sanctions
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U.S. sanctions Ukraine officials over interference in 2020 election
The Trump administration on Monday slapped sanctions on seven Kremlin-linked individuals and four entities for attempting to interfere in the 2020 U.S. presidential election.
The U.S. Treasury Department described the targeted sanctions as the “inner circle” of Ukrainian lawmaker Andrii...
News
U.S. collects $7m in Iranian assets for victims of terrorism
The US government collected $7m in Iranian assets for victims of state-sponsored “terrorism”, the Justice Department said on Tuesday.
The money was the US share of a civil forfeiture that targeted attempts to violate sanctions on Iran with fraudulent transfers of about...
News
U.S. sanctions Venezuelan judge and prosecutor for roles in the trial of Citgo’s former executives
The United States on Wednesday imposed sanctions on a Venezuelan judge and a prosecutor over their roles in the trial of six former executives of U.S. refiner Citgo sentenced to prison by a Venezuelan court last month.
The U.S. Treasury...
Articles
How will Brexit impact sanctions and money laundering rules?
As the UK prepares for a future outside of the EU, one of the areas financial services companies in particular have to consider is sanctions. As of 11pm on the 31st December 2020, the UK will no longer subject to...
Europe
Swiss freeze financial assets of Belarus president Lukashenko
Switzerland has frozen the financial assets of the president of Belarus, Alexander Lukashenko, following the violent aftermath of the elections in the east European country.
Lukashenko and son Viktor are among 15 people banned from entering or travelling through Switzerland,...
Africa
UK sanctions Gambia’s ex-President Yahya Jammeh over human rights abuses
The United Kingdom has slapped sanctions on The Gambia’s former president Yahya Jammeh, as it widened travel bans and economic sanctions for human rights abuses worldwide.
Jammeh, whose election defeat to Adama Barrow in December 2016 forced him to flee,...
News
Berkshire Hathaway to pay $4.1m to settle Iran sanctions violation
Berkshire Hathaway Inc. has agreed to pay roughly $4.1 million to settle allegations that a Turkish subsidiary violated U.S. sanctions on Iran.
The U.S. Treasury Department on Tuesday alleged that Berkshire’s indirect subsidiary—Iscar Kesici Takim Ticareti ve Imalati Limited Sirket—sold cutting tools...
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U.S. judge rules Turkey’s state-run Halkbank must face Iran sanctions case
A U.S. judge on Thursday refused to dismiss an indictment accusing state-owned Turkish lender Halkbank of helping Iran evade American sanctions.
U.S. District Judge Richard Berman in Manhattan rejected Halkbank’s claim that the Foreign Sovereign Immunities Act shielded it from...
Europe
FinCEN Files: Associate of President Putin dodged sanctions through Barclays
One of Vladimir Putin's closest friends may have used Barclays Bank in London to launder money and dodge sanctions, leaked documents suggest.
Billionaire Arkady Rotenberg has known the Russian president since childhood.
Financial restrictions, or sanctions, were imposed on Mr Rotenberg by...
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US sanctions International Criminal Court officials over probe into alleged war crimes
The US has imposed sanctions on senior officials in the International Criminal Court (ICC), including chief prosecutor Fatou Bensouda.
Secretary of State Mike Pompeo accused the court of "illegitimate attempts to subject Americans to its jurisdiction".
The Hague-based ICC is currently...
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Gambino crime family members plead guilty to fraud, tax evasion and other crimes
A slew of admitted mobsters will now be trading their tony Westchester County digs for the bing.
A Gambino captain...