Changes to sanctions lists: sample data The structure and the format of the UK Sanctions List will be changing in February 2022. OFSI’s consolidated list will also be changing to align with the UK Sanctions List. FCDO has updated the UK Sanctions List page with sample data for each new format of the […]
Changes to sanctions lists: updated guidance The structure and the format of the UK Sanctions List will be changing in February 2022. OFSI’s consolidated list will also be changing to align with the UK Sanctions List. FCDO has updated the published guidance with more information about when these changes will be taking place and how to […]
A similar notice was issued for the Stored Value Facility (SVF) sector… 11 August 2021 The Chief Executive All Authorized Institutions Dear Sir / Madam, Supporting the Use of New Technologies for AML/CFT: Suggested Actions for the Hong Kong Banking Sector I am writing to update Authorized Institutions (AIs) regarding […]
Sanctions List Search Upgrade Release date 01/25/2021 Body OFAC has upgraded its sanctions list search tool with fuzzy logic that is more resource efficient. The new fuzzy logic is intended to improve the performance of Sanctions List Search and make it more responsive. As a result of the new logic, users may […]
Important Technical Notice for Users of the OFAC Website and Sanctions List Data Files 6/22/2020 The US Department of Treasury is initiating the annual renewal of the public certificate securing http://www.treasury.gov website, including OFAC sanctions list downloads. The existing certificate (expiring July 10, 2020) will be replaced on June 25, 2020 […]
Today, OFAC added the following companies: ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 5869890 [VENEZUELA-EO13850]. AFRANAV MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 6063849 [VENEZUELA-EO13850]. SANIBEL SHIPTRADE […]
Read my latest piece on matching technologies here at Money Laundering Bulletin. It’ll be in the February print issue, but it’s online now. Mind you, I’m not the most technical when it comes to this, but I wasn’t trying to write a treatise – just trying to lay out the […]
Published on 16 October 2019 In the financial services industry, the application of machine learning (ML) methods has the potential to improve outcomes for both businesses and consumers. In recent years, improved software and hardware as well as increasing volumes of data have accelerated the pace of ML development. The […]
OFSI to update consolidated list links In 3 weeks time, OFSI will launch a new consolidated list, the system it uses to publish the details of individuals and entities subject to financial sanctions. The consolidated list extracts will have updated links on the gov.uk website. It is important that any bookmarks to the old links for each […]
Important technical notice for users of OFAC’s Sanctions List Data Files 3/20/2019 In early February of 2019, multiple users of OFAC’s data files contacted OFAC’s technical support hotline to report difficulty in downloading sanctions list data files hosted at this URL: https://www.treasury.gov/ofac/downloads/. After investigating the issue, the Treasury Department discovered […]
Mr. Watchlist 