sanctions

Whistleblower Tips to SEC Top 5,200 in FY 2019
Risk & Compliance

Whistleblower Tips to SEC Top 5,200 in FY 2019

“The whistleblower program continues to have a significant positive impact on the commission’s enforcement efforts and protection of investors and markets."
By Matthew Heller | November 19, 2019
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U.S. Charges Huawei CFO With Iran Fraud
Risk & Compliance

U.S. Charges Huawei CFO With Iran Fraud

Meng Wanzhou allegedly deceived banks into processing transactions for an "unofficial subsidiary" that did business in Iran.
By Matthew Heller | January 29, 2019
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Arrest of Huawei CFO Fans US-China Tensions
Risk & Compliance

Arrest of Huawei CFO Fans US-China Tensions

Meng Wanzhou, who was arrested in Canada at the request of the United States, is "by birth and position a member of China’s corporate royalty.”
By Matthew Heller | December 6, 2018
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U.S. Agrees to Lift American Parts Ban on ZTE
Technology

U.S. Agrees to Lift American Parts Ban on ZTE

The Chinese smartphone maker will pay a $1 billion penalty as part of a deal to end the sanctions that had threatened to cripple its operations.
By Matthew Heller | June 7, 2018
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U.S. Parts Ban Forces Halt to ZTE Operations
Risk & Compliance

U.S. Parts Ban Forces Halt to ZTE Operations

The Chinese smartphone maker, which is heavily reliant on Qualcomm processors, is seeking a reversal of the Commerce Department's ban.
By Matthew Heller | May 9, 2018
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Iran Deal Concerns Push Oil Prices Above $70
The Economy

Iran Deal Concerns Push Oil Prices Above $70

“It is mostly a fundamentals-driven market, but the icing on the cake is the worry about Iran."
By Matthew Heller | May 7, 2018
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China’s ZTE Banned From Using U.S. Parts
Supply Chain

China’s ZTE Banned From Using U.S. Parts

The Commerce Department punishes the telecom firm with a seven-year denial of export privileges for violating a 2017 settlement agreement.
By Matthew Heller | April 17, 2018
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Venezuela to Start Cryptocurrency Pre-Sale on Feb. 20
Global Business

Venezuela to Start Cryptocurrency Pre-Sale on Feb. 20

Critics say the "petro" is illegal, but President Nicolas Maduro believes it will have a "great impact" on the country's embattled economy.
By Matthew Heller | January 31, 2018
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U.S. Tightens Economic Vise on Venezuela
Strategy

U.S. Tightens Economic Vise on Venezuela

The White House wants to ensure U.S. banks cannot be used to help finance the expansion of undemocratic rule in Venezuela.
By Matthew Heller | August 25, 2017
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ZTE Fined $900M for Iran Sanctions Busting
Supply Chain

ZTE Fined $900M for Iran Sanctions Busting

The Chinese telecom equipment company allegedly shipped about $32 million of sensitive U.S.-made technology to Iran between 2010 and 2016.
By Matthew Heller | March 8, 2017
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U.S. Opens up Cuba to Export Financing
Risk & Compliance

U.S. Opens up Cuba to Export Financing

The lifting of restrictions on direct financing continues the Obama administration's efforts to normalize trade with the island nation.
By Matthew Heller | January 27, 2016
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