CONTACTNLEN

Nieuws

US expels 35 Russian diplomats and imposes additional sanctions

30 december 2016

On 29 December 2016, the US imposed additional sanctions on Russia in response to its alleged cyber-enabled activities aimed to interfere with the US elections earlier this year. The White House stated that:

Meer lezen

Iran requests meeting of E3+3 to discuss JCPOA after US sanctions extention

22 december 2016

Iran's Foreign Minister Mohammad Zarif has formally submitted a request with Europe’s foreign policy chief Federica Mogherini for a meeting of the E3+3 commission (Iran, the US, Britain, China, France, Germany and Russia) that oversees the nuclear deal with world powers, to complain about United States' symbolical renewal of its Iran Sanctions Act earlier this month. The United States Congress voted earlier this month in favour of a renewal of the Iran Sanctions Act for another 10 years. This renewal merely …

Meer lezen

OFAC publishes updated guidance on JCPOA snapback

20 december 2016

The US Treasury Department’s Office of Foreign Assets Control (the "OFAC"), has updated its frequently-asked-questions document on the JCPOA nuclear deal with Iran and the consequences in case of a JCPOA snapback.

Meer lezen

Intesa Sanpaolo S.p.A. to pay USD235 million in fines for repeated sanctions and AML violations

16 december 2016

Intesa Sanpaolo SpA ("Intesa Sanpaolo"), Italy's largest retail bank, has agreed to pay a USD235 million fine to the New York State Department of Financial Services (the "DFS") for sanctions and anti-money laundering violations identified by the DFS dating back to 2002. According to the DFS, Intesa Sanpaolo mismanaged its transaction monitoring system, repeatedly processed suspicious transactions involving shell companies and deliberately concealed information from the DFS. The bank is also said to have trained …

Meer lezen

Additional UN sanctions on North Korea

1 december 2016

On 30 November 2016, the UN Security Council imposed additional sanctions on North Korea following its nuclear test on 9 September 2016.

Meer lezen

EU de-lists key Iranian bank Bank Saderat and its UK plc

31 oktober 2016

On 22 October 2016, key Iranian bank, Bank Saderat, and its UK plc were de-listed from the EU sanctions list against Iran (Regulation (EU) 267/2012). Bank Saderat was not supposed to be de-listed under the JCPOA until "Transition Day", 20 October 2023. However, pursuant to a judgment of the General Court of the European Union dated 5 February 2013, which was upheld by the EU Court of Justice on 21 April 2016, the bank had to be de-listed. Meanwhile, the EU Council decided to re-list the bank for dealing with …

Meer lezen

EU adds 10 persons to the Syria sanctions list

27 oktober 2016

Today, 27 October 2016, the Council added 10 persons to the list of those targeted by EU restrictive measures against the Syrian regime for being responsible for the violent repression against the civilian population in Syria, benefiting from or supporting the regime, and/or being associated with such persons.

Meer lezen