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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on February 10, 2025

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    NEW YORK (Reuters) - International Criminal Court Prosecutor Karim Khan is the first person to be hit with economic and travel sanctions authorized by U.S. President Donald Trump that target the war crimes tribunal over investigations of U.S. citizens or U.S. allies.

    Khan, who is British, was named on Monday in an annex to an executive order signed by Trump last week. Reuters reported on Friday that Khan had been designated by Washington.

    The sanctions, which repeat action Trump took during his first term, include freezing of U.S. assets of those designated and barring them and their families from visiting the United States.

    The ICC on Friday condemned the sanctions, pledging to stand by its staff and "continue providing justice and hope to millions of innocent victims of atrocities across the world, in all situations before it."

    Court officials met in The Hague on Friday to discuss the implications of the sanctions.

    The International Criminal Court, which opened in 2002, has international jurisdiction to prosecute genocide, crimes against humanity and war crimes in member states or if a situation is referred by the U.N. Security Council.

    Under an agreement between the United Nations and Washington, Khan should be able to regularly travel to New York to brief the U.N. Security Council on cases it had referred to the court in The Hague. The Security Council has referred the situations in Libya and Sudan's Darfur region to the ICC.

    "We trust that any restrictions taken against individuals would be implemented consistently with the host country's obligations under the U.N. Headquarters agreement," deputy U.N. spokesperson Farhan Haq said on Friday.

    (Reporting by Michelle Nichols and Anthony Deustch; Editing by Chris Reese)

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