Menu Home

FinCEN Issues updated Ransomware Advisory

FinCEN Releases Updated Advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments In connection with a set of actions announced today by the Department of the Treasury and focused on disrupting criminal ransomware actors, the Financial Crimes Enforcement Network (FinCEN) has released an update to […]

HM Treasury issues a High-Risk Country Advisory Notice

HM Treasury Advisory Notice: High-Risk Third Countries Requirement to apply Enhanced Due Diligence for higher risk jurisdictions The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the ‘MLRs’) require the UK regulated sector to apply enhanced customer due diligence in relation to high-risk countries. […]

Canada issues Myanmar-related business guidance

Canada issues advisory on doing business with Myanmar-related entities April 13, 2021 – Ottawa, Ontario – Global Affairs Canada The Government of Canada today issued an advisory for Canadian companies doing business with Myanmar-related entities. The Government of Canada expects Canadian companies active abroad, in any market or country, to […]

October 30, 2020: Sanctions risk in the art market

Art Advisory Release date 10/30/2020 Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this advisory to highlight sanctions risks arising from dealings in high-value artwork associated with persons blocked pursuant to OFAC’s authorities, including persons on OFAC’s List of Specially Designated Nationals and Blocked Persons. […]