Turkish Bank Says U.S. Sanctions Charges 'Unfair', Politically Motivated
A Turkish bank is fighting back against sanctions evasion charges by U.S. officials, dismissing the …
Israel: Central Bank Publishes Position Paper on Banks' Mobile Payments Application Activity
On July 9, 2019, the Bank of Israel released a policy paper in which it …
Terrorist Groups Finding New Ways To Exploit Bitcoin, Think Tank Warns
A think tank specialising in terrorist financing has warned that Hamas and Islamic State are …
Trump Threatens Correspondent Banking Links With New Iran Sanctions
The U.S. threatened to cut off foreign financial institutions from U.S. correspondent banking networks on …
Former OFAC Director Pours More Cold Water On Iran Sanctions Workaround
The former head of the U.S.’ sanctions authority has said INSTEX, the payment instrument set …
UK Defiant On Iran Sanctions Workaround In Face Of US Pressure
The UK government is standing by plans to establish a new payment system circumventing US …
Navigating Maritime Sanctions Leaves Banks In Choppy Waters
Banks and other financial institutions are failing to grapple with the complex task of ensuring …
Israel: Central Bank Announces Project Simplifying Online Bank Switching for Customers
On May 23, 2019, the Bank of Israel announced that, as part of its initiative …
UAE: Abu Dhabi Global Market Updates Guidance for Regulation of Crypto-Asset Activities
On May 14, 2019, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global …