19 May 2020 Fraudulent website related to Shanghai Commercial Bank Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Shanghai Commercial Bank Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is […]
So, apparently 2 Greek-owned, Liberia-flagged ships carrying Iranian oil to Venezuela changed their minds and turned back (I assume after the US said “I see you”). It should be noted that they knew what they were doing was going to annoy Washington – they apparently turned off their AIS transponders […]
So, should be pretty embarrassing for the countries from which Foreign Trade Bank was able to secure funds for North Korea, huh? You think maybe the U.S. will have some nice quiet chats with these nations? After all, Foreign Trade Bank was sanctioned by the United Nations under Resolution 2371 […]
SFC reprimands and fines Southwest Securities (HK) Brokerage Limited $5 million for breaches of anti-money laundering regulatory requirements 18 May 2020 The Securities and Futures Commission (SFC) has reprimanded and fined Southwest Securities (HK) Brokerage Limited (SSBL) $5 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) […]
Syria: Sanctions against the regime extended by one year The Council today extended EU restrictive measures against the Syrian regime for one additional year, until 1 June 2021. In line with the EU strategy on Syria, the EU decided to maintain its restrictive measures against the Syrian regime and its supporters, as the repressionof […]
Briefing on Keeping the World Safe From Iran’s Nuclear Program SPECIAL BRIEFING BRIAN H. HOOK, SPECIAL REPRESENTATIVE FOR IRAN AND SENIOR POLICY ADVISOR TO THE SECRETARY OF STATE DR. CHRISTOPHER ASHLEY FORD, ASSISTANT SECRETARYBUREAU OF INTERNATIONAL SECURITY AND NONPROLIFERATION VIA TELECONFERENCE MAY 27, 2020 Share MS ORTAGUS: Thank you so […]
Yesterday, OFAC designated the following two persons: AGHA’I, Majid (a.k.a. AGHAEI, Majid), Iran; DOB 13 Apr 1984; POB Ghom, Iran; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Gender Male; National ID No. 1199310281 (Iran) (individual) [NPWMD] [IFSR]. SAZGAR, Amjad, Iran; DOB 16 Apr 1979; POB Babol, Iran; nationality Iran; […]
14 May 2020 Suspected fraudulent website : https://dinosaurciti.com/ The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong to a suspected fraudulent website with the domain name https://dinosaurciti.com/. The website is operated by an alleged Dinosaurciti Bank. The public should be aware that Dinosaurciti […]
That’s the subject of my new article for Regulation Asia – Humanitarian Trade with North Korea: A Matter of Trust. It’s not just finding a government that will provide a clearinghouse for the transactions and the associated due diligence and reporting – it’s navigating the geopolitics, too. Let me know […]
Dubai Financial Services Authority to host RegTech Live event 27 May 2020 The Dubai Financial Services Authority (DFSA) will be hosting a virtual event on the 2nd and 3rd of June. The event, RegTech Live: Driving Compliance Through Innovation, will be held in partnership with the Dubai International Financial Centre Authority […]
