blacklists | Common News Update

Jan152021 by adminNo Comments

Trump blacklists smartphone giant Xiaomi

Technology

.css-94m6rd-HeadingWrapper{border-bottom:solid 1px #BABABA;padding-bottom:1.5rem;}.css-94m6rd-HeadingWrapper > *:not([hidden]):not(style) ~ *:not([hidden]):not(style){margin-top:1rem;}.css-vk3nhx-ComponentWrapper{margin:1.5rem 0;}.css-2y05cd-StyledFigure{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:400;font-size:0.875rem;line-height:1.125rem;}.css-kwaqyc-StyledFigureContainer{position:relative;}.css-1xtcmof-Placeholder{position:relative;display:block;padding-bottom:56.25%;background-color:#EEEEEE;}.css-1xtcmof-Placeholder img{overflow:hidden;position:absolute;top:0;right:0;bottom:0;left:0;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;-webki...

Financial Action Task Force blacklists Iran for bankrolling terror

World

Feb. 21 (UPI) -- An international antiterrorism group voted to keep Iran on its blacklist for failing to stop financing terrorism, the group announced Friday. The Financial Action Task Force made the decision during its three-day meeting in Paris. The monitoring group had given Tehran a February deadline to halt the bankrolling of terror groups and individuals by passing legislation on the issue. Since it didn't, the FATF moved Iran back onto its blacklist, imposing sanctions on Iran from the member countries. The FATF had temporarily moved Iran onto a so-called gray list in 2016 to give it more access to the international banking system as it worked toward passing legislation. The move will likely complicate Tehran's efforts to do business in the European Union after the United States r...

DoT blacklists bank guarantees issued by Standard Chartered Bank

Finance

NEW DELHI: The telecom department has blacklisted bank guarantees issued by Standard Chartered after the bank failed to invoke one that was issued for Aircel Group. In a strongly worded office memorandum sent to all telecom operators and concerned officers, the DoT (Department of Telecom) has directed entities that they should not accept bank guarantee (BG) from Standard Chartered Bank, including renewals. "Standard Chartered Bank has failed to invoke a BG issued by them on behalf of Aircel Group of companies. This action by Standard Chartered Bank is a serious breach of trust and contract with government of India. In view of this you are directed not to accept any new BG from Standard Chartered Bank, including renewals," the note said. When contacted Standard Chartered Bank spokesperson s...