NEWS: Danish regulator targets casinos AML failings

Regulatory Watch News

• 

  Financial sanctions update: Russia

  OFSI

  November 15, 2024

  On 15 November 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entries have been amended under the Russia financial sanctions regime and are still subject to an asset freeze and trust services sanctions:

  • Anatoly Ilyich Bibilov (Group ID: 16658)
  • Juhang Aviation Technology (Shenzhen) Co., Limited (Group ID: 16456)

  Bringing the entries in line with the UK Sanctions List, the following entries have been corrected under the Russia financial sanctions regime and remain subject to an asset freeze and trust services sanctions:

  • • Konstantin Yurievich Mirzayants (Group ID: 16659) • Virmavia Ou (Group ID: 16635)

  The following entry has been removed under the Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions:

  • Didier Casimiro (Group ID: 15493)

  OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes.

• 

  Police tip leads to seizure of illegal cigarettes

  Fiscal Information and Investigation Service - FIOD

  November 15, 2024

  On November 14, Customs, following information from the police, launched an investigation at a garage in Nieuwegein. In a warehouse used by the garage, two vans were found containing illegal cigarettes. Both vans were seized and taken away.

  The cars contained almost 900,000 cigarettes, which were seized and will be destroyed. The garage owner has been arrested and can also expect a Customs assessment of approximately 350,000 euros in unpaid excise duty. The investigation is being continued by Customs and the FIOD and is led by the Functional Parket.

• 

  EPPO traces fraudulent Chinese imports to France via Port of Athens

  European Public Prosecutor's Office

  November 15, 2024

  (Luxembourg, 15 November 2024) – On 13 and 14 November 2024, in an investigation led by the European Public Prosecutor’s Office (EPPO) in Paris (France), searches and witness interviews were carried out in Greece, in a probe into fraudulent imports of textiles, garments and fashion items from China into the EU, via the Piraeus Port of Athens, with the French market as the final destination. The fraud scheme under investigation caused an estimated damage of over €5.2 million in unpaid customs duties and VAT.