U.S. puts off sanctions on Serbia’s NIS until June 27
The U.S. Treasury Department has postponed enforcement of sanctions against Serbia’s Russian-controlled sole oil refiner NIS by two months, until June 27, NIS said. “NIS is grateful to the Government of the Republic of Serbia and all other domestic and foreign institutions that supported the request sent to the U.S. Treasury Department,” the company said […]
Major Dutch shipyard suspected of breaching Russian sanctions
Dutch authorities have initiated criminal proceedings against the nation’s largest shipbuilder, Damen Shipyards, for allegedly violating Russian sanctions established after the invasion of Ukraine. According to The Brussels Times, located in Gorinchem near the Port of Rotterdam, Damen Shipyards is under investigation for corruption, forgery, and money laundering, as well as for breaking sanctions tied […]
UK lifts sanctions on dozen Syrian government bodies
The United Kingdom has removed its sanctions on 12 Syrian government entities, including the Ministries of Defence and Interior and the General Intelligence Directorate. This move comes four months after the Hayat Tahrir al-Sham (HTS) armed group led opposition groups in ousting President Bashar al-Assad following more than 13 years of war. The entities removed […]
Russia blacklists 21 UK lawmakers over sanctions, anti-Moscow rhetoric
Foreign Ministry of Russia says move comes in the wake of hostile remarks from British parliamentarians, including calls to seize frozen Russian assets Russia announced that it has blacklisted 21 British lawmakers in retaliation for the UK’s ongoing sanctions and rhetoric against Moscow. In an official statement, the Foreign Ministry described London’s policy toward Russia […]
USA imposes sanctions against Bank of Yemen for supporting Houthis
The Trump administration announced sanctions against the International Bank of Yemen Y.S.C. (IBY) on Thursday for its financial support of Houthi terrorists. Along with the bank, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning key leaders of IBY, like its Chairman of the Board of Directors Kamal Hussain Al […]
Ukraine bans China’s firms because of helping Russia
Ukraine imposed sanctions on three Chinese companies, claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had been supplying weapons to Russia. Zelenskiy’s administration published an updated list of sanctioned entities. The list, which also includes Russian companies, named Beijing Aviation And Aerospace Xianghui Technology […]
UAE sanctions bank for failing to comply with anti-money laundering policies
The Central Bank of the UAE (CBUAE) has imposed a financial sanction on a bank operating in the country for failing to comply with policies and procedures related to anti-money laundering and combating the financing of terrorism and illegal organisations. The penalty comes pursuant to Article (14) of the Federal Decree Law No. (20) of […]
US imposes sanctions on Chinese refinery accused of buying Iranian oil
The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Officials also announced that several companies and vessels involved in the shipments were added to the sanctions list. The new penalties were imposed by the Office of Foreign Assets Control […]
China imposes Hong Kong sanctions on US congressmen
A spokesman for China’s Ministry of Foreign Affairs said “Any wrongful actions taken by the United States side on Hong Kong-related issues will be met with China’s resolute retaliation and reciprocal countermeasures.” China will apply tit-for-tat sanctions on US Congress members, officials, and heads of non-governmental organisations Beijing said had ‘acted egregiously’ on Hong Kong-related […]
Three individuals added to EU sanctions list for malicious cyber activities against Estonia
The European Council adopted additional restrictive measures against three Russian individuals responsible for a series of cyberattacks carried out against the Republic of Estonia in 2020. The individuals listed are officers of the General Staff of the Armed Forces of the Russian Federation (GRU) Unit 29155. The cyber-attacks granted attackers unauthorized access to non-public information […]