Sanctions Ordinance Against Taliban-Associated Individuals and Groups
Switzerland has updated its sanctions ordinance against individuals and groups associated with the Taliban, following amendments by the UN sanctions committee. The SESAM database has been updated, and formal corrections were made to existing entries.
Illinois Issues Cease and Desist Order to Kirk J. Reeves
The Illinois Department of Financial and Professional Regulation has issued a cease and desist order against Kirk J. Reeves for operating businesses using the terms "bank" and "trust" without proper authorization. The order cites violations of the Illinois Banking Act and the Corporate Fiduciary Act.
FinCEN Geographic Targeting Order for Southwest Border MSBs
The Financial Crimes Enforcement Network (FinCEN) has issued a Geographic Targeting Order (GTO) imposing recordkeeping and reporting requirements on certain Money Services Businesses (MSBs) along the U.S. Southwest border. This rule specifically targets transactions between $1,000 and $10,000.
EU Ambassadors Conference Speech by President António Costa
President António Costa delivered a speech at the EU Ambassadors Conference on March 10, 2026, emphasizing the importance of a unified EU foreign policy in a multipolar world. He highlighted the need to defend the rules-based international order and address global challenges, including conflicts in Ukraine and the Middle East.