alvatore is a globally recognized thought leader in Financial Crimes Compliance. He is a tested banking and government professional with experience in Anti Money Laundering, Office Foreign Assets Control and international sanctions compliance, internal control, consumer banking, securities, trade services Read More …
Announcing the Expansion of the Clean Network to Safeguard America’s Assets
The Clean Network program is the Trump Administration’s comprehensive approach to guarding our citizens’ privacy and our companies’ most sensitive information from aggressive intrusions by malign actors, such as the Chinese Communist Party (CCP). Today, I am announcing the launch Read More …
U.S. tightens restrictions on Huawei access to technology and chips
The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies, aimed at cracking down on the Chinese telecommunications giant access to commercially available chips. The Commerce Department actions, first reported by Reuters, will expand restrictions announced Read More …
China Banks Act to Comply With Trump Sanctions on Hong Kong
(Bloomberg) — China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to safeguard their access to crucial dollar funding and overseas networks. Major lenders with Read More …
China Sanctions 11 Americans in Retaliation for U.S. Action Against Hong Kong Officials
China said it will sanction 11 Americans in retaliation for similar measures imposed by the U.S. on Friday, but the list doesn’t include any members of the Trump administration. Those sanctioned include Senators Marco Rubio, Ted Cruz, Tom Cotton and Read More …
Treasury Sanctions Individuals for Undermining Hong Kong’s Autonomy
Today, the Department of the Treasury imposed sanctions on 11 individuals for undermining Hong Kong’s autonomy and restricting the freedom of expression or assembly of the citizens of Hong Kong. These actions were taken pursuant to Executive Order (E.O.) 13936, Read More …
Norway wants China to forget about the human rights thing and eat salmon instead
Norway is the world’s biggest producer of salmon. But hardly any of it goes to China, the biggest consumer of seafood. Since the Nobel Prize was awarded to human rights activist Liu Xiaobo in 2010—at a ceremony in Oslo where Read More …