Circular to Licensed Corporations and Associated Entities

Anti-Money Laundering / Counter-Terrorist Financing

Anti-Money Laundering and Counter-Terrorist Financing Seminars

The SFC will host three half-day anti-money laundering and counter-terrorist financing (“AML/CFT”) seminars on 27, 28 November and 7 December 2017 respectively. The seminars will be held at the Lecture Theatre, G/F, Hong Kong Central Library, Causeway Bay.

Objectives & Rundown 

The objectives of the seminars are –

• To provide an update on AML/CFT regulatory developments;
• To provide an update on the SFC’s supervisory focus on AML/CFT;
• To discuss supervisory observations on licensed corporations’ implementation of AML/CFT controls; and
• To share money laundering typologies and feedback on the quality of suspicious transaction reporting.

Please refer to Appendix 1 for rundown and speakers of the seminars.

Who should attend

You are invited to nominate relevant management / supervisory personnel and compliance officers to attend. The seminar is free of charge and 3 CPT hours will be offered to those who attend the whole session.

Enrolment

Each firm should only submit one enrolment form. Please complete and return the attached enrolment form (Appendix 2) on or before 10 November 2017 by fax at 2293 4087 or email at aml_seminar@sfc.hk.

Enrolments are subject to a maximum of 2 places per firm. As seats are limited, we will attempt to allocate seats to all nominees listed as first priority in the enrolment forms received by the deadline. Any remaining seats will be allocated to the other nominees and if possible, according to their time of preference on a first come first served basis.

The SFC will send the confirmation slip by email and / or fax directly to successful applicants at least two days before the seminar. Please present your confirmation slip for admission at the venue.

If you have any queries, please contact Ms Kiki Wong at 2231 1569.

Intermediaries Supervision Department
Intermediaries Division
Securities and Futures Commission

Links:

HK SFC Notice

HK SFC Circular

Program

Enrollment Form – Word, PDF

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On Monday, OFAC, in line with the CAATS/CATS Act, issued an amended version of its counter terrorism regulations so that its designation powers could include the Iranian Revolutionary Guard Corps (IRGC).

Links:

OFAC Notice

Global Terrorism Sanctions Regulations

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Press Releases

Link:

HKMA Notice

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Circular to Licensed Corporations and Associated Entities 

Anti-Money Laundering / Counter-Terrorist Financing

Amendments to Anti-Money Laundering and Counter-Terrorist Financing Guidelines

The Securities and Futures Commission (“SFC”) published in the Gazette today (G.N. 1227 of 
2018) Note 1 two revised guidelines, namely:

• Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“the Guideline”); and

• Prevention of Money Laundering and Terrorist Financing Guideline issued by the SFC for Associated Entities (“the Guideline for AEs”),

to incorporate provisions which reflect the relevant amendments in the recently enacted Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 (“the Amendment Ordinance”) Note 2 . 

These provisions are mainly related to the followings:

(a)  aligning the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%”, having regard to the prevailing Financial Action Task Force (“FATF”) standard and international practice;

(b)  introducing flexibility to measures permitted to be taken for verifying a customer’s identity, in the light of technological development in the methods used by financial institutions for obtaining information relating to customers;

(c)  permitting financial institutions to rely on foreign financial institutions within the same financial group as intermediaries to carry out customer due diligence measures;

(d)  reflecting the current criteria relating to wire transfers Note 3 in the FATF recommendations by requiring the recording of basic information about a recipient and, where applicable, an intermediary institution involved in a transaction; and

(e)  changing the record-keeping period from “six years” to “at least five years”.

These revised guidelines will come into effect on 1 March 2018.  Marked-up amendments to the Guideline and the Guideline for AEs are set out in Appendix 1 and Appendix 2 to this circular respectively.

Licensed corporations and associated entities should review their existing policies and procedures in light of the changes in the revised guidelines and take any necessary steps to ensure continued compliance with all applicable requirements of these guidelines.

Should you have any queries regarding the contents of this circular, please contact Ms Kiki Wong on 2231 1569.

Intermediaries Supervision Department
Intermediaries Division
Securities and Futures Commission

Enclosure

End

SFO/IS/011/2018

Links:

HK SFC Notice

HK SFC Circular

Appendix 1, 2

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Earlier today, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation (EU) No 2018/282 by adding the following persons: 

1. YOUSEF, Mohamed, Mazen, Ali

DOB: 17/05/1969. POB: Damascus Countryside, Syria Position: Minister of Industry Other Information: Minister of Industry. Appointed in January 2018. Listed on: 27/02/2018 Last Updated: 27/02/2018 Group ID: 13613.

2. SARA, Imad, Abdullah

DOB: –/–/1968. POB: Damascus, Syria Position: Minister of Information Other Information: Minister of Information. Appointed in January 2018. Listed on: 27/02/2018 Last Updated: 27/02/2018 Group ID: 13614.

to the Syria sanctions list, and amending the following:

1. AYYUB, Ali, Abdullah

Title: Lt. General a.k.a: (1) AYOB, Ali, Abdallah (2) AYOB, Ali,

Abdullah (3) AYOUB, Ali, Abdallah (4) AYOUB, Ali, Abdullah (5) AYUB, Ali, Abdallah (6) AYUB, Ali , Abdullah (7) AYYOUB, Ali, Abdallah (8) AYYOUB, Ali , Abdullah (9) AYYUB, Ali, Abdallah DOB: 1952 POB: Lattakia, Syria Position: Minister of Defence. Appointed in January 2018. Other Information: Officer of the rank of General in the Syrian Army, in post after May 2011. Former Chief of General Staff of the Syrian Armed Forces. Chief of General Staff of the Syrian Arab Army Listed on: 15/11/2011 Last Updated: 01/10/2016 27/02/2018 Group ID: 12211.

2. AL-FURAYJ, Fahd, Jasim

Title: Lt. General DOB: 01/01/1950. POB: Hama, Syria a.k.a: (1) AL-FREIJ, Jasem (2) AL-FREIJ, Jasim (3) AL-FREIJ, Jassimm (4) AL-FURAYJ, Fahd,

Jassem (5) AL-FURAYJ, Jasem (6) AL-FURAYJ, Jasim (7) AL-FURAYJ,

Jassim Position: Minister of Defence and Deputy Commander in Chief of the Syrian Armed Forces Other Information: Former Minister of Defence and Deputy Commander in Chief of the Syrian Armed Forces Listed on: 16/10/2012 Last Updated: 01/10/2016 27/02/2018 Group ID: 12763.

3. AL-SHARIF, Ammar

a.k.a: (1) AL SHAREEF, Ammar (2) AL-CHARIF, Amar (3) AL-SHARIF,

Amar (4) CHARIF, Ammar (5) SHARIF, Ammar (6) SHERIF, Ammar (7) SHERIF, Ammar, Medhat DOB: 26 June 1969 POB: Lattakia Nationality: Syrian Passport: Number: 010312413, issue number: 002-15-L093534, date of issue: 14 July 2015, place of issue: Damascus-Centre, expiry date: 13 July 2021. National Insurance Number: 060-10276707 Other Information: Leading Syrian businessman operating in Syria, active in the banking, insurance and hospitality sectors. Founding partner of Byblos Bank Syria, major shareholder in Unlimited Hospitality Ltd and board member of the Solidarity Alliance Insurance Company and the Al- Aqueelah Takaful Insurance Company. Listed on: 28/10/2016 Last Updated: 28/10/2016 27/02/2018 Group ID: 13385.

4. TOURJMAN, Mohammed, Ramez

DOB: –/–/1966. POB: Damascus, Syria a.k.a: (1) TOURJMAN, Mohamed, Ramez (2) TOURJMAN, Mohammad, Ramez (3) TOURJMAN, Muhammad, Ramez (4) TOURJUMAN, Mohamed (5) TOURJUMAN,

Mohammad (6) TOURJUMAN, Mohammed (7) TOURJUMAN,

Muhammad Position: Information Minister Other Information: Former Minister of Information Listed on: 14/11/2016 Last Updated: 15/11/2016 27/02/2018 Group ID: 13400.

5. AL-HAMU, Ahmad

DOB: –/–/1947. a.k.a: AL-HAMO, Ahmad Position: Minister for Industry Other Information: Former Minister for Industry Listed on: 14/11/2016 Last Updated: 15/11/2016 27/02/2018 Group ID: 13406.

Note: I now get update notices from GOV.,UK, which notify me (and you) of changes to HM Treasury lists, etc, well before HM Treasury sends out its own email. You should consider subscribing if timeliness is more mission-critical.

Links:

HMT Notice

Council Implementing Regulation (EU) No 2018/282

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Today, OFAC added the following people: 

AL-BARNAWI, Abu Musab (a.k.a. “YUSUF, Habib”), Nigeria; DOB 1991; alt. DOB 1990; alt. DOB 1992; alt. DOB 1993; alt. DOB 1994; alt. DOB 1995 (individual) [SDGT]. 

 

MOALIM, Mahad, Bari region, Somalia; DOB 1975 to 1978 (individual) [SDGT].

and entities: 

ISIS-BANGLADESH (a.k.a. ABU JANDAL AL-BANGALI; a.k.a. CALIPHATE IN BANGLADESH; a.k.a. CALIPHATE’S SOLDIERS IN BANGLADESH; a.k.a. ISLAMIC STATE BANGLADESH; a.k.a. ISLAMIC STATE IN BANGLADESH; a.k.a. KHALIFAH’S SOLDIERS IN BENGAL; a.k.a. NEO-JAMAAT-UL MUJAHIDEEN BANGLADESH; a.k.a. SOLDIERS OF THE CALIPHATE IN BANGLADESH; a.k.a. “ISB”; a.k.a. “ISISB”; a.k.a. “NEO-JMB”; a.k.a. “NEW-JMB”), Dhaka, Bangladesh; Rangpur, Bangladesh; Sylhet, Bangladesh; Jhenaidah, Bangladesh; Singapore [FTO] [SDGT]. 

 

ISIS-EGYPT (a.k.a. IS EGYPT; a.k.a. IS-EGYPT; a.k.a. ISLAMIC STATE EGYPT; a.k.a. ISLAMIC STATE IN EGYPT), Egypt [SDGT]. 

 

ISIS-PHILIPPINES (a.k.a. DAWLATUL ISLAMIYAH WALIYATUL MASRIK; a.k.a. DAWLATUL ISLAMIYYAH WALIYATUL MASHRIQ; a.k.a. IS EAST ASIA DIVISION; a.k.a. IS PHILIPPINES; a.k.a. ISIL IN THE PHILIPPINES; a.k.a. ISIL PHILIPPINES; a.k.a. ISIS BRANCH IN THE PHILIPPINES; a.k.a. ISIS IN THE PHILIPPINES; a.k.a. ISIS PHILIPPINE PROVINCE; a.k.a. ISLAMIC STATE IN IRAQ AND SYRIA IN SOUTH-EAST ASIA; a.k.a. ISLAMIC STATE IN THE PHILIPPINES; a.k.a. “DIWM”; a.k.a. “ISP”), Basilan, Philippines; Lanao del Sur Province, Philippines [FTO] [SDGT]. 

 

ISIS-SOMALIA (a.k.a. ABNAA UL-CALIPHA; a.k.a. ISIS IN EAST AFRICA; a.k.a. ISLAMIC STATE IN SOMALIA; a.k.a. “ISS”), Puntland Region, Somalia [SDGT]. 

 

ISIS-WEST AFRICA (a.k.a. ISIS WEST AFRICA; a.k.a. ISIS WEST AFRICA PROVINCE; a.k.a. ISLAMIC STATE OF IRAQ AND SYRIA WEST AFRICA PROVINCE; a.k.a. ISLAMIC STATE OF IRAQ AND THE LEVANT-WEST AFRICA; a.k.a. ISLAMIC STATE WEST AFRICA PROVINCE; a.k.a. “ISIL-WA”; a.k.a. “ISIS-WA”; a.k.a. “ISISWAP”), Nigeria [FTO] [SDGT]. 

 

JUND AL-KHILAFAH IN TUNISIA (a.k.a. DAESH TUNISIA; a.k.a. ISIS-TUNISIA; a.k.a. ISIS-TUNISIA PROVINCE; a.k.a. JUND AL-KHILAFAH FI TUNIS; a.k.a. SOLDIERS OF THE CALIPHATE IN TUNISIA; a.k.a. TALA I JUND AL-KHILAFAH; a.k.a. “AJNAD”; a.k.a. “JUND AL KHILAFAH”; a.k.a. “JUND AL-KHILAFA”; a.k.a. “SOLDIERS OF THE CALIPHATE”; a.k.a. “VANGUARDS OF THE SOLDIERS OF THE CALIPHATE”), Tunisia [SDGT]. 

 

MAUTE GROUP (a.k.a. ISLAMIC STATE OF LANAO; a.k.a. IS-RANAO), Lanao del Sur, Philippines [SDGT].

to its counter terrorism sanctions list.

Link:

OFAC Notice

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Circular to Licensed Corporations and Associated Entities 

Anti-Money Laundering / Counter-Terrorist Financing 

United Nations Sanctions (Democratic People’s Republic of Korea) Regulation 

Further to our circular issued on 20 February 2018 Note 1 regarding the amendment by the United Nations Security Council committee which administers the sanctions regime relating to the Democratic People’s Republic of Korea of its sanctions list, an updated list specifying “relevant persons and entities” under section 31 of the United Nations Sanctions (Democratic People’s Republic of Korea) Regulation (Cap. 537AE) was published in the Gazette on 23 February 2018 (G.N. 1233 of 2018) Note 2 to reflect the amended sanctions list mentioned above.

Licensed corporations (“LCs”) and associated entities (“AEs”) are reminded to refer to Chapter 6 of the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“AML Guideline”) which contains guidance on the appropriate measures that LCs and AEs should take to ensure compliance with the regulations made under the United Nations Sanctions Ordinance (Cap.537) Note 3.  The Securities and Futures Commission (“SFC”) expects all new designations to be screened by LCs and AEs against their client lists as soon as practicable whenever there are updates.  LCs and AEs are also reminded to report any transactions or relationships they have or have had with any designated person or entity to the Joint Financial Intelligence Unit.

Should you have any queries regarding the contents of this circular, please contact Ms Kiki Wong on 2231 1569.

Intermediaries Supervision Department
Intermediaries Division
Securities and Futures Commission

End

SFO/IS/012/2018

Links:

HK SFC Notice

HK SFC Circular

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Press Releases

Link:

HKMA Alert

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Yesterday, Her Majesty’s Treasury (HMT) implemented Council Regulation (EU) No 2018/285 by removing the following three duplicate individualNorth Korea sanctions listings:

1. PAK Yong-Sik

Title: Four Star General a.k.a: PAK, Yong, Sik Position: Member of the State Security Department Other Information: Annex XV EU not UN Listing. Minister of Defence. Member of the Central Military Commission of the Workers Party of Korea and of the National Defence Commission. Responsible for supporting or promoting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. Listed on: 20/05/2016 Last Updated: 15/09/2017 28/02/2018 Group ID: 13371.

2. SIK Kim Jong

Position: Vice Director, Munitions Industry Department in Military Industry Ministry Other Information: As Vice Director of the Munitions Industry Department, provides support for DPRK’s nuclear-related and ballistic missile- related programmes. Annex XV. Listed on: 16/10/2017 Last Updated: 17/10/2017 28/02/2018 Group ID: 13545.

3. CHOE Chun-Sik

DOB: 23/12/1963. POB: Pyongyang, DPRK a.k.a: CHOE, Chun, Sik Passport Details: Passport No 745132109. Valid until 12.2.2020 Position: Director in the reinsurance department of Korea National Insurance Corporation (KNIC) Headquarters in Pyongyang Other Information: Annex XV EU Listing not UN .Continues to act for or on behalf of KNIC or at its direction. Listed on: 03/07/2015 Last Updated: 15/09/2017 28/02/2018 Group ID: 13257.

And one duplicate entity listing, also for the DPRK sanctions program:

1. MINISTRY OF PEOPLE’S ARMED FORCES

Other Information: Responsible for providing support and direction to the DPRK’s Strategic Rocket Force which controls the DPRK’s nuclear and conventional strategic missile units. Annex XV. Listed on: 16/10/2017 Last Updated: 17/10/2017 28/02/2018 Group ID: 13547.

Links:

HMT Notice

Council Regulation (EU) No 2018/285

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Reissuance of North Korea Sanctions Regulations

3/1/2018

 

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is announcing the amendment and reissuance in its entirety of the North Korea Sanctions Regulations, 31 C.F.R. part 510, in order to implement Executive Order (E.O.) 13687, E.O. 13722, and E.O. 13810, and to reference the North Korea Sanctions and Policy Enhancement Act of 2016 and the Countering America’s Adversaries Through Sanctions Act of 2017.  Pursuant to these authorities, all property and interests in property of the Government of North Korea and the Workers’ Party of Korea are blocked, and U.S. persons are generally prohibited from engaging in transactions with them without authorization from OFAC and must block property or interests in property that are in, or come within, the United States or the possession of a U.S. person.  In addition, these authorities provide the Secretary of the Treasury, in consultation with the Secretary of State, additional tools to disrupt North Korea’s ability to fund its weapons of mass destruction and ballistic missile programs.  OFAC is also publishing new and updated North Korea-related FAQs.

 

The Regulations and the FAQs emphasize that all U.S. persons must comply with OFAC regulations, including all U.S. citizens and permanent resident aliens regardless of where they are located, all individuals and entities within the United States, and all U.S.-incorporated entities and their foreign branches.  Furthermore, all transactions within the United States, including all financial transactions that transit the U.S. financial system, must comply with OFAC regulations.  For additional information, see FAQ 11 and 31 C.F.R. part 510, subpart G.

 

Violations of the North Korea Sanctions Regulations, issued under the authority of the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701-06 (IEEPA), and other statutes can result in substantial civil monetary penalties, referral for criminal prosecution, or both.  Each violation of the North Korea Sanctions Regulations is subject to a civil monetary penalty of up to the greater of the IEEPA statutory maximum ($289,238 as of March 1, 2018) or twice the value of the underlying transaction.  Criminal penalties of IEEPA can reach $1,000,000 and 20 years imprisonment per violation.  For additional information, see FAQ 12 and 31 C.F.R. part 510, subpart G. 

 

For additional information regarding OFAC’s prohibitions and penalties, see Basic Information on OFAC and Sanctions. 

 

The regulations will be published in the Federal Register, and the changes will take effect, on: March 5, 2018.  

 

Further information about the North Korea sanctions may be found at: https://www.treasury.gov/resource-center/sanctions/Programs/pages/nkorea.aspx

Links:

OFAC Notice

North Korea Sanctions Regulations

North Korea-related FAQs

FAQ 11

FAQ 12

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Last Thursday, the EU and Her Majesty’s Treasury (HMT) corrected the following Venezuela sanctions listing:

GONZALEZ LOPEZ Gustavo Enrique Ganzalez

DOB: 02/11/1960. Position: Head of the Bolivian Bolivarian National Intelligence Service (SEBIN) Other Information: EU-only listing. Listed on: 22/01/2018 Last Updated: 22/01/2018 01/03/2018 Group ID: 13581.

Link:

HMT Notice

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The latest circular from the Hong Kong Securities and Futures Commission (HK SFC) announces changes to the United Nations counter terrorism list. In a  change from previous circular of this type, the circular provides a link to the list changes in the Hong Kong goverrnmetn Gazette instead of attaching a PDF of the UN web notices.

Links:

HK SFC Notice

HK SFC Circular

Gazette Notice of list changes

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Office of Financial Sanctions Implementation

OFSI launches blog        Today, OFSI launches a new blog to raise awareness of financial sanctions. If you’d like to know more about how we implement financial sanctions, please visit our blog page and follow us for regular updates.  Our initial posts include an introduction to OFSI, an overview of current financial sanctions regimes and the North Korea financial sanctions regime.

Link:

OFSI blog

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Misappropriation of Ukrainian state funds: EU prolongs asset freezes against 13 persons by one year

On 5 March 2018, the Council extended until 6 March 2019 the asset freezes against 13 persons identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds. The restrictive measures against two persons were not extended. This decision was based on the annual review of the measures.  

The measures were initially introduced in March 2014 and extended on a yearly basis since then.

The legal acts will be published in the Official Journal on 6 March 2018.

Link:

EU Notice

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On Monday, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation (EU) No 2018/324 by amending the following individual designated under the North Korea sanctions program:

YONG Ri Su

DOB: 25/06/1968. Nationality: DPRK Passport Details: Passport no.: 654310175 Address: Cuba. Other Information: UN Ref KPi.052. Annex XIII [UN Listing (formerly temporary listing, in accordance with Policing and Crime Act 2017]. Official for Korea Ryonbong General Corporation, specializes in acquisition for Democratic People’s Republic of Korea’s defence industries and support to Pyongyang’s military-related sales. Its procurements also probably support the Democratic People’s Republic of Korea’s chemical weapons programme. Served as Korea Ryonbong General Corporation representative in Cuba. Listed on: 05/06/2017 Last Updated: 15/09/2017 06/03/2018 Group ID: 13482.

Links:

HMT Notice

Council Implementing Regulation (EU) No 2018/324

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Yesterday, OFAC added the following persons: 

AVILA ROCHA, Maria Monserrat (Latin: ÁVILA ROCHA, María Monserrat) (a.k.a. AVILA DE LA ROCHA, Maria Monserrate; a.k.a. AVILA ROCHA, Maria Monserrate), Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 11 Feb 1960; citizen Mexico; Gender Female; I.F.E. AVRCMN60021125M800 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

RIVERA GUERRERO, Raquel, Genaro Estrada, Sinaloa, Sinaloa, Mexico; DOB 29 Aug 1987; POB Sinaloa, Sinaloa, Mexico; citizen Mexico; Gender Female; R.F.C. RIGR8708294Z0 (Mexico); C.U.R.P. RIGR870829MSLVRQ04 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

RIVERA SANDOVAL, Reyna Isabel, Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 01 Nov 1980; POB Sinaloa, Sinaloa, Mexico; citizen Mexico; Gender Female; R.F.C. RISR801101P90 (Mexico); C.U.R.P. RISR801101MSLVNY00 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

RUELAS AVILA, Jose Maria (Latin: RUELAS ÁVILA, José María), Mexico; DOB 15 Aug 1977; POB Guasave, Sinaloa, Mexico; citizen Mexico; Gender Male; R.F.C. RUAM770815791 (Mexico); C.U.R.P. RUAM770815HSLLVR05 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

RUELAS AVILA, Patricia Lourdes (Latin: RUELAS ÁVILA, Patricia Lourdes), Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 07 Apr 1983; POB Sinaloa, Sinaloa, Mexico; citizen Mexico; Gender Female; R.F.C. RUAP830407MS8 (Mexico); C.U.R.P. RUAP830407MSLLVT03 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

RUELAS AVILA, Trinidad (Latin: RUELAS ÁVILA, Trinidad), Genaro Estrada, Sinaloa, Sinaloa, Mexico; DOB 06 Aug 1989; POB Sinaloa, Sinaloa, Mexico; citizen Mexico; Gender Male; R.F.C. RUAT890806BA4 (Mexico); C.U.R.P. RUAT890806HSLLVR06 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

SANCHEZ MEDRANO, Cruz (Latin: SÁNCHEZ MEDRANO, Cruz) (a.k.a. “CRUZITA”), Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 01 Nov 1980; POB Sinaloa, Sinaloa, Mexico; citizen Mexico; Gender Female; R.F.C. SAMC790809JD5 (Mexico); C.U.R.P. SAMC801101MSLNDR06 (Mexico) (individual) [SDNTK] (Linked To: CRUZITA NOVEDADES; Linked To: DISPERSORA GAEL, S.A. DE C.V.; Linked To: COMERCIALIZADORA GAEL 4, S.A. DE C.V.; Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). 

 

SANCHEZ MEDRANO, Pedro (Latin: SÁNCHEZ MEDRANO, Pedro), Genaro Estrada, Sinaloa, Sinaloa, Mexico; DOB 05 Nov 1976; POB Los Mochis, Ahome, Sinaloa, Mexico; citizen Mexico; Gender Male; R.F.C. SAMP761105FK4 (Mexico); C.U.R.P. SAMP761105HSLNDD01 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION).

and entities: 

AGRICOLA RUELAS, S.P.R. DE R.I. (a.k.a. “AGRICOLA RUELAS”, SOCIEDAD DE PRODUCCION RURAL DE RESPONSABILIDAD ILIMITADA), Av. Victor C Miranda SN, Genaro Estrada Poste 112, Sinaloa, Sinaloa C.P. 81960, Mexico; Poblado Genaro Estrada, Municipio de Sinaloa, Sinaloa, Mexico; R.F.C. ARU010206T27 (Mexico); National ID No. 25RQ00000933 (Mexico); Folio Mercantil No. C 4892138 (Mexico) [SDNTK]. 

 

ALONDRA PRODUCE, S.P.R. DE R.I. (a.k.a. “ALONDRA PRODUCE”, SOCIEDAD DE PRODUCCION RURAL DE RESPONSABILIDAD ILIMITADA), Genaro Estrada, Municipio de Sinaloa, Sinaloa, Mexico; Business Registration Document # CUD: A201404010921001167 (Mexico) [SDNTK]. 

 

COMERCIALIZADORA GAEL 4, S.A. DE C.V. (a.k.a. COMERCIALIZADORA GAEL 4, SOCIEDAD ANONIMA DE CAPITAL VARIABLE), Poblado Genaro Estrada, Sinaloa, Sinaloa, Mexico; Business Registration Document # CUD: A201510131236131441 (Mexico); Folio Mercantil No. 178794 (Mexico) [SDNTK]. 

 

CONSTRUCTORA JOEL, S.A. DE C.V., Calle 14, Poste 111, Trinidad Fuentes Ruperto, Genaro Estrada, Municipio de Sinaloa, Sinaloa, Mexico; Genaro Estrada, Sinaloa, Sinaloa, Mexico; Business Registration Document # CUD: A201309051409325760 (Mexico); Folio Mercantil No. 168964 (Mexico) [SDNTK]. 

 

CONSTRUCTORA VANIA, S.A. DE C.V., Calle 14, Poste 111, Trinidad Fuentes Ruperto, Genaro Estrada, Municipio de Sinaloa, Sinaloa, Mexico; Genaro Estrada, Sinaloa, Sinaloa, Mexico; Business Registration Document # CUD: A201309051410465765 (Mexico); Folio Mercantil No. 168954 (Mexico) [SDNTK]. 

 

CRUZITA NOVEDADES (a.k.a. NOVEDADES CRUZITA), Sinaloa, Sinaloa 81960, Mexico [SDNTK]. 

 

DISPERSORA GAEL, S.A. DE C.V., Poblado Genaro Estrada, Sinaloa, Sinaloa, Mexico; Business Registration Document # CUD: A201405281136157818 (Mexico); Folio Mercantil No. 172714 (Mexico) [SDNTK]. 

 

FELIXTAPIA, S.C. DE R.L. DE C.V., Sinaloa de Leyva, Sinaloa, Mexico; Business Registration Document # CUD: A201501211805106744 (Mexico); Folio Mercantil No. 175774 (Mexico) [SDNTK]. 

to its counter narcotics trafficking sanctions. 

Additionally, the folliowing designations were updated:

RIVERA SANDOVAL, Hector Librado (Latin: RIVERA SANDOVAL, Héctor Librado), La Playita, Sinaloa, Sinaloa, Mexico; DOB 03 Jun 1982; POB Sinaloa, Sinaloa, Mexico; nationality Mexico; Gender Male; C.U.R.P. RISH820603HSLVNC07 (Mexico); RFC RISH820603V75 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). -to- RIVERA SANDOVAL, Hector Librado (Latin: RIVERA SANDOVAL, Héctor Librado), La Playita, Sinaloa, Sinaloa, Mexico; DOB 03 Jun 1982; POB Sinaloa, Sinaloa, Mexico; nationality Mexico; Gender Male; C.U.R.P. RISH820603HSLVNC07 (Mexico); RFC RISH820603V75 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION; Linked To: FELIXTAPIA, S.C. DE R.L. DE C.V.). 

 

RUELAS AVILA, Joel Efren (Latin: RUELAS ÁVILA, Joel Efren), Calle 10 Sin Numero, Localidad Genaro Estrada, Sinaloa, Mexico; DOB 20 Sep 1978; POB Guasave, Sinaloa, Mexico; nationality Mexico; Gender Male; R.F.C. RUAJ780920C10 (Mexico); C.U.R.P. RUAJ780920HSLLVL02 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). -to- RUELAS AVILA, Joel Efren (Latin: RUELAS ÁVILA, Joel Efren), Calle 10 Sin Numero, Localidad Genaro Estrada, Sinaloa, Mexico; DOB 20 Sep 1978; POB Guasave, Sinaloa, Mexico; nationality Mexico; Gender Male; R.F.C. RUAJ780920C10 (Mexico); C.U.R.P. RUAJ780920HSLLVL02 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION; Linked To: CONSTRUCTORA JOEL, S.A. DE C.V.; Linked To: CONSTRUCTORA VANIA, S.A. DE C.V.). 

 

RUELAS AVILA, Jose Luis (Latin: RUELAS ÁVILA, José Luis), C 14 S/N, Loc Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 11 Mar 1981; POB Sinaloa, Sinaloa, Mexico; nationality Mexico; Gender Male; R.F.C. RUAL810311933 (Mexico); C.U.R.P. RUAL810311HSLLVS02 (Mexico); I.F.E. RLAVLS81031125H800 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION). -to- RUELAS AVILA, Jose Luis (Latin: RUELAS ÁVILA, José Luis), C 14 S/N, Loc Genaro Estrada, Sinaloa, Sinaloa 81960, Mexico; DOB 11 Mar 1981; POB Sinaloa, Sinaloa, Mexico; nationality Mexico; Gender Male; R.F.C. RUAL810311933 (Mexico); C.U.R.P. RUAL810311HSLLVS02 (Mexico); I.F.E. RLAVLS81031125H800 (Mexico) (individual) [SDNTK] (Linked To: RUELAS TORRES DRUG TRAFFICKING ORGANIZATION; Linked To: ALONDRA PRODUCE, S.P.R. DE R.I.).  

Link:

OFAC Notice

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OFSI updates legal services guidance

As part of its ongoing review of licensing policy, OFSI has updated its operational policy on licensing legal services.

OFSI’s updated guidance now states that obtaining a licence is encouraged, rather than mandated, in advance of providing substantive legal services. No payment for legal services by, or on behalf of, a designated person should be received in the absence of a licence from OFSI.

This revised approach is aligned to EU legislation which contains a licensing ground enabling OFSI to permit payment of reasonable legal fees and expenses – from frozen funds or third party funds – on behalf of a designated person.

Frequently Asked Questions 3.4.1 and 3.4.2 in the general guidance have been updated to reflect this change.

Link:

Financial sanctions: general guidance

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Yesterday, Her Majesty’s Treasury implemented Council Implementing Regulation (EU) No 2018/325 by amending the following individual Central African Republic (CAR) sanctions listing:

BOZIZE Francois Yangouvonda

Title: Professor DOB: (1) 14/10/1946 (2)16/12/1948. POB: a) Mouila, Gabon b) Izo, South Sudan a.k.a: (1) BOZIZE, Yangouvonda (2) MUDDE, Samuel,

Peter Nationality: a) Central African Republic b) South

Sudan Address: Uganda. Passport Details: Passport no: D00002264, issued on 11 June 2013 (issued by the Minister of Foreign Affairs in Juba, South Sudan. Expires on 11 June 2017. Diplomatic passport issued under name Samuel Peter Mudde) National Identification no: M4800002143743 (Personal number on passport) Other Information: UN Ref: CFi.001. Mother’s name is Martine Kofio. Former Head of State Central African Republic Listed on: 24/06/2014 Last Updated: 04/12/2014 06/03/2018 Group ID: 12998.

Links:

HMT Notice

Council Implementing Regulation (EU) No 2018/325

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Acording to the website, this is an annual report, but this one covers 2 years, since none was published last year. Mr. Watchlist will puiblish any particularly interesting bits but, for now, I’m just posting a link so you have access to it.

Link:

HM Treasury Report

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Yesterday, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation (EU) No 2018/326 by removing the following persons from its Ukraine (Misappropriation and Human Rights) sanctions: 

LUKASH, OLENA, LEONIDIVNA

DOB: 12/11/1976. POB: Ribnita, Moldova a.k.a: LUKASH, Elena, Leonidovna Other Information: Former Minister of Justice Listed on: 06/03/2014 Last Updated: 08/06/2015 06/03/2018 Group ID: 12900.

KLIUIEV, SERHII, PETROVYCH

DOB: 19/08/1969. POB: Donetsk a.k.a: KLYUYEV, Serhiy, Petrovych Other Information: Businessman. Brother of Mr. Andrii Kliuiev Listed on: 06/03/2014 Last Updated: 09/03/2015 06/03/2018 Group ID: 12901.

and amending an additional listing:

KURCHENKO, SERHIY, VITALIYOVYCH Vitalyovych

DOB: 21/09/1985. POB: Kharkiv Other Information: Businessman Listed on: 06/03/2014 Last Updated: 09/03/2015 0603/2018 Group ID: 12906.

Links:

HMT Notice

Council Implementing Regulation (EU) No 2018/326

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