Tag: Russia

The world of international politics is fraught with unpredictability, where sudden changes in foreign relations can usher in swift and expansive sanctions regimes. According to...

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

Sanctions play a crucial role in international diplomacy and law enforcement, ensuring that countries and entities adhere to international norms and regulations. Keeping up to date with the ever-evolving sanctions regulations, including OFAC's 50% Rule and the EU's new directives, remains a top priority for companies worldwide.

China has eclipsed Russia as the premier cyber threat, with a notable increase in the sophistication of its cyber operations.

Leveraging global media for a more proactive stance on risk is the future of financial crime prevention. Traditional methods often involve manual searches across various applications to identify potential threats in customer and counterparty relationships. While this may have been the standard practice in the past, advancements in technology are reshaping the landscape.

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?

The security agency of Montenegro has said that hackers from Russia have launched a ‘massive, coordinated’ cyberattack against its government and its services.

Spain’s leading scientific research center has been targeted by a cyberattack that has origin links to Russia.

Since the onset of the Russia-Ukraine war, the attention on sanctions – trade sanctions in-particular – has reached fever pitch. With more knowledge and focus on sanctions than ever before, what does this mean for their future?

A Moscow court has slapped a $358m fine on Google for a failure to restrict access to information prohibited in the country.