Kharon

Despite a temporary easing of certain U.S. restrictions on Russian oil in an effort to stabilize global energy markets, multilateral sanctions and export controls targeting Russia remain among the most complex and fast-moving regulatory regimes in modern history. Take a look at Kharon's latest article to learn more about: • The complexity of the Russia sanctions and export controls ecosystem • The continued risk of export controls and evasion • Russia's sanctions and export controls circumvention methodologies • Building a comprehensive Russia sanctions compliance program Learn how you can navigate global compliance risks with Kharon: bit.ly/3PeCykZ

The U.S. has battered key Iranian revenue sources with sanctions since 2018, fostering the economic crisis that fueled widespread protests and influenced the Trump administration’s decision last month to strike. See how that U.S. sanctions buildup unfolded: bit.ly/3PNinut

Connect with Kharon’s Howard Mendelsohn, who will be hosting a panel discussion at NielsonSmith’s upcoming conference. We also invite you to visit our table to learn more about our compliance and export controls solutions for the public sector. Learn more: bit.ly/3PtdNkZ

Kharon will join Ripjar and Celent for a webinar on March 24 at 9 AM ET to discuss the changing AML and screening landscape and practical steps institutions can take to mitigate financial crime risk. Register today: bit.ly/4btl7o1

While China has cast itself during the conflict in Iran as an outside “force of peace,” its years of extensive oil trading are enabling Iran to fund its fighting, experts say. Kharon research and U.S. sanctions designations reveal the role that Chinese actors play in Iran’s oil trade—from small “teapot” refineries to shadow-fleet tankers to front-company financiers. Get the full picture: bit.ly/4sPVFQR

Kharon will be exhibiting at EECARO’s Annual Conference. Visit our table to discover how our platform helps leading institutions safeguard sensitive academic and national security research. Meet with us: bit.ly/4rTt4cF

Global supply chain opacity and rising enforcement pressure are increasing the complexity of forced labor compliance. Check out our on-demand webinar with @Z2Data to learn more about the forces reshaping the forced labor compliance landscape. Watch now: bit.ly/3PaWgOw

Beijing’s largest annual political meetings, which wrapped up Thursday, signaled both a determined push for advanced-tech self-sufficiency and a shift from its reactive posture in its rivalry with the West. Read more: bit.ly/414qRji

Iran has choked off the Strait of Hormuz, but certain ships are reportedly getting a pass to keep Iranian crude flowing to China, which absorbs around 90% of Tehran's oil exports. Kharon research traced the hidden networks behind that critical trade at three key steps. Read more: bit.ly/4rwfeMW

After being added to the Entity List in 2022 for supporting China’s “military modernization,” Shanghai Micro Electronics Equipment (SMEE) spun off a new entity, AMIES Technology. A Kharon review found that this new company rapidly acquired thousands of SMEE’s patents and two of its subsidiaries, without being subject to the same export controls. Get the full story: bit.ly/4bDiste

Kharon’s Charlie Heidlage and Cole Thomas will be exhibiting at the 16th Forum on Global Encryption, AI, Cloud & Cyber Export Controls in San Francisco, California. Stop by our booth to hear how we can empower your team in navigating the next era of export controls. Learn more: bit.ly/4utYMQe

Join Kharon and Z2Data this Thursday to discuss emerging forced labor risk and compliance trends, and explore how integrated intelligence supports a stronger, more efficient due diligence program. Register today: bit.ly/4ln1N0v

In late-February, Mexican special forces conducted a raid that killed cartel kingpin Nemesio Oseguera Cervantes, known as “El Mencho,” in Jalisco state. A Kharon review found that El Mencho’s daughter, a dual U.S.-Mexican citizen, went to prison in part for managing his apparent Tapalpa cabin hideout, which the U.S. had flagged for providing “financial support” to the cartel and its drug trafficking. Learn more: bit.ly/4roRZ7k

FinCEN’s big anti-money-laundering penalty last week was its largest ever against a broker-dealer for Bank Secrecy Act violations. For financial institutions, it’s also a lesson. Learn more: bit.ly/4llvXRD

Global 50% rules introduce a unique compliance challenge, as entities are often majority-owned by sanctioned parties through dynamic, indirect ownership structures. Ownership chains frequently cross jurisdictions, adding complexity to ownership determination. Our latest article dives into: • The intricacies of global sanctions ownership rules; • A comparison of regulatory variations; and • How an intelligence-led approach can help organizations navigate complex ownership dynamics and ensure effective compliance. Learn more: bit.ly/40odlH5

Subscribe to Kharon on YouTube for critical insights on sanctions and compliance risks, supply chain exposure, export controls, and more: youtube.com/channel/UCGXfM…

A Kharon investigation reveals that 29 Western-sanctioned vessels have reflagged to Oman in an effort to bypass international trade restrictions. A hotel in Dubai connects the vessels’ managers to owners in Russia and the Seychelles, and to state-owned shipping giant Sovcomflot. To learn more, see our latest short video from The Brief at the link below. bit.ly/4aRWvq6

At Kharon, navigating global risk requires more than just data - it requires a team dedicated to excellence. We are expanding our team and looking for innovators who want to shape the future of global security. Join our mission in one of these key positions: • Channel Services Manager - Denver, Colorado or Washington, DC • Research Analyst, Data Ops - Washington, DC • Research Analyst, Arabic - Washington, DC • Marketing Operations Manager - Denver, Colorado Apply today: bit.ly/3P3eCRm

Treasury Secretary Scott Bessent announced this week that the U.S. was issuing a 30-day waiver to allow Indian refiners to purchase Russian oil, to “enable oil to keep flowing into the global market” amid the war in Iran. Kharon research last fall traced how Russian oil had flowed to India in vast quantities since the invasion of Ukraine—until a trade deal with the U.S. last month cut it off. State-owned enterprises and UAE middlemen, we found, drove the trade: bit.ly/4rP3hTu

The U.S. added China’s national champion of lithography machines, Shanghai Micro Electronics Equipment (SMEE), to the Entity List in 2022 for supporting China’s “military modernization.” Then, with its business appearing to stall, SMEE last year spun off a new company, AMIES Technology, that was not subject to those same export controls—and that rapidly acquired thousands of SMEE’s patents and two of its subsidiaries, a Kharon review found. Read more: bit.ly/4srQ96F