Midweek Roundup: US, Canadian Officials Seek Asset Forfeiture Changes, China UnionPay Snubs Russian Banks, and More

The U.S. and Canadian federal governments want to amend asset forfeiture laws to allow them to transfer some of the assets confiscated from blacklisted Russian nationals to Ukraine, Voice of America and CBC reported. More and more Poland's deputy foreign minister told the Financial Times that the EU should agree on new powers that would allow the bloc to permanently seize assets owned by blacklisted Russian parties and sell them off to fund efforts to rebuild war-torn Ukraine. More Chinese financial services provider UnionPay has suspended negotiations with Russian banks on issuing new bank cards for their customers out of concern of violating sanctions, Mint reported. More Spanish anti-money laundering enforcement...