Sanctions is not a level playing field. The only global, extra-territorial enforcer of any note is the United States – which can penalise heavily, exclude jurisdictions, market participants from the US dollar market – based on mere allegations of sanctions violations.
US Treasury OFAC Sanctions Targets December 2024
US Treasury OFAC Sanctions Targets November 2024
US Treasury OFAC Sanctions Targets October 2024
US Treasury OFAC Sanctions Targets January 2024
US Treasury OFAC Sanctions Targets December 2023
US Treasury OFAC Sanctions Targets November 2023
Singapore, which holds the OECD’s Financial Action Task Force (FATF) Presidency from 2022-24, is currently caught up in a nightmare $2BN+ money laundering scandal. Yet no-one at FATF – the global anti-illicit finance body – has seen fit to take action by putting Singapore on FATF’s Grey List. Why not?
US Treasury OFAC Sanctions Targets – October 2023
US Treasury OFAC Sanctions Targets – September 2023