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...
sub-charterers, cargo interests (e.g. shippers, receivers, consignees, buyers and sellers), port operators, bunker suppliers or local agents, etc are named on the relevant sanctions list(s) or are owned and/or controlled by entities named on the sanctions list(s). ...
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...
The EU Commission has updated its Russia sanctions FAQs on export related restrictions for dual use goods and advanced technologies. In particular the FAQs list the partner countries (the U.S., Japan, the United Kingdom, South Korea, Australia, Canada, New Zealand, Norway, Switzerland, Liechtens...
For a comprehensive list of EU Sustainable Finance instruments, cf. Table2.1. 3. A different approach for the categorization of Sustainable Finance instruments was taken by Busch et al. by drawing out five broad categories: “Public incentives, standardization, disclosure, corporate governance and fi...
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...
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...
UK Sanctions Asset freezes Foreign Secretary Liz Truss announced on 28 February 2022 that the Russian banks VEB, Bank Otkritie Financial Corporation PJSC and PJSC Sovocombank were added to the UK's list of designated persons. More asset freezes are likely to come in the near futu...
Stephane Boujnah, chief executive of Euronext, told the Financial Times that plans for a consolidated live database of stock and bond prices trading across Europe could create a wealth of trading opportunities for bigger firms with greater reach, while harming smaller investors by leaving them ...
While they often operate outside the legal framework, the EU operates in a deeply legalized environment where long-lasting procedures are rather avoiding sanctions against member states. Informal exercise of power has a profound negative impact on democracy by further undermining trust in democratic ...