Events listed in procedure
Reporting information to OFSI – what to do
ID 26488
The HM Treasury and Office of Financial Sanctions Implementation (OFSI) have published a new version of their UK FINANCIAL SANCTIONS Guidance: Reporting information to OFSI – what to do. This guidance was initially published in 2017 to provide firms with guidance on the reporting to the OFSI as regards suspected (illicit) activities or other actions that mandate such reporting (i.e. transfer from or to ...
Code of Corporate Governance
ID 26485
The Monetary Authority of Singapore (MAS) has published a press release to inform of a revised „Practice Guidance“ to the Code of Corporate Governance. The guidance is aimed at assisting listed firms in Singapore develop adequate and good corporate governance standards within their entities. It supplements the Code of Corporate Governance in that it provides detailed guidance and illustrative examples as to how to ...
SR 23-11
ID 26482
In view of the finalization of the „access rule“ as regards access to FinCEN’s database on beneficial ownership information (BOI) (EventID 24631), several U.S. banking regulators, including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, as well as FinCEN itself have published a joint ...
Financial sanctions targets: list of all asset freeze targets
ID 26473
Following the publication of new sanction measures, a new consolidated version of the list containing the names of ALL parties currently subject to asset freezing measures in the UK as of December 21, 2023 was published by the Office of Financial Sanctions Implementation of the HM Treasury.
Financial sanctions, Russia
ID 26471
The Office of Financial Sanctions Implementation (OFSI) has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities involved in or supportive of Russia’s action to destabilize Ukraine and threatening the sovereignty and independence of the country pursuant to Statutory Instrument SI 2019/855, the „Russia (Sanctions) (EU Exit) Regulations 2019“. Specifically, the OFSI informs that it has updated its ...
Fact Sheet: Beneficial Ownership Information Access and Safeguards Final Rule
ID 26466
In view of the finalization of the „access rule“ as regards access to FinCEN’s database on beneficial ownership information (BOI) (EventID 24631), the Financial Crimes Enforcement Network has published a corresponding fact sheet. The fact sheet outlines the key provisions of the final rule with respect to the following: (1) the background of the final rule and the regulatory framework; (2) recipients that will ...
UK financial sanctions guidance
ID 26458
The HM Treasury’s Office of Financial Sanctions Implementation (OFSI) has updated various guidances as regards (financial) sanctions, including the following: 1. the General guidance for financial sanctions under the Sanctions and Anti-Money Laundering Act 2018 which provides basic information on UK’s financial sanction framework and supports firms in their efforts to comply with current rules and regulations in that regard. It covers numerous issues, ...
Aktualisierte Sanktionsmeldung
ID 26448
Das WBF hat eine Änderung der Verordnung vom 4. März 2022 über Maßnahmen im Zusammenhang mit der Situation in der Ukraine (SR 946.231.176.72) publiziert. Am 20. Dezember 2023 hat das WBF den Anhang 8 der Verordnung geändert und die Anpassungen auf seiner Internetseite publiziert. Die Änderungen traten am 21. Dezember 2023 um 18.00 Uhr in Kraft. Bezüglich Anhang 8 wurden 61 Einträge von Individuen ...
Aktualisierte Sanktionsmeldung
ID 26447
Am 20. Dezember 2023 hat das WBF eine Änderung des Anhangs 5 der Verordnung vom 11. November 2015 über Maßnahmen gegenüber der Islamischen Republik Iran (SR 946.231.143.6) publiziert, und die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Das WBF hat daher die für die Schweiz maßgebliche Sanktionsdatenbank SESAM angepasst und die Anpassung auf seiner Internetseite publiziert. **Die Änderung trat am ...
Aktualisierte Sanktionsmeldung
ID 26446
Das WBF hat eine Änderung des Anhangs 2 der Verordnung vom 22. Juni 2005 über Maßnahmen gegenüber der Demokratischen Republik Kongo (SR 946.231.12) publiziert. Am 25. Oktober 2023 hat das zuständige UNO-Sanktionskomitee die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Die Änderung ist in der Schweiz direkt anwendbar. **Das WBF hat daher am 20. Dezember 2023 die für die Schweiz ...