Reported by NORA GÁMEZ TORRES and ANTONIO DELGADO The Biden administration had agreed to lift sanctions on Venezuela and promised the return of normal relations if the opposition could participate in competitive presidential elections, according to a deal secretly signed in Qatar last year that leader Nicolas Maduro made public on social media. Maduro published the […]
Reported by Mengqi Sun State Street has agreed to pay about $7.5 million to settle allegations a subsidiary of the financial-services firm received payments and redacted invoices from two Russian entities that faced U.S. sanctions restrictions. The subsidiary, Charles River Development, a financial technology company specializing in software for communicating trading information, allegedly altered the […]
Reported by James Pomfret and Michael Martina Semiconductors and other restricted goods shipped through China and Hong Kong to fuel Russia’s war effort fell by a fifth this year previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global sanctions evasion hotspot. Transshipments through Hong Kong of Common High Priority Items (CHPL) — advanced […]
Reported by Camilla Hodgson and Yasemin Craggs Mersinoglu An ex-employee has alleged that Amazon breached UK sanctions by providing Moscow with its facial recognition technology after Russia’s full-scale invasion of Ukraine. The allegation forms part of evidence presented by Charles Forrest in a claim he brought against his former employer, Amazon Web Services, which the company is […]
Reported by Scilla Alecci A former Standard Chartered Bank executive said in a new court filing that U.S. authorities either overlooked or concealed crucial evidence showing the bank conducted many more transactions with sanctioned Iranian entities and terror groups than it admitted to when settling a criminal case in 2012. Julian Knight, who headed a […]
Reported by Richard J. Gibbon Of Squire Patton Boggs (US) LLP – Global Investigations And Compliance Review Updated OFAC Guidance on Implementation of the Price Cap Policy On December 20, 2023, OFAC updated its Guidance on the implementation of the price cap policy that was first issued on February 3, 2023.[2] In addition to clarifying details of the price cap policy, […]
Reported by Rebecca Redlich Kuala Lumpur is once again displaying its willingness to facilitate Iran’s illicit activity, support Hamas, and amplify anti-Israel rhetoric well beyond what its neighbors have countenanced. Malaysia has a long history of anti-Israel policies, and the Gaza war has opened the door for it to escalate this approach. On December 20, […]
Reported by NovaSphere Do you know what the black market oil trade looks like for Iran? Despite sanctions, Iran still sells oil to buyers from Pakistan along the beach by their border where a plethora of small Toyota trucks are used for transport. Watch short video by NovaSphere.
Reported by MATT BURGESS For almost a decade, Nick Roy has been scanning North Korea’s tiny internet presence, spotting new websites coming online and providing a glimpse of the Hermit Kingdoms’ digital life. However, at the end of last year, the cybersecurity researcher and DPRK bloggerstumbled across something new: signs North Koreans are working on major international TV shows. In December, Roy […]
Reported by Mostafa Aslani A recent investigative report by French weekly Le Point, titled “Iran, Colombia, Lebanon, France… Hezbollah’s Billions,” exposes the expansion of the Iranian-backed militia’s financial resources. The report details Hezbollah’s involvement in drug trafficking and money laundering across several countries. Drug Trade as a Funding Source Le Point alleges that Hezbollah’s drug trafficking […]
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