EU to Impose Sanctions on Entities Blocking the Strait of Hormuz
The European Union will widen the criteria for its Iran sanctions regime to include people and entities responsible for obstructing freedom of navigation in the Strait of Hormuz.
EU
Daniel Kinahan, One of Europe’s Most Wanted Criminals, Arrested in Dubai
Daniel Kinahan, the Irishman long alleged to be one of Europe’s leading organized-crime figures and drug traffickers, has been arrested in Dubai on an Irish warrant and is expected to be extradited to Ireland.
AMLA Seeks Feedback on Risk Assessments and Cross-Border Compliance
The European Union’s new anti-money-laundering (AML) supervisor on Thursday launched two consultations on draft rules intended to tighten how companies assess their financial-crime risks and apply compliance controls across corporate groups.
Magyar’s New Task: Dismantling the ‘Party-State’ Without Destroying the State
Hungary’s incoming prime minister, Péter Magyar, is pledging to oversee a broad anti-corruption campaign once in office, including the creation of new watchdog bodies and investigations of government contracts.
Orban’s Exit Comes with Shredded Documents and Sanctions Questions
Hungary’s incoming prime minister, Péter Magyar, accused outgoing Foreign Minister Péter Szijjártó on Monday of shredding documents related to European Union sanctions.
Georgian Company is Helping Russia Sell Donetsk Commodities Abroad
A Georgia-based company has inked a deal with Russian-installed authorities in occupied eastern Ukraine to export coal, chemicals, and metals, opening what Le Monde described as a new channel for Moscow to skirt international sanctions.
Three Greek Cabinet Ministers Resign amid EPPO Fraud Probe
Three Greek cabinet ministers resigned on Friday as a European Union investigation into alleged farm subsidy fraud widened, in a case that has intensified political pressure on the government and added to unrest in the country’s farming sector.
Malta Isn’t Ready to Let the EU Take the Reins on Crypto Supervision
Malta is mounting an unusually public fight against a European Union push to centralize crypto supervision, arguing the move would strip the island-nation of oversight over major digital-asset firms it helped attract and regulate.
Hungary Secretly Worked with Russia to Water Down EU Sanctions
Hungary’s foreign minister privately shared sensitive European Union discussions with Russia and worked with Moscow to try to remove sanctioned Russian individuals, banks, and companies from EU blacklists.
Hungary Continues to Fall Short on Investigating Fraud, EU Data Shows
Hungary has recovered and returned less than a fifth of EU funds flagged for potential fraud over the past decade, according to data from the bloc’s anti-fraud watchdog reported by the Financial Times.