January 20, 2025 2024 Statistics (Monthly) FSRC Nevis Monthly Statistical Bulletin – December 2024 Previous Post EU Consolidated Financial Sanctions List Next Post OFAC Specially Designated Nationals and Blocked Persons List – June 20th 2023Archive...
The EU Commission has updated its Russia sanctions FAQs on Oblasts. The FAQs explain how operators assess which areas in the Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts are subject to restrictions (see FAQ 1), and the restrictions and conditions on banks processing financial transactions ...
The consolidated list of asset freeze targets designated under UN and UK financial sanctions can be foundhere. The current list of asset freeze targets designated under US sanctions (the SDN list) can be foundhere. These lists are amended on an ongoing basis with little or no prior notice so...
Sir Bryan Nicholson, ‘The role of the regulator’ in Ken Rushton (ed),The Business Case for Corporate Governance(Cambridge University Press, Cambridge 2008) 103–106; Keith Johnstone and Will Chalk, ‘What Sanctions are Necessary?’ in Ken Rushton (ed),The Business Case for Corporate Governanc...
Additionally, it transpired in 2023 that the sanctions screening system used by Starling screened new and existing customers against only part of theconsolidated listmaintained by the Office of Financial Sanctions Implementation (OFSI). Starling cooperated with the FCA and has both rectified these bre...
To come: Further financial sanctions, export controls and other measures In addition, the Foreign Secretary provided some further detail on the two new pieces of sanctions legislation that would be laid before Parliament shortly: The first introduces new authority in relation to Russia...
or a fiscal approach by using the EU’s public financial resources. This chapter also sheds light on current EU regulatory processes, which are set to be introduced or materialize in the upcoming years. This includes proposals for further Sustainable Finance regulation voiced by working groups and...
We expect litigation and supervisory sanctions to continue as more stringent sustainability regulations emerge, clarifying and increasing the obligation on companies to be transparent and accountable. In response companies may be tempted to stop making any environmental claims. But remaining silent may incr...
5. UK — Sanctions and AML FCA and the Office of Financial Sanctions Implementation (OFSI) enter into an information-sharing agreement On 1 December 2023, the FCA published a Memorandum of Understanding (MoU) that it has entered into with the OFSI, effective 21 November 2023. This MoU r...
Investor fails to comply with the EU Investor Requirements as described above, it may be subject (where applicable) to an additional regulatory capital charge with respect to any securitisation position acquired by it or on its behalf, and it may be subject to other regulatory sanctions. ...