US Anti-Corruption Unit’s Demise
Will Impact AML ProgramsGetty Images
OFAC Adds Individual to ICC Sanctions List
The Office of Foreign Assets Control of the U.S. Treasury Department issued a notice concerning the addition of Karim Asad Ahmad Khan to the Specially Designated Nationals List pursuant to Executive Order 14203, which imposes sanctions on the International Criminal Court.
HM Treasury Publishes Joint Statement on EU-UK Financial Regulatory Forum
HM Treasury published a joint statement on the third EU-UK Financial Regulatory Forum, which took place in London on Feb. 12, 2025.
UK State Minister Previews Changes to Syria Sanctions Regime
U.K. Minister of State Stephen Doughty issued a statement to Parliament, announcing that the government will revise the Syria sanctions regulations following the collapse of Bashar al-Assad’s regime.
OFSI Amends General License on Oil Price Cap
HM Treasury’s Office of Financial Sanctions Implementation (OFSI) amended Oil Price Cap General Licence – INT/2024/4423849 to reflect the addition of a commodity code for “Premium to Crude.”
In this episode of Financial Crime Matters, Michael Bruno, an AML manager at the U.S. Postal Inspection Service, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss efforts to combat check fraud and money laundering.