Sanctions
Russia sanctions could trip up CDS markets, lawyers warn
New sanctions on specific companies could trigger CDSs and complicate settlement
Compliance culture an issue for non-US banks, expert warns
Foreign banks struggling to comply with US rules, as BNPP fine shows
Ukraine crisis renews importance of KYC
Sanctions and transaction reporting grow in prominence
AML KYC data collection brings benefits as well as challenges
Establishing a coherent system of legal entity identifiers has been an important challenge for the swaps industry over the past two years. Now, in the face of regulatory pressure, anti-money laundering teams face the same challenge – but meeting it could…
FCA AML report raises concerns about money service business going underground
UK regulator's first annual AML report highlights risks of closing certain banking services
Trade finance at risk from financial crime, FCA warns
UK regulator says 'significant room for improvement' needed at most banks
Volume of AML fines set to rise, expert warns
Smaller institutions face greater AML scrutiny, expert says
State involvement in cyber defence may be a mixed blessing
Stated threats
No penalties for JP Morgan over $6 billion risk management failure and AML shortfalls
US regulators issue penalty-free consent orders, while the FSA promises investigation
Top 10 op risks: sanctions and AML compliance
Top 10 op risks: Sanctions and AML compliance
HSBC fine ‘warning shot’ to industry, experts say
HSBC's $1.9 billion fine a sign that regulators have 'real bite'
Sanctioned jurisdictions struggling with Fatca
Barriers to entry
Problems multiply in sanctions compliance
Sanctions lift on Burma and tighten on Syria and Iran, creating risks in both areas
Stay cautious about business with Burma, banks warned
Sanctions have been lifted, but Burma is still high-risk
US banking reports put compliance in the spotlight
Standard Chartered and HSBC attract attention for compliance failures
The spread of sanctions clauses in letters of credit
Clause for concern
Whistleblowers given more incentive in US than UK
When the whistle blows
Iran to remain biggest short-term risk to oil prices in 2012: analysts
The developing situation in Iran will continue to be the biggest short-term driver of oil prices, as the EU prepares to potentially join the US in sanctions on Iranian crude and the closure of the strategic Strait of Hormuz remains a threat, say oil…
Banks face heavy burden from sanctions in the Middle East
Sanctions side-effects
Tough Middle East sanctions put AML under spotlight
Banks' anti-money-laundering processes will come under scrutiny in the face of tougher sanctions in the Middle East
US Treasury lifts sanctions on Libyan oil subsidiaries
OFAC removes ban on transactions with several Libyan oil company subsidiaries
Financial institutions adhere to Middle East sanctions
The recent uprisings in the Middle East have presented increased challenges for financial institutions doing business in the region. Institutions have been required to react to and comply with imposed international sanctions
Institutions must increase scrutiny of sanctions lists after Bin Laden's death
The death of Osama Bin Laden is likely to mean movement of terrorist assets, which means banks must be on their guard, says Logica director
EU plans to standardise sanctions welcomed, but 'impractical'
EU plans to standardise sanctions welcomed, but 'impractical'