On 15 September, the French AML agency, AFA, published this guidance (in French) which explains that, as a matter of principle, a public official does not have to accept a gift or invitation in the performance of his duties. Acceptance may, in certain circumstances, expose him to a risk of criminal sanction.
On 15 September, Stikeman Elliott LLP published this Guide, saying that all companies with a nexus to Canada should be aware of these laws and their responsibilities and take appropriate risk-based steps directed towards compliance.
On 15 September, OFAC advised that 22 new individuals and 2 entities had been added to its Russia sanctions lists, while amending others. General License 51 (authorizing the wind down of transactions involving limited liability company group of companies Akvarius) has been issued; together with new FAQ 1080 to 1086
On 15 September, OFAC announced that the Zimbabwe sanctions program targets human rights abusers and those who undermine democratic processes or facilitate corruption. The 11 individuals being removed are either deceased or have been deemed to no longer undermine Zimbabwe’s democratic processes and institutions. OFAC has added Stephen Mutamba, the Zimbabwe Republic Police’s Deputy Commissioner for Administration for his role in undermining Zimbabwe’s democratic processes and institutions.
On 14 September, the Centre for European Policy Studies published an article saying that the European Commission’s proposed Artificial Intelligence (AI) Act attempts to regulate a wide range of AI applications, aligning them with EU values and fundamental rights through a risk-based approach. The scope, instruments and governance framework introduced by the proposal are still being debated and refined by European co-legislators. It identifies 8 key areas where challenges may emerge, and makes a number of policy recommendations.
On 15 September, a briefing from the EU Parliament Research Service says that the agency would be the centre of an integrated system composed of the Authority itself and the national authorities with an AML/CFT supervisory mandate. It would also support FIU and establish a cooperation mechanism among them.
A news release from the UN on 14 September advised that the relevant sanctions committee had amended the existing entries for the SINGWANG ECONOMICS AND TRADING GENERAL CORPORATION and WEIHAI WORLD-SHIPPING FREIGHT.
EU Regulation 2022/1529/EU of 14 September, made a number of amendments to the EU Russia sanctions lists – including the removal of the entries relating to Vladimir Volfovich ZHIRINOVSKY, Olga AYZIMAN and Saodat NARZIEVA.