Statement on inspection in Møns Bank A / S (money laundering area) In February 2020, the Danish Financial Supervisory Authority inspected Møns Bank A / S. The inspection was an investigation of the money laundering area as part of the ongoing supervision of the bank. The inspection included the bank’s organization in […]
Finanstilsynet studies quick-loan companies… and AML OFAC adds to Global Magnitsky sanctions Sanctions take many forms … sometimes, it’s a T-shirt Welcome to the family, Serbia! SECO amends 10 terrorists, 1 terror-related entity I won my bet – times 2! Mr. Watchlist’s DesigNation, Episode 16: Sprechen Sie Settlements?
Time for some quick, kind of snarky commentary on the 2 settlements Deutsche Bank agreed to with OFAC last week. And one of them is basically a rerun of their 2013 action (let’s be kind, and say it’s more of a knock-off). Happy Listening – remember you can find the […]
My guess was that today’s Global Magnitsky designations were for corruption – I guessed well. Here’s the State Department press release for the sanctioned entity: Sanctions on Nabah Ltd. Owned or Controlled by Corrupt Businessman Ashraf Al-Cardinal PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE SEPTEMBER 15, 2020 Share Today, […]
Today, Swiss authorities amended the following individual: SSID: 10-14044 Foreign identifier: QI.A.138.03. Name: Said Ben Abdelhakim Ben Omar Al-Cherif DOB: 25 Jan 1970 POB: Manzil Tmim, Tunisia Low quality a.k.a.: a) Djallal b) Youcef c) Abou Salman d) Said Tmimi Address: Corso Lodi 59, Mailand, Italy Nationality: Tunisia Identification document: […]
U.S. Welcomes Serbia’s Intention to Designate Hizballah as a Terrorist Organization PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE SEPTEMBER 13, 2020 Share Serbia’s announcement that it will designate Hizballah as a terrorist organization in its entirety is another significant step limiting this Iranian backed terrorist group’s ability to operate […]
CBP’s Continued Enforcement Actions To Combat Forced Labor in China PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE SEPTEMBER 14, 2020 Share The Trump Administration has led the world in calling attention to the Chinese Communist Party’s egregious human rights abuses in Xinjiang, and we’ve taken action to back up […]
Today, OFAC added this person: JAMMEH, Zineb Souma Yahya (a.k.a. JAMMEH, Zeinab Zuma; a.k.a. JAMMEH, Zineb Yahya), Equatorial Guinea; DOB 05 Oct 1977; POB Rabat, Morocco; nationality Equatorial Guinea; alt. nationality Morocco; Gender Female (individual) [GLOMAG]. and these entities: NABAH LTD, 7-10 Chandos Street, London W1G 9DQ, United Kingdom; Company […]
Money laundering inspections in quick loan companies In the second half of 2019, the Danish Financial Supervisory Authority conducted cross-cutting investigations in the area of money laundering in a number of quick loan companies. The investigations were part of the ongoing supervision of the financial companies. Purpose and scope of the […]
HKMA Alert: Suspicious ZA Bank mobile app A resource page of scams! EU, OFSI amend 69 Ukraine sovereignty and territorial integrity listings FinCEN requires Anti-Money Laundering Compliance program elements for banks that are not federally regulated Nigeria-related Visa restrictions
