China and Russia blocked sanctions against North Korea

It was previously reported that the US proposed sanctions to North Korea for violation of the petrochemical limit imposed were to be adopted.

The reported information noted that US official held prior consultations with Chinese and Russian representatives in order to endure that sanctions will be approved.

Nonetheless, the meeting of the security council of the UN ended with Russia and China blocking the proposed sanctions.



Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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