Regulatory Watch News
Financial sanctions update: Russia
OFSI
On 8 May 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions:
- Said Mikhailovich Gutseriev (Group ID: 15418)
The Danish Financial Supervisory Authority’s supervisory efforts in 2023
The Danish Financial Supervisory Authority
147 inspections, 692 supervisory responses and 260 cases of insider trading and market manipulation, as well as a number of reports, thematic studies and analyses. These are the main points in the overview of the Danish Financial Supervisory Authority's activities in 2023.
“Greasy hands”: EPPO targets international criminal network for €15 million fraud involving engine oil
European Public Prosecutor's Office
(Luxembourg, 7 May 2024) – Investigation ‘Greasy Hands’, led by the European Public Prosecutor’s Office (EPPO) in Turin (Italy), is targeting a criminal organisation alleged to have imported vehicle lubricants to the Italian market while systematically evading VAT, causing a loss of over €15 million. Searches and judicial measures were executed today by the Italian Financial Police (Guardia di Finanza) in the provinces of Bari, Campobasso, Foggia, Matera and the regions of Rome, Trieste and Turin. Simultaneously, investigative measures were also carried out in Latvia. Judicial measures have been taken against 14 individuals, including the suspected ringleaders. Eight of the suspects will remain in pre-trial detention, and six have been placed under house arrest.
Membership
Join NowCorporate License
Find out more about corporate licensesRegulatory Watch
National Supervisors' Fines, Penalties & SanctionsSign Up To Our Newsletter
Categories
- AI (2)
- aml (7)
- Analysis & Opinion (515)
- Australia (44)
- Canada (23)
- Compliance (1,161)
- Compliance News (435)
- Regulatory (387)
- EU (301)
- Featured Article (146)
- Financial Crime (2,968)
- ABAC (54)
- AML (1,367)
- Banking (664)
- CFT (169)
- Financial Services (958)
- Fraud (173)
- Gaming (61)
- Regions (1,150)
- Asia-Pacific (104)
- EU/Europe (781)
- LATAM (28)
- MEA (92)
- North America (202)
- Sanctions (222)
- Insight (34)
- Middle East (20)
- Russia (6)
- Sponsored content (3)
- Tech (469)
- Crypto (375)
- Cyber (41)
- Technology (68)
- UAE (29)
- UK (207)
- US (232)
- Women in FinCrime (310)
- News (283)