In one of its most significant sanctions actions to date, the US treasury’s Office of Foreign Assets Control (OFAC) has designated over a dozen more Russian banks and financial institutions and announced a new determination targeting Russia’s metals and mining… Read More ›
Liberia and Sierra Leone have endorsed a joint communiqué signalling their intent to cooperate to introduce tighter controls on their shared borders to ensure transparent currency declarations and curb illicit and illegal cross-border activities, including trade-based money laundering (TBML) and… Read More ›
A new Partnership to Tackle Illicit Financial Flows (PTIFF) has been launched by the UK and the UAE. The partnership will focus on targeting organised crime and those financing terrorism. Strategic aims The PTIFF aims to ensure that the UAE… Read More ›
Traders in precious stones and metals, works of art, and businesses storing, trading or acting as intermediaries in the trade of works of art in free zones or customs warehouses are specifically contemplated in proposals disclosed yesterday by the European… Read More ›