The UK Government adopted the Global Anti-Corruption Sanctions Regulations 2021 on 26 April 2021. The regime aims to prevent and combat serious corruption, which for the purposes of the regime, comprises bribery or the misappropriation of property involving public officials.
The EU High Representative for Foreign Affairs and Security Policy has proposed a Council Decision and, jointly with the European Commission, a proposal for a Council Regulation introducing a sanctions regime targeting corruption. Press Release, Q&A, Factsheet and Proposal for a Directive of the European Parliament and of the Council on combating corruption by criminal law. The Joint Communication by …
In the past week, OFAC has made additions to its cyber, Lebanon, Global Magnitsky and North Korea sanctions regimes. Cyber One of the world’s largest illicit marketplaces, Genesis Market, was designated by OFAC today for its part in the theft and sale of device credentials and related sensitive information. Genesis is believed to be based in Russia and has a …
The UK today added Shoon Energy Pte Ltd, a company alleged to be profiting from the supply of aviation fuel to the Myanmar Air Force, its Director Khin Phyu Win, and Tun Min Latt, Director of Star Sapphire Trading Company Limited, to its Myanmar sanctions list. The FCDO has said that those listed enable the Myanmar regime to attack civilians, …
The UK has adopted the following changes to its Russia sanctions list (Notice): a duplicate entry for Sergey Borisovich Korolev has been removed; and the statement of reasons for the entry for Alexey Viktorovich Kuzmichev has been updated. The birth date for the entry of Ashraf Said Ahmed Hussein Ali on the anti-corruption sanctions list has been updated. Notice. Update …
In a coordinated action, the UK and US today imposed anti-corruption sanctions on a number of Bulgarian nationals and entities. UK The UK has designated Delyan Peevski, a former Member of Parliament and media mogul, Ilko Zhelyazkov, a former national security official and board member of Bulgaria’s largest state energy company, and Vasil Bozhkov, who is reported to be Bulgaria’s …
Corruption
Cyber-Attacks
Lebanon
North Korea
Venezuela
Burma / Myanmar
Iran
Russia