What are the key red flags to be aware of when dealing with sanctioned items?
All goods in the Common High Priority List are under trade sanction, meaning handling them is like handling stolen goods. Companies across the supply chain, from logistics to warehouses to shipping, could be breaking the law if they end up involved with these goods that later end up used by Russia, or in fact any […]
New guide: Navigating the Russia-Ukraine War Two Years In
Download your free guide to the latest developments in sanctions on Russia and what your firm needs to do to stay compliant The field of economic sanctions has been growing increasingly complicated in recent years. The past year was a historic and transformative period for the use of financial sanctions on both the global and […]
Sanctions Compliance: A Comprehensive Guide to the 2024 Common High Priority List
Download your free guide to every item under Russian trade sanctions What is the Common High Priority List? The Common High Priority List has been developed by the UK, US, EU and Japan which includes many items found on the battlefield in Ukraine. All these items are under sanction. The list is divided into four […]
On-demand webinar: Global sanctions compliance in 2024
The field of economic sanctions has been growing increasingly complicated in recent years, and the past year was a historic and transformative period for the use of financial sanctions on both the global and UK levels, with Western nations launching an unprecedented line of sanctions against Russia as a result of its invasion of Ukraine […]
Several states have halted UNRWA funding: How can you make sure charitable donations don’t end up in the hands of terrorists?
As more Hamas leaders come under international sanction, their relationship with international aid agencies and charities has come under scrutiny. The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is a UN agency that is meant to provide essential services to Palestinians who fled or were displaced during the […]
$10 million reward for anyone who can answer the question: where is Hamas getting its stolen money from?
Following earlier rounds of US sanctions on Hamas, the US is now offering up to $10 million for information on five Hamas financiers or anything leading to the disruption of the Palestinian terror group’s financial mechanisms, the State Department reported. The five Hamas financial facilitators under this reward offer are named as Abdelbasit Hamza Elhassan […]
EU adopts its 12th package of Sanctions against Russia: Here’s what you need to know
The European Union (EU) recently adopted its 12th package of sanctions against Russia, marking a significant development in response to Russia’s invasion of Ukraine. For companies and businesses operating in the EU, understanding the implications of these sanctions is crucial for maintaining compliance. What’s new in this package, and what does your business need to […]
Japan imposes new sanctions on Hamas members, US sanctions Houthis, and 7 tips for sanctions compliance in 2024
In a significant move, the Japanese government has announced fresh sanctions targeting three senior members of Hamas. Chief Cabinet Secretary Yoshimasa Hayashi revealed on Tuesday that the sanctions would include the freezing of assets and restrictions on payments and capital transactions involving the specified individuals. The decision comes in response to their alleged involvement in […]
Office of Trade Sanctions Implementation coming in 2024
UK government continues laser focus on Russia sanctions with new regulator The success of the Office of Financial Sanctions (OFSI) on cracking down on sanctions breaches by companies has sparked the creation of a new body, due in early 2024. Similar to the operation of the OFSI, the new Office of Trade Sanctions Implementation will […]
Financial sector sanctions alert: UK government issues red alert on Russian sanctions evasion
This Red Alert is published by the UK government and issued by the National Economic Crime Centre (NECC), a multi-agency unit in the National Crime Agency (NCA), HM Treasury’s Office of Financial Sanctions Implementation (OFSI) and the Foreign, Commonwealth & Development Office (FCDO). Who is this alert for? ✅Banks ✅Credit card operators ✅Foreign exchange dealers […]
