20 MAY 2023
Day: May 20, 2023
UKRAINE SANCTIONS: RESOURCES FOR COMPLIANCE PROFESSIONALS
ACAMS offers online a set of resources, including a set of infographics – such as this example –
HOW MYANMAR’S ARMS PURCHASES CIRCUMVENT SANCTIONS
On 20 May, an OpEd piece from Eurasia Review said that the regime is being sustained by nearly a billion dollars’ worth of arms — plus raw materials to manufacture weapons — originating primarily from China and Russia, 2 permanent members of the UN Security Council, along with Singapore, Thailand and India. A UN report says that those providing these weapons are able to avoid sanctions by using front companies and creating new ones while counting on lax enforcement.
The UN report is –
THE BILLION DOLLAR DEATH TRADE: THE INTERNATIONAL ARMS NETWORKS THAT ENABLE HUMAN RIGHTS VIOLATIONS IN MYANMAR
Published on 17 May, this report is from the Special Rapporteur on the situation of human rights in Myanmar.
US: ADDITIONAL SANCTIONS UNDER THE EXPORT ADMINISTRATION REGULATIONS (EAR) RE RUSSIA AND BELARUS
On 19 May, KPMG reported that the Bureau of Industry and Security (BIS) of the Department of Commerce had released for publication in the Federal Register a final rule implementing additional sanctions under the Export Administration Regulations (EAR) against Russia and Belarus.