Sanctions evasion using crypto still debated, as regulators issue guidance and experts voice opposing opinions.
Russia’s ability to evade sanctions via virtual assets remain debated, amid governments and regulators highlighting the risk in recently published guidance material, warnings from politicians and alarming news of Russians seeking liquidation of crypto assets offshore.
EU Members of Parliament call for a ban on “golden passports” and visas.
MEPs demanded the Commission to draft a legislative proposal to forbid the sale of European citizenship, a ban on “Golden Passports” and visas.
UK property agencies next in line for possible HMRC crackdowns.
Accelerated efforts to choke out Russian stolen wealth migrating to London will prompt increased focus and crackdowns on the real estate agencies, experts predict.
The Treasury targets key Russian disinformation networks, oligarch assets.
The U.S. Treasury “intensifies pressure” on Russia targeting oligarchs, their assets and disinformation channels operating under Russian intelligence.
Chinese government imposes sanctions against Lockheed Martin, Raytheon, over military sales to Taiwan.
The Chinese government adds Lockheed Martin Corporation and Raytheon Technologies into its sanctions list under the Chinese anti-foreign sanctions law, over an arms deal to upgrade Taiwan’s Patriot missile systems.
Ericsson CEO admits firm may have paid ISIS, company shares plummet.
Ericsson CEO Börje Ekholm admits that the company may have made payments to terrorist organisations to gain access to transport routes in Iraq.
N26 at regulatory crosshairs again, for fraudulent accounts.
Four managers of online bank N26 are under investigation by public prosecutors, says German financial paper Handelsblatt.
China “shows no mercy”, arrests former regulator on bribery charges.
Former Deputy Chairman who retired in 2013 became the latest in the row of prosecuted former officials, showing the country’s determination to root out corruption.
The Treasury sanctions Burmese Officials and Regime and Military-affiliated entities a year after the military coup
The U.S. Treasury Office of Foreign Assets Control (OFAC) sanctioned seven individuals and two entities affiliated with the Burmese government or the military a year after the coup that established a brutal military regime.
UK revokes clearance for Belarus aircraft to land at airports.
The UK directs its airport operators to refuse clearance for Belarussian aircraft to land at UK airports.