Nonprofits

A donor to Nigel Farage’s Reform UK is the registered manager and shareholder of a Dubai-based company that previously had business ties to an Iranian conglomerate later placed under U.S. sanctions.

The U.S. Treasury Department on Thursday announced two new sanctions actions targeting financing and revenue-generation networks tied to Hamas and the Democratic People’s Republic of Korea.

Guernsey’s government is weighing new transparency rules that would let approved applicants access information on the beneficial owners of companies registered on the island.

The Council of Europe has agreed to remove the diplomatic immunity granted to Thorbjoern Jagland, clearing the way for Norwegian police to investigate the former secretary general’s newly uncovered relationship with Jeffrey Epstein.

The U.S. Treasury Department imposed sanctions on a Lebanon-based gold exchange company and a network of individuals behind a procurement and commodities shipping scheme purportedly tied to Hezbollah. 

Jack Lang, a former French culture minister and long-time president of the Institut du Monde Arabe (IMA) in Paris, has resigned from the post after Mediapart reported new details about financial and business ties between his family and disgraced financier Jeffrey Epstein. 

UBS AG opened accounts for Ghislaine Maxwell in early 2014 and went on to manage as much as $19 million for her in the years before she was convicted for helping Jeffrey Epstein sexually traffic teenage girls, Reuters reported. 

A United Nations committee has approved exemptions from North Korea sanctions to allow a new round of humanitarian aid projects to proceed, Reuters reported on Friday, citing an unnamed diplomatic source. 

The U.S. is targeting Hamas’ covert support network, including six Gaza-based nonprofits that purportedly masquerade as medical charities while supporting the Palestinian group’s militant wing. 

Blacklisted charities affiliated with Hezbollah have been directing supporters to send money through Lebanon’s booming digital payments sector, routing contributions to wallets held by private individuals rather than official charity accounts, the Financial Times reported.