Union de Banques Arabes et Françaises (UBAF), a French bank specialising in trade finance, has agreed to pay US$8.5mn to settle allegations of sanctions breaches brought by US federal regulators.
Update: China calls for caution in dealing with Syria chemical weapon issue
Syria’s constructiveness and the outcomes of the engagement between the two parties deserve recognition. China encourages them to continue to work toward positive progress on other outstanding issues, …
Fighting Continues Over Flashpoint Town in Northern Syria
A town in northern Syria is increasingly becoming a battleground between Turkish-backed groups and U.S.-backed forces amid fears of a new large-scale Turkish offensive in the area. In recent weeks, …
World Cannot Afford to Dilute Fight Against Terror Taking Advantage of Syria War: India at UNSC
India said terror groups have taken an advantage of the decade-long conflict in Syria to entrench themselves and pose a threat to the entire region, asserting that the world cannot afford to give …
Report: Extortion in Syrian Prisons Funding Assad Regime
Corrupt prison officials and military personnel in Syria are using the systematised extortion of detainees and their families to fund the Assad regime, according to a recent report.
Extortion from families of disappeared funded Syria gov’t: Report
Association of Detainees and the Missing in Sednaya Prison report says families were forced to bribe corrupt officers.
French Bank to Pay $8.6 Million to Settle Syria Sanctions Case
Union de Banques Arabes et Françaises agreed to pay the fine to settle its potential civil liability for apparent violations of U.S. sanctions against Syria, the Treasury’s Office of Foreign Assets …
Syrian detainees’ families forced to pay huge bribes to corrupt officials – report
Report says arrest and extortion of Syrian population is major source of funding for Assad regime …
Syrian detainees’ families forced to pay huge bribes to corrupt officials – report
Report says arrest and extortion of Syrian population is major source of funding for Assad regime …
At Least 15 Killed after Militants Attack Bus in Syria: Report
The attack late Sunday resulted in the deaths of eight soldiers, four allied fighters and three civilians, the Britain-based Syrian Observatory for Human Rights said, updating an earlier toll.