Treasury and Homeland Security Departments issued an advisory about the risks of doing business in Hong Kong in the current environment due to the recent actions taken by both the local government and the Chinese government. It highlights a number of heightened risks: operating in […]
The page that houses the Advisory highlights the following: Links: State Department Press Release Xinjiang Supply Chain Business Advisory page Xinjiang Supply Chain Business Advisory
Link: HM Treasury Notice
Link: AUSTRAC Notice
The Central Bank of the UAE has issued 3 AML/CFT guidelines in the last month – the latest for AML and combating not only terrorist financing, but also that of illegal organizations. I’ve provided a link to the AML Laws & Regulations page – that’s where they put these guidelines […]
Links: AUSTRAC Notice AUSTRAC Cuckoo Smurfing Guide AUSTRAC Cuckoo Smurfing Factsheet
Link: OFSI Russia guidance
