The UK is announcing a new package of sanctions on Russia and Belarus targeting £1.7 billion worth of trade in a move designed to further weaken Putin’s war machine. It will bring the total value
Medical-waste-management company Stericycle Inc. has agreed to pay about $90 million to settle allegations it violated anti-bribery laws in the U.S. and Brazil, U.S. authorities said Wednesday. The Bannockburn, Ill.-based company faced both criminal and civil charges
An expanded UK sanctions regime that took effect last year and is intended to tackle global corruption and illicit money entering Britain from overseas is proving ineffective, according to campaigners. A report by the UK
The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow’s proposed scheme to receive gas payments in roubles would breach
Canada said on Wednesday it was imposing sanctions on 203 individuals that it says are complicit in Russia’s attempted annexation of certain areas of Donbas in eastern Ukraine. Canada has now imposed sanctions on nearly
Mastercard said it’s expanding an earlier push to tie executives’ bonuses to the company’s environmental, social and governance goals. The firm will now link all employees’ compensation to those goals after earlier only doing so for
The Office of the Comptroller of the Currency on Thursday said flagship crypto bank Anchorage Digital Bank National Association violated rules for monitoring for suspicious activity and preventing money laundering. The Sioux Falls, South Dakota-based
The Financial Action Task Force said it would assess its member countries more frequently to assist them further in tackling money-laundering and combating terrorist financing. FATF, a Paris-based organisation that sets anti-money-laundering law standards, said
Cryptoassets have “unleashed a plethora of financial innovation that will likely revolutionise the form of money and the ways it is used,” a recently published International Monetary Fund report said, but the multilateral lender cautioned
In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. There has been supply chain legislation
Russia said on Wednesday (April 13) it had introduced sanctions against 398 members of the US Congress in retaliation against Washington’s punitive measures over Ukraine and said more sanctions would follow. “Taking into account the
China has arrested the former Communist Party boss of Hangzhou city on suspicion of taking bribes, the latest development in a case that has been linked to Mr Jack Ma’s Ant Group. The decision to arrest
