Posted Friday November 27, 2015

France calls for stricter counter-terrorist financing measures, new sanctions against individuals in Burundi and more

  • France is seeking greater legal authority to monitor the financial assets of terror suspects and calls for tighter controls within the EU.

  • The US administration issued a sanctions programme against individuals connected to the political unrest and violence in Burundi. The four individuals are current and former public officials.

  • The UK Financial Crime Agency imposed a £72m fine on Barclays over the handling of accounts of Politically Exposed Persons (PEPs) and High-Net-Worth Individuals.

And finally, the Wall Street Journal quotes data privacy experts on the future of US-EU data exchange. After scrapping the US-EU Safe Harbour agreement, the European Court of Justice is investigation (and might overrule) other data transfer mechanisms that companies have relied on instead.


Arachnys update

New sources: 10

Source of the weekThe Official Journal of Iran publishes updates to changes in the official company register. This source searches by company name for notices relating to the entity.


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