SEC Nigeria implements sanctions and due diligence requirements against North Korea, Myanmar, and Iran, aligning with FATF recommendations.

The entities involved

• North Korea →

  sovereign state in East Asia

  • An investigation is underway to determine if North Korea caused explosions, coinciding with President Lee Jae Myung's visit to Mexico City.Mon 16:26
  • Ongoing tensions persist along the southern border between Korea and North Korea.Mon 14:47
• Myanmar →

  country in Southeast Asia

  • A depression is forming over the Andaman Sea near the Myanmar coast, affecting Indian coastlines and potentially prolonging the southwest monsoon over Northeast India.Mon 13:50
  • PLA Navy conducts goodwill visits to Myanmar and deploys a task group for escort missions near Somalia.Mon 13:22
• Financial Action Task Force →

  intergovernmental organization to combat money laundering and terrorism financing

  • India holds the vice-presidency of the Financial Action Task Force (FATF), with an officer from the Madhya Pradesh cadre involved.Mon 17:31
  • South Africa is undergoing an assessment by the Financial Action Task Force (FATF) regarding its compliance with international standards to combat serious financial crimes.Sun 21:36

Related events

• Bill mandates alignment with international FATF standards, with the Monetary Authority of Singapore overseeing financial regulation within Singapore.Sep 8
• Starlink is being used in scam centers within Myanmar, leading government regarding online fraud.Aug 1