Financial sanctions update: Russia & ISIL (Da’esh) and Al-Qaida
2 entries have been corrected on the consolidated list under the Russia and ISIL (Da'esh) and Al-Qaida financial sanctions regimes and remain subject to an asset freeze.
The following entry has been corrected under the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions:
Vladimir Vladimirovich Mikheychik (Group ID: 16409)
53 members of a criminal organisation arrested for sports corruption in Spain
Europol supported the Spanish National Police (Policía Nacional) in an investigation that led to the arrest of 53 suspects in Madrid and Guadalajara, in Spain. The suspects acted as “betting mules” for a criminal organisation fixing sports events and defrauding betting houses. The operation took place from 29 January to 1 February and was also supported by Interpol and the Spanish Tax Agency (Agencia Tributaria).
New eDesk procedure – IPU Threshold monitoring (for credit institutions)
From 1 March 2024, the CSSF will start collecting IPU (Intermediate Parent Undertaking) Threshold monitoring reports from credit institutions (subsidiaries and branches) belonging to third-country groups (TCGs), on behalf of the European Banking Authority (EBA). The purpose of this reporting is to check, on the basis of the total assets of third-country groups in the European Union, whether or not the threshold for establishing an IPU has been exceeded.