Sanctions

Sri Lanka Gov Purchased Coal from Russian Trader

According Reuters reporting, a Sri Lankan government official has affirmed that the country has purchased two cargoes of 60,000

SWIFT Disconnects Designated Russian, Belarusian Entities from Network

In compliance with applicable sanctions laws and conforming to legal instructions issued by the European Union, SWIFT disconnected selected banks from its financial messaging services in March 2022.

Russian Harmful Foreign Activities Sanctions

AerCap: USD 2.4b Net Charge on Russian Aircraft Leases

First quarter 2022 financial results released by AerCap, the world’s largest aircraft leasing company, indicate it has recognised a USD 2.4b net charge related to the Russian invasion of Ukraine.

Singapore Still Dealing with Hin Leong Fallout

Two years after news of the Hin Leong Trading debacle surfaced and fraud in the commodity trading sector came to light, repercussions are still being felt.

Myanmar: Energy companies abandoning gas project

Energy companies TotalEnergies and Chevron are abandoning a gas project in Myanmar.

Sanctions Watch

Below is a quick list of sanctions imposed upon Russia by the EU, UK, and US regulators.

Blocked after Presentation: Another Layer of Concern

Should an issuing bank pay if presented documents comply, but it learns of recent news that an entity involved within