418 briefs
OFSI revoked the UK asset freeze on Libyan Arab African Investment Company (LAAICO); screening must clear the named subsidiary only — parent LIA stays designated.
Bank sanctions-screening and compliance teams must block or reject transactions matching the newly designated Sudan-related persons and entities under EO14098 before processing
Issue managers on SGX-Nasdaq Global Listing Board listings may now use alternative due-diligence steps in place of the prescribed paragraph 23 procedures.
US persons may process Venezuela earthquake-relief transactions only where they fall within the scope of OFAC General License 60
Sanctions-screening teams must add the new Gasabo Gold SDNs and their OFAC Linked-To relationships to filters before processing transfers or trades
Custodian financial-crime and client-asset teams must act on Register checks, verify client-money permissions and resolve account alerts or face FCA censure and client restitution
Sanctions-screening and vessel-screening teams must remove the delisted Russia-related parties from active blocking filters or keep cleared parties wrongly blocked
Investment advisers must certify sales and non-core associated persons through the lighter NISM Series-XXV-B exam instead of the full adviser exams
Bank and RE derivatives desks must meet the Master Direction's conditions before offering or trading credit-index derivatives or corporate-bond total-return swaps
Bank sanctions-screening teams must add the new TCO and Cuba SDNs, block matching transactions, and clear the three delisted Russia names
Agency Bank pension-disbursing teams must notify pensioners and follow RBI-prescribed recovery procedures before effecting any recovery from pension accounts
NBFC compliance teams must apply NBFC-UL classification and credit/investment concentration limits to government-owned NBFCs
