Day: December 15, 2021

On 15 December, OFAC announced a new Executive Order imposing sanctions on foreign persons involved in the drugs trade.  It designates a Chinese national, Chuen Fat YIP (aka Chuan Fa YE), a Mexican and 4 Chinese entities and a Brazilian entity.  Many detail changes have been made to existing entries.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20211215

https://home.treasury.gov/news/press-releases/jy0535

https://www.state.gov/combating-transnational-crime-and-imposing-sanctions-on-persons-involved-in-the-global-illicit-drug-trade/

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

On 13 December, MONEYVAL released the 4^th follow-up report following the original mutual evaluation report (MER) of 2016.  Serbia has made progress to address the technical compliance deficiencies identified in the MER and applicable subsequent follow-up reports.  As a result of this progress, Serbia has been re-rated on FATF Recommendations R.22, 23, 28 and 40.  However, Serbia will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures, and is expected to report back in 2 years’ time. 

https://search.coe.int/directorate_of_communications/Pages/result_details.aspx?ObjectId=0900001680a4db7a

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y