The Brief · Free

The Gray List
Brief

The week's sanctions actions, seizures and investigations, and how they connect. Read it in five minutes.

The cards are public. Subscribe to get the full analysis.

Get Gray List Global analysis in your inbox.

Network maps of illicit finance, sanctions and trafficking, sourced and labeled. No spam.

No spam. Unsubscribe in one click.

What you get

The full picture.

Two or three a week

Full analysis

One investigation in depth, in three parts: what happened, the documented result, and the impact on the network. Sent to subscribers when it is ready. The site shows only the card.

The roundup

The Gray List Brief

Three to five of the week's most important developments, each in a few sentences, with one line on what it connects to. The site shows the headlines; the full Brief comes by email.

What a Brief item looks like

The news, then the connection.

Each item gives you the development, the source, and the thread it belongs to, so a single designation or seizure reads as part of a larger network.

Sanctions · Sub-Saharan Africa · Example item

US sanctions Rwanda's Ministry of Defence and a security-linked lender

On 28 October 2026 the US Treasury designated Rwanda's Ministry of Defence and Zigama Credit and Savings Society, a financial institution Treasury says operates on behalf of the security services, citing support for the M23 rebellion in eastern Congo and the movement of gold out of rebel-held areas.

Connects toEarlier US sanctions on a Rwandan gold refinery, and the gold corridor running from eastern Congo through Rwanda and Uganda.

Source: U.S. Department of the Treasury, 28 October 2026

Who it's for

Built for people who follow the money.

Compliance and sanctions teams

Early sight of designations, typologies and the networks behind them.

Maritime and trade analysts

Vessels, routes, ports and flags of convenience tied to illicit flows.

Researchers and journalists

Sourced, linked analysis you can check and build on.

Our standards

Every claim traceable.

  • 01Open sources onlyOfficial records, court filings and published reporting. Nothing else.
  • 02Every claim linkedEach fact links to the record or report it comes from.
  • 03Every link labeledConnections are marked Confirmed, Reported or Inferred.
  • 04Corrected openlyErrors are fixed and noted on the article. Read our disclaimer.

Questions

Is it free?

Yes. Subscribing is free.

How often will I hear from you?

Two or three analyses a week, sent when each is ready, plus the Brief. Nothing else.

Can I read it on the website?

The site shows a card for each analysis: one graphic that maps the finding. The full article, and the full Brief with every connection, are for subscribers.

What happens to my email address?

It is used only to send Gray List Global emails. It is never sold or shared. See our Privacy Policy.

Can I unsubscribe?

Yes, with one click from the bottom of any email.

Get the next Brief

Free. The cards are public. Subscribe to get the full analysis.

Subscribe

Follow the Money

Free Analysis of Illicit Finance, Sanctions and Trafficking

The cards are public. Subscribe to get the full analysis.

No spam. Unsubscribe anytime. Read our privacy policy.

Scroll to Top