Events listed in United States
Financial Action Task Force Suspends the Membership of the Russian Federation, and ...
ID 22201
The Financial Crimes Enforcement Network (FinCEN) has published a press release relating to the recent statements by the Financial Action Task Force (FATF) regarding jurisdictions with Anti-Money Laundering (AML) and Combating the Financing of Terrorism and Counter-Proliferation (CFT) deficiencies. Specifically, FATF announced the following re-classification of jurisdictions in accordance with their deficiencies: (1) Jurisdictions Under Increased Monitoring (Grey List): Cambo ...
U.S. Department of the Treasury Releases Greenbook, Outlining Tax Proposals to ...
ID 22196
On March 9, 2023, the U.S. Department of the Treasury has released the most recent so-called Green Book which summarizes the Fiscal Year 2024 revenue proposals of the Biden administration. The Green Book typically serves as a guidepost for U.S. legislators in their legislative activities concerning taxation of individuals, corporations, and other businesses. This year’s Green Book includes revenue (or tax) proposals with the ...
Iran-related Designations; Non-Proliferation Designations
ID 22193
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures in connection with sanctions imposed on the Russian Federation and on Iran. Specifically, the Office added one individual and 39 entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations 31 CFR Part 544, Executive Order 13846, and [*Executive ...
Iran-related Designations; Russia-related Designation Removal; Ukraine-related ...
ID 22178
The Office of Foreign Assets Control (OFAC) has published a press release informing about new sanction measures. Specifically, the Office added numerous individuals and entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (Executive Order 13553) for their support of or engagement in violence against women in Iran. Concurrently, OFAC has taken off several entities from ...
Global Magnitsky Designations; Russia-related Designations
ID 22123
The Office of Foreign Assets Control (OFAC) has published a press release informing about new sanction measures. Specifically, the Office added six individuals to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (Executive Order 13818 and Executive Order 14024) for their engagement in human rights violations or their support of the Russian Federation in its war against ...
Publication of Tri-Seal Compliance Note: Cracking Down on Third-Party ...
ID 22117
The Office of Foreign Assets Control, OFAC, has published a press release to inform of the publication of a so-called Tri-Seal Compliance Note which was drawn up jointly by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the U.S. Department of Justice (DOJ), and OFAC itself to alert of ongoing attempts of entities, bodies, and individuals on the circumvention of export ...
SR-FINRA-2023-003
ID 22113
The Financial Industry Regulatory Authority, FINRA, has published on its website a proposal to revise several of its rules primarily for „clean-up“ purposes, that is for the removal of duplicate requirements in various regulations or redundant regulations. FINRA thereby proposes to modify or repeal (1) FINRA Rule 4590 relating to clock synchronization requirements of FINRA member firms for the recording of securities transactions. Such ...
Counter Narcotics and Iran-related Designations; Russia-related Designations ...
ID 22096
The Office of Foreign Assets Control (OFAC) has published a press release informing about new sanction measures. Specifically, the Office added several entities and related vessels to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (Executive Order 13846 and Executive Order 14059) for their engagement in timeshare fraud in Mexico, among others. Eight of the firms are ...
North Korea Designations
ID 22092
The Office of Foreign Assets Control (OFAC) has published a press release informing about new sanction measures. Specifically, the Office added two individuals and three entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations, namely Executive Order 13810. The parties are sanctioned due to them being entities and persons of the Democratic People’s Republic of Korea ...
Fee Rate Advisory #3 for Fiscal Year 2023
ID 22081
The U.S. Securities and Exchange Commission has published its third Fee Rate Advisory for the current fiscal year. The fee rates are determined annually and reassessed during the year to ensure that transaction fees paid on securities transactions including derivatives cover the funding needs of the Commission. In this latest advisory, the SEC announces that it will leave all fees as they are which ...