Sanctions
Sanctions is legal restrictions on dealings with specified countries, sectors, entities, vessels or individuals.
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Financial Services
Hong Kong Gazettes Updated UN Sanctions Measures on Haiti and Yemen
Hong Kong has brought updated United Nations sanctions measures on Haiti and Yemen into effect, with the Customs and Excise Department issuing fresh compliance circulars…
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Compliance Practice
UK Financial Firms Improve Sanctions Controls, but Screening and Alert-Management Gaps Remain
UK financial firms have strengthened their sanctions controls since 2022, but weaknesses in customer due diligence, screening, alert handling and frozen-asset management continue to cause…
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Financial Crime
FinCEN Issues Red Flags on IRGC Oil-Sale Networks, Front Companies and Digital Assets
FinCEN has issued a new alert describing how Iran’s Islamic Revolutionary Guard Corps uses oil sales, front companies, financial facilitators and digital assets to evade…
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