https://www.gov.uk/government/publications/money-laundering-and-terrorist-financing-controls-in-overseas-jurisdictions-advisory-notice These publications can all be found on the FATF website at: http://www.fatf-gafi.org/ Further please find attached the link to the current list of designated persons. https://www.gov.uk/government/publications/current-list-of-designated-persons-terrorism-and-terrorist-financing

  Following the weekend’s Crimea referendum, the EU and US have taken further steps (building on those outlined in our previous briefing) to impose targeted sanctions in response to the situation in Ukraine. On 17 March 2014, the EU introduced an asset freeze and travel ban applying to 21 Russian individuals. On the same day, […]

This alert provides an overview of the sanctions that are currently in place as a result of events currently occurring in Ukraine. It covers the EU sanctions which are currently limited to asset freezes on Victor Yanukoviych, other officials of the former Ukrainian government and some of their close relatives and alleged associates. President Obama […]

In November 2013, the P5+1 reached agreement on a Joint Plan of Action (JPoA) to suspend certain sanctions in exchange for Iran rolling back aspects of its nuclear programme. On Monday 20 January 2014, the JPoA came into effect.  The EU enacted Council Regulation 2014/42 (the “Implementing Regulation”), which suspends relevant measures for a six […]

RBS (the Bank) concealed the fact that it was doing business with Iran between 2005 and 2009. Royal Bank of Scotland has agreed a $100m (£61m) settlement with a trio of US regulators for violating sanctions against dealing with Iran, Sudan, Burma and Cuba. The bank yesterday (10 December) reached a settlement with the Board […]

A new deal A joint statement by EU High Representative Catherine Ashton and Iran Foreign Minister Mohammad Javad Zarif reveals a phased plan that will see the gradual easing of sanctions against Iran, should all conditions be met. The EU and E3+3 (China, France, Germany, the Russian Federation, UK and US) met on the weekend […]

An interim agreement to provide limited sanctions relief to Iran has been reached (24 November 2013) with the US, France, Russia, China, UK and Germany. During a six month period, in return for Iran taking several steps to limit the progress of its nuclear programme, certain US and EU economic sanctions on Iran will be […]

HM Treasury has updated its current list of designated persons, Al-Qaida together with the consolidated list of financial targets in the UK. The Treasury has also published a Financial Sanctions Notice  in relation to Regulation (EU) No 943/2013 the effect of these changes is to remove one individual from the asset freeze list. The Zimbabwe Mining […]