Multiple arrests in Britain as authorities intercept multi-million-pound cash smuggling and laundering operation

Regulatory Watch News

• 

  GRECO recommends Anti-Corruption Reforms for Liechtenstein’s Government, Police, and Head of State

  GRECO

  May 28, 2025

  The Council of Europe’s Group of States against Corruption (GRECO), in a report published today, calls on Liechtenstein to take further steps to prevent corruption among persons with top executive functions (PTEFs), including members of government, the Government Secretary, Secretaries General and Senior Political Advisors, as well as members of the National Police. The report also covers the Reigning Prince, who contributes to executive decision-making under the Constitution.

• 

  Cyber: Statement by the High Representative on behalf of the European Union on malicious behaviour in cyberspace against Czechia

  European Council

  May 28, 2025

  The European Union and its Member States, together with international partners, stand in solidarity with Czechia regarding the malicious cyber campaign that targeted its Ministry of Foreign Affairs. Czechia determined the cyber-attack has been perpetrated by the Advanced Persistent Threat 31 (APT31) that is associated with the Ministry of State Security of China. In recent years, malicious cyber activities linked to this country and targeting the EU and its Member States have increased. In 2021, we urged Chinese authorities to take action against malicious cyber activities undertaken from their territory. Since then, several Member States have attributed similar activities at their national level. We have repeatedly raised our concerns during bilateral engagements and we will continue to do so in the future.

• 

  Update to the UK Sanctions List: Russia Regime

  UK Government

  May 27, 2025

  AMENDMENT Deleted information appears in strikethrough. Additional information appears in italics and is underlined. 1. LITVAK, Michel DOB: 18/08/1951. POB: St Petersburg, Russia Nationality: (1) Belgium (2) Russia (3) United Kingdom Other Information: (UK Sanctions List Ref): RUS2410. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 24/02/2025. (UK Statement of Reasons):Michel LITVAK (hereafter LITVAK) is an “involved person” under the Russia (Sanctions) (EU Exit) Regulations 2019 on the basis of the following ground: LITVAK is or has been involved in obtaining a benefit from or supporting the Government of Russia by owning or controlling an entity, OTEKO, which is carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian transport sector. (Gender): Male Listed on: 24/02/2025 UK Sanctions List Date Designated: 24/02/2025 Last Updated: 24/02/2025 23/05/2025 Group ID: 16797.