Russia’s war of aggression against Ukraine: ΕU Council renews economic sanctions for a further 6 months

29/01/2024
Posted by: netinfo

The Council renewed for a further 6 months its restrictive measures in view of the Russian Federation’s continuing actions destabilising the situation in Ukraine, until 31 July 2024.

View the relevant announcement here

Recent

FATF removed Four (4) Jurisdictions from Gray List
The Financial Action Task Force (FATF) issued a public statement concerning changes to its list of jurisdictions under increased monitoring due to strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Specifically, FATF announced that Burkina Faso, Mozambique, Nigeria, and South Africa have been removed from its list of jurisdictions…
MOKAS: Strategic Analysis Report for 2023 – 2024
The Financial Intelligence Unit of Cyprus (MOKAS) has published its Strategic Analysis Report (the “Report”) for the period 2023–2024.The Report was prepared following a thematic analysis of Suspicious Transaction Reports (STRs/SARs) submitted to MOKAS during the years 2023 and 2024. The Report provides valuable insights into trends and practices related to Money Laundering and Terrorist…
EU Renews Terrorist Sanctions List
The European Union renewed its list of individuals and entities facing sanctions for terrorism-related activities on July 29, 2025. The decision highlights the removal of one individual who is deceased, and stresses that all other existing designations remain. Currently, the sanctions target 13 individuals and 22 groups or entities. These sanctions operate independently of the…
FATF Releases Comprehensive Update on Terrorist Financing Risks – 2025
The Financial Action Task Force (FATF) has published its 2025 Comprehensive Update on Terrorist Financing Risks, offering a detailed overview of how terrorist organisations continue to raise, move, and use funds through increasingly sophisticated and hybrid methods. These include the misuse of formal financial channels, informal value transfer systems such as hawala, virtual assets, digital…
FATF Issues Sixth Targeted Update on Virtual Assets and VASPs
On 26 June 2025, the Financial Action Task Force (FATF) released its sixth targeted update on global efforts to combat money laundering and terrorist financing in relation to virtual assets (VAs) and virtual asset service providers (VASPs). While some jurisdictions have advanced in implementing FATF Recommendation 15, significant gaps remain. Key issues include ongoing difficulties…

Russia’s war of aggression against Ukraine: ΕU Council renews economic sanctions for a further 6 months

Russia’s war of aggression against Ukraine: ΕU Council renews economic sanctions for a further 6 months

Recent

FATF removed Four (4) Jurisdictions from Gray List

MOKAS: Strategic Analysis Report for 2023 – 2024

EU Renews Terrorist Sanctions List

FATF Releases Comprehensive Update on Terrorist Financing Risks – 2025

FATF Issues Sixth Targeted Update on Virtual Assets and VASPs

Tags widget