Social media tools are increasingly being used to raise funds for terrorist organizations, according to a new report by a risk-advisory service.
The Camstoll Group, which advises companies, governments and financial institutions on risk management, said Monday in a note...
Rival banks will have to weigh up the benefits of clearing BNP Paribas’s dollar transactions after the French lender’s $8.9bn settlement for breaking US sanctions forced the behind-the-scenes role of correspondent banking into the spotlight....READ MORE
Western companies face heightened risk for sanctions breaches due to relationships they have with Russian firms engaging with entities seized by the Crimean separatists, according to analysis by a risk-advisory service...READ MORE
The Obama administration may conclude that the road to Donetsk leads on to Damascus.
What started as a campaign to punish Vladimir Putin for annexing Crimea and menacing eastern Ukraine could morph into a larger effort to increase pressure on the Russian leader by imposing sanctions on Russian companies supporting the regime in Syria.
The United States and Russia traded charges Monday over implementation of last week’s agreement to defuse tensions in Ukraine, with Secretary of State John F. Kerry urging Moscow to publicly call on armed pro-Russian separatists to vacate occupied government buildings in eastern Ukrainian cities and to send a senior diplomat to tell them Russia wants them to leave.
Kerry’s comments, in a telephone call to Russian Foreign Minister Sergei Lavrov, came after separatists blocked international monitors from the Organization for Security and Cooperation in Europe from the occupied buildings. In some cases, the monitors were stopped at separatist checkpoints outside urban areas, according to Western diplomats.