On March 16th, the Hong Kong Securities and Futures Commission (HK SFC) issued a AML/CTF Circular announcing changes to Hong Kong’s anti terrorism and Somalia sanctions lists, as initially promulgated by the corresponding United Nations Sanctions Committees. The footnotes to the circular provide the URLs of the notices in Hong Kong’s government Gazette.
Links:
Gazette Notices – Anti Terrorism, Somalia
Earlier today, Her Majesty’s Treasury (HMT) added the following person:
YUAN, TSAN, YUNG
DOB: 20/10/1957. a.k.a: (1) TSANG, Neil (2) TSANG, Yun, Yuan Passport Details: Number 302001581 Other Information: UN Ref KPi.080. Has coordinated North Korean coal exports with a North Korean broker operating in a third country and has a history of sanctions evasion activities. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13625.
And entities:
CHANG AN SHIPPING & TECHNOLOGY
a.k.a: CHANG AN SHIPPING AND TECHNOLOGY Address: Room 2105, DL1849, Trend Centre, 29-31 Cheung Lee Street, Chai Wan, Hong Kong, China. Other Information: UN Ref KPe.055. Registered owner, ship manager, and commercial manager of Panama- flagged vessel HUA FU, a cargo ship that loaded DPRK coal at Najin, DPRK on September 24, 2017. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13626.
CHONMYONG SHIPPING CO
a.k.a: CHON MYONG SHIPPING COMPANY LIMITED Address: (1) Kalrimgil 2-dong, Mangyongdae-guyok, Pyongyang, DPRK (2) Saemaul 2-dong, Pyongchon-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.056. Registered owner of CHON MYONG 1, a DPRK-flagged vessel that conducted ship-to-ship transfer of fuel in late December 2017. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13627.
FIRST OIL JV CO LTD
Address: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.057. Owner of the DPRK tanker PAEK MA, which was involved in ship to ship transfer operations for oil in mid-January 2018. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13628.
HAPJANGGANG SHIPPING CORP
Address: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: KPe.058. Registered owner of the DPRK tanker NAM SAN 8, which is believed to have been involved in ship to ship transfer operations for oil, and owner of vessel HAP JANG GANG 6. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13629.
HUAXIN SHIPPING HONGKONG LTD
Address: Room 2105, Trend Centre, 29-31 Chueng Lee Street, Chai Wan, Hong Kong, China. Other Information: UN Ref. KPe.059. Ship and commercial manager of the ASIA BRIDGE 1. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13630.
KINGLY WON INTERNATIONAL CO LTD
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH 96960, Marshall Islands. Other Information: UN Ref KPe.060. In 2017, Tsang Yung Yuan (aka Neil Tsang) and Kingly Won attempted to engage in an oil deal valued at over $1 million with a petroleum company in a third country to illicitly transfer to the DPRK. Kingly Won acted as a broker for that petroleum company and a Chinese company that reached out to Kingly Won to purchase marine oil on its behalf. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13631.
KOREA ACHIM SHIPPING CO
Address: Sochang-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.061. Registered owner of DPRK tanker CHON MA SAN. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13632.
KOREA ANSAN SHIPPING COMPANY
a.k.a: KOREA ANSAN SHPG COMPANY Address: Pyongchon 1-dong, Pyongchon-guyok, Pyongyang, DPRK. Other Information: UN Ref.062. Registered owner of DPRK tanker AN SAN 1 believed to have been involved in ship to ship transfer operations for oil. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13633.
KOREA MYONGDOK SHIPPING CO
Address: Chilgol 2-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.063. Registered owner of the YU PHYONG 5. In late November 2017 the YU PHYONG 5 conducted a ship-to-ship transfer of 1,721 metric tons of fuel oil. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13634.
KOREA SAMJONG SHIPPING
Address: Tonghung-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.064. Registered owner of DPRK tankers SAM JONG 1 and SAM JONG 2. Both vessels are believed to have imported refined petroleum to DPRK in violation of UN sanctions in late January 2018. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13635.
KOREA SAMMA SHIPPING CO
Address: Rakrang 3-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.065. DPRK-flagged tanker, SAM MA 2 owned by Korea Samma Shipping Company, conducted a ship-to-ship transfer of oil and fabricated documents in mid-October 2017 loading almost 1,600 metric tons of fuel oil in one transaction. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13636.
KOREA YUJONG SHIPPING CO LTD
Address: Puksong 2-dong, Pyongchon-guyok, Pyongyang, DPRK Other Information: UN Ref KPe.066. Company Number IMO 5434358 Registered owner of the DPRK tanker YU JONG 2 which loaded 1,168 kiloliters of fuel oil through a ship to ship transfer operation. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13637.
KOTI CORP
Address: Panama City, Panama. Other Information: UN Ref.067. Ship manager and commercial manager of the Panama-flagged vessel KOTI, which conducted ship-to-ship transfers of likely petroleum product to the DPRK-flagged KUM UN SAN 3. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13638.
MYOHYANG SHIPPING CO
Address: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.068. Ship manager of DPRK oil products tanker YU SON, which is believed to have been involved in ship to ship transfer operations for oil. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13639.
PAEKMA SHIPPING CO
a.k.a: Care of First Oil JV Co Ltd Address: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref.KPe.069. Registered owner of the DPRK tanker PAEK MA, which was involved in ship to ship transfer operations for oil in mid-January 2018. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13640.
PHYONGCHON SHIPPING & MARINE
a.k.a: PHYONGCHON SHIPPING AND MARINE Address: Otan-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref.KPe 070. Registered owner of DPRK tanker JI SONG 6, which is believed to have been involved in ship to ship transfer operations of oil in late January 2018. The company also owns vessels JI SONG 8 and WOORY STAR.[Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13641.
PRO-GAIN GROUP CORPORATION
Address: Le Sanalele Complex, Ground Floor, Vaea Street, Saleufi, Apia, Samoa. Other Information: UN Ref KPe.071. Company owned or controlled by Tsang Yung Yuan and involved in illicit transfers of DPRK coal. Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13642.
SHANGHAI DONGFENG SHIPPING CO LTD
Address: Room 601, 433, Chifeng Lu, Hongkou Qu, Shanghai, 200083, China. Other Information: UN Ref KPe.072. Registered owner, ship and commercial manager of the DONG FENG 6, a vessel that loaded coal at Hamhung, DPRK on July 11, 2017 for export in violation of UN sanctions. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13643.
SHEN ZHONG INTERNATIONAL SHIPPING
Address: Unit 503, 5th Floor, Silvercord Tower 2, 30, Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong, China. Other Information: UN Ref KPe.073. Ship and commercial manager of HAO FAN 2 and HAO FAN 6, St Kitts-Nevis-flagged vessels. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13644.
WEIHAI WORLD-SHIPPING FREIGHT
Address: 419-201, Tongyi Lu, Huancui Qu, Weihai, Shandong 264200, China. Other Information: UN Ref KPe.074. Ship and commercial manager of the XIN GUANG HAI. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13645.
YUK TUNG ENERGY PTE LTD
Address: 17-22, UOB Plaza 2, Raffles Place, Singapore 048624, Singapore. Other Information: UN Ref KPe.075. Ship manager and commercial manager of the YUK TUNG, which conducted ship-to-ship transfer of refined petroleum product. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13646.
CHON MYONG 1
Other Information: (IMO number: 8712362) [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13647.
AN SAN 1
Other Information: (IMO number: 7303803). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13648.
YU PHYONG 5
Other Information: (IMO number: 8605026) [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13649.
SAM JONG 1
Other Information: (IMO number: 8405311) [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13650.
SAM JONG 2
Other Information: (IMO number: 7408873). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13651.
SAM MA 2
Other Information: (IMO number: 8106496). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13652.
YU JONG 2
Other Information: (IMO number: 8604917). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13653.
PAEK MA
Other Information: (IMO number: 9066978). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13654.
JI SONG 6
Other Information: (IMO number: 8898740). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13655.
CHON MA SAN
Other Information: (IMO number: 8660313). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13656.
NAM SAN 8
Other Information: (IMO number: 8122347). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13657.
YU SON
Other Information: (IMO number: 8691702) [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13658.
WOORY STAR
Other Information: (IMO number: 8408595). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13659.
JI SONG 8
Other Information: (IMO number: 8503228) [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13660.
HAP JANG GANG 6
Other Information: (IMO number: 9066540). [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 Group ID: 13661.
to their sanctions on North Korea, mirroring the updates made by the United Nations 1718 Sanctions Committee.
You’ll note that the entities inlude the cargo vessels listed by the UN as subject to an asset freeze (from the first 2 of the 3 lists of vessels in their press release), but not the ones subject to only port restrictions and de-flagging (from the 3rd list). I wonder if any other element of the UK government will deal with those.
Links:
On Monday, Australian regulators added the following person:
TSANG YUNG YUAN
a. Description: Tsang Yung Yuan has coordinated North Korean coal exports with a
North Korean broker operating in a third country, and he has a history of other
sanctions evasion activities.
b. AKA: Neil Tsang, Yun Yuan Tsang
c. Identifiers: DOB: October 20, 1957; Passport No: 302001581
and entities:
1. CHANG AN SHIPPING & TECHNOLOGY
a. Description: Registered owner, ship manager, and commercial manager of Panama-
flagged vessel HUA FU, a cargo ship that loaded DPRK coal at Najin, DPRK on
September 24, 2017.
b. AKA: 長安海連技術有限公司; CHANG AN SHIPPING AND TECHNOLOGY
c. Location: Room 2105, DL1849, Trend Centre, 29-31 Cheung Lee Street, Chai Wan,
Hong Kong, China
2. CHONMYONG SHIPPING CO
a. Description: Registered owner of CHON MYONG 1, a DPRK-flagged vessel that
conducted ship-to-ship transfer of fuel in late December 2017.
b. AKA: CHON MYONG SHIPPING COMPANY LIMITED
c. Locations: Kalrimgil 2-dong, Mangyongdae-guyok, Pyongyang, DPRK; Saemaul 2-
dong, Pyongchon-guyok, Pyongyang, DPRK
3. FIRST OIL JV CO LTD
a. Description: Owner of the DPRK tanker PAEK MA, which was involved in ship to
ship transfer operations for oil in mid-January 2018.
b. AKA: n/a
c. Location: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK
to their sanctions on the Democratic People’s Republic of Korea, after their addition by the United Nations 1718 Sanctions Committee.
4. HAPJANGGANG SHIPPING CORP
a. Description: Registered owner of the DPRK tanker NAM SAN 8, which is believed
to have been involved in ship to ship transfer operations for oil, and owner of vessel
HAP JANG GANG 6.
b. AKA: n/a
c. Location: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK
5. HUAXIN SHIPPING HONGKONG LTD
a. Description: Ship and commercial manager of the ASIA BRIDGE 1. Hong Kong-
owned vessel, the probable “ASIA BRIDGE 1” was instructed on October 19, 2017
by Huaxin Shipping to make preparations for entry into Nampo, DPRK to receive a
shipment of coal bound for Vietnam. The “ASIA BRIDGE 1” was instructed by an
unidentified employee of Huaxin Shipping Ltd. to make preparations to receive 8,000
metric tons of coal and then sail to Cam Pha, Vietnam. The master of the vessel was
instructed to cover the ship’s name and other markings using canvas while in port at
Nampo.
b. AKA: 華信船務(香港)有限公司
c. Location: Room 2105, Trend Centre, 29-31 Chueng Lee Street, Chai Wan, Hong
Kong, China
6. KINGLY WON INTERNATIONAL CO., LTD.
a. Description: In 2017, Tsang Yung Yuan (aka Neil Tsang) and Kingly Won attempted
to engage in an oil deal valued at over $1 million with a petroleum company in a third
country to illicitly transfer to the DPRK. Kingly Won acted as a broker for that
petroleum company and a Chinese company that reached out to Kingly Won to
purchase marine oil on its behalf.
b. AKA: n/a
c. Location: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH
96960, Marshall Islands
7. KOREA ACHIM SHIPPING CO
a. Description: Registered owner of DPRK tanker CHON MA SAN. DPRK-flagged
CHON MA SAN prepared for likely ship to ship transfer operations in late January
2018. The master of the DPRK-flagged motor tanker YU JONG 2 reported on
November 18, 2017 to an unidentified DPRK-based controller that the vessel was
avoiding a storm in advance of a ship to ship transfer. The master suggested that the
YU JONG 2 load fuel oil before the DPRK-flagged tanker CHON MA SAN since the
CHON MA SAN’s larger size was better suited to conduct ship to ship transfers in a
storm. After the CHON MA SAN loaded fuel oil from a vessel, the YU JONG 2
loaded 1,168 kiloliters of fuel oil on November 19, 2017 through a ship to ship
transfer operation.
b. AKA: n/a
c. Location: Sochang-dong, Chung-guyok, Pyongyang, DPRK
8. KOREA ANSAN SHIPPING COMPANY
a. Description: Registered owner of DPRK tanker AN SAN 1 believed to have been
involved in ship to ship transfer operations for oil.
b. AKA: KOREA ANSAN SHPG COMPANY
c. Location: Pyongchon 1-dong, Pyongchon-guyok, Pyongyang, DPRK
9. KOREA MYONGDOK SHIPPING CO
a. Description: Registered owner of the YU PHYONG 5. In late November 2017, the
YU PHYONG 5 conducted a ship-to-ship transfer of 1,721 metric tons of fuel oil.
b. AKA: n/a
c. Location: Chilgol 2-dong, Mangyongdae-guyok, Pyongyang, DPRK
10. KOREA SAMJONG SHIPPING
a. Description: Registered owner of DPRK tankers SAM JONG 1 and SAM JONG 2.
Both vessels are believed to have imported refined petroleum to DPRK in violation of
UN sanctions in late January 2018.
b. AKA: n/a
c. Location: Tonghung-dong, Chung-guyok, Pyongyang, DPRK
11. KOREA SAMMA SHIPPING CO.
a. Description: A DPRK-flagged tanker, SAM MA 2 owned by Korea Samma Shipping
Company, conducted a ship-to-ship transfer of oil and fabricated documents in mid-
October 2017, loading almost 1,600 metric tons of fuel oil in one transaction. The
ship master was instructed to erase SAMMA SHIPPING and the Korean words found
on the ship’s seal and instead put “Hai Xin You 606” To mask its identity as a DPRK
vessel.
b. AKA: n/a
c. Location: Rakrang 3-dong, Rakrang-guyok, Pyongyang, DPRK
12. KOREA YUJONG SHIPPING CO LTD
a. Description: Registered owner of the DPRK tanker YU JONG 2, which loaded 1,168
kiloliters of fuel oil on November 19, 2017 through a ship to ship transfer operation.
b. AKA: n/a
c. Location: Puksong 2-dong, Pyongchon-guyok, Pyongyang, DPRK; Company
Number IMO 5434358
13. KOTI CORP
a. Description: Ship manager and commercial manager of the Panama-flagged vessel
KOTI, which conducted ship-to-ship transfers of likely petroleum product to the
DPRK-flagged KUM UN SAN 3 on December 9, 2017.
b. AKA: n/a
c. Location: Panama City, Panama
14. MYOHYANG SHIPPING CO
a. Description: Ship manager of DPRK oil products tanker YU SON, which is believed
to have been involved in ship to ship transfer operations for oil.
b. AKA: n/a
c. Location: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK
15. PAEKMA SHIPPING CO
a. Description: Registered owner of the DPRK tanker PAEK MA, which was involved
in ship to ship transfer operations for oil in mid-January 2018.
b. AKA: Care of First Oil JV Co Ltd
c. Location: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK
16. PHYONGCHON SHIPPING & MARINE
a. Description: Registered owner of DPRK tanker JI SONG 6, which is believed to have
been involved in ship to ship transfer operations of oil in late January 2018. The
company also owns vessels JI SONG 8 and WOORY STAR.
b. AKA: PHYONGCHON SHIPPING AND MARINE
c. Location: Otan-dong, Chung-guyok, Pyongyang, DPRK
17. PRO-GAIN GROUP CORPORATION
a. Description: Company owned or controlled by Tsang Yung Yuan and involved in
illicit transfers of DPRK coal.
b. AKA: n/a
c. Location: Le Sanalele Complex, Ground Floor, Vaea Street, Saleufi, Apia, Samoa
18. SHANGHAI DONGFENG SHIPPING CO LTD
a. Description: Registered owner, ship and commercial manager of the DONG FENG 6,
a vessel that loaded coal at Hamhung, DPRK on July 11, 2017 for export in violation
of UN sanctions.
b. AKA: n/a
c. Location: Room 601, 433, Chifeng Lu, Hongkou Qu, Shanghai, 200083, China
19. SHEN ZHONG INTERNATIONAL SHIPPING
a. Description: Ship and commercial manager of HAO FAN 2 and HAO FAN 6, St
Kitts-Nevis-flagged vessels. The HAO FAN 6 loaded coal at Nampo, DPRK on
August 27, 2017. HAO FAN 2 loaded North Korean coal at Nampo, DPRK on June
3, 2017.
b. AKA: 沈忠國際海運有限公司
c. Location: Unit 503, 5th Floor, Silvercord Tower 2, 30, Canton Road, Tsim Sha Tsui,
Kowloon, Hong Kong, China
20. WEIHAI WORLD-SHIPPING FREIGHT
a. Description: Ship and commercial manager of the XIN GUANG HAI, a vessel that on
loaded coal at Taean, DPRK on October 27, 2017 and had an ETA of November 14,
2017 to Cam Pha, Vietnam, but it did not arrive and instead went to Port Klang,
Malaysia on December 18, 2017.
b. AKA: n/a
c. Location: 419-201, Tongyi Lu, Huancui Qu, Weihai, Shandong 264200, China
21. YUK TUNG ENERGY PTE LTD
a. Description: Ship manager and commercial manager of the YUK TUNG, which
conducted ship-to-ship transfer of refined petroleum product.
b. AKA: n/a
c. Location: 17-22, UOB Plaza 2, Raffles Place, Singapore 048624, Singapore
Links:
UN Press Releases: Security Council, Sanctions Committee
On Tuesday, Australian regulators added the following entity to their Consolidated List under its counter terrorism sanctions program:
QDe.158 Name: KHATIBA IMAM AL-BUKHARI (KIB)
A.k.a.: Khataib al-Imam al-Bukhari F.k.a.: na Address: a) Afghanistan/Pakistan border area
(previous location) b) Khan-Shaykhun, Syrian Arab Republic (53 km south of Idlib, location as at
Mar. 2018) c) Idlib, Aleppo and Khama, Syrian Arab Republic (operation zone) Listed
on: 29 Mar. 2018 Other information: Associated with Al-Nusrah Front for the People of the
Levant (QDe.137). Committed terrorist attacks in the Syrian Arab Republic. Since 2016,
redeployed to Northern Afghanistan to project attacks against Central Asia countries. INTERPOL-
UN Security Council Special Notice web link: https://www.interpol.int/en/notice/search/un/XXXXX
click here.
After its designation by the United Nations ISIL (Da’esh) and Al-Qaida Sanctions Committee.
Links:
Yesterday, Swiss authorities added the following entity, designated by the United Nations ISIL (Da’esh) and Al-Qaida Sanctions Committee, to its Al-Qaida/bin Laden/Taliban counter terrorism sanctions list:
SSID: 10-38663 Name: Khatiba Imam al-Bukhari (KIB)
Good quality a.k.a.: Khataib al-Imam al-Bukhari Address: a) Afghanistan/ Pakistan border area (previous location) b) Khan-Shaykhun, Syrian Arab Republic (53 km south of Idlib, location as at Mar 2018) c) Idlib, Aleppo and Khama, Syrian Arab Republic (operation zone) Relation: associated with Al-Nusrah Front For The People Of The Levant (QE.A.137.14., SSID 10-27843) Other information: Associated with Al-Nusrah Front for the People of the Levant (SSID 10-27843). Committed terrorist attacks in the Syrian Arab Republic. Since 2016, redeployed to Northern Afghanistan to project attacks against Central Asia countries. INTERPOL-UN Security Council Special Notice available. Modifications: Listed on 29 Mar 2018
Links:
North Korea: EU aligns its restrictive measures with latest UN sanctions
The Council has added one person and 21 entities to the list of those subject to restrictive measures against the Democratic People’s Republic of Korea (DPRK), transposing into EU law sanctions imposed by the UN Security Council (UNSC) Committee established by UNSC resolution 1718 (2006). These restrictive measures consists of a travel ban and an asset freeze for individuals and an asset freeze for entities. It has also transposed the asset freeze targeting 15 vessels, the port entry ban on 25 vessels and the de-flagging of 12 vessels.
The sanctions were imposed on the DPRK in response to its nuclear weapon and ballistic missile development activities, which are in breach of numerous UNSC resolutions.
The decision brings the total number of persons and entities subject to restrictive measures against the DPRK to 80 persons and 75 entities as listed by the UN. In addition, 55 persons and 9 entities have been sanctioned by the EU autonomously.
EU foreign ministers discussed the situation in the Korean peninsula with the South Korean Foreign Minister, Kang Kyung-wha, on 19 March 2018, in light of the recent announcements made by the DPRK’s leadership and looking ahead to the summit between Kim Jong-un and South Korean President Moon Jae-in scheduled for April and the announced meeting between Kim Jong-un and US President Donald Trump. They welcomed South Korea’s efforts to de-escalate tensions in the peninsula and improve intra-Korean relations, and to create the conditions needed to work towards a diplomatic solution aimed at the complete, verifiable and irreversible denuclearisation of the Korean Peninsula.
The EU implements all UN Security Council resolutions adopted in response to the DPRK’s nuclear programmes and nuclear weapons, other weapons of mass destruction and ballistic missile programmes. In addition, the EU has imposed autonomous restrictive measures against the DPRK, complementing and reinforcing the UN sanctions regime.
The legal acts were adopted by written procedure. They will be published in the Official Journal of 9 April.
Link:
Today, OFAC added the following persons:
AKIMOV, Andrey Igorevich, Russia; DOB 1953; POB Leningrad, Russia; Gender Male; Chairman of the Management Board of Gazprombank (individual) [UKRAINE-EO13661].BOGDANOV, Vladimir Leonidovich, Russia; DOB 28 May 1951; POB Suyerka, Uporovsky District, Tyumen Region, Russian Federation; Gender Male (individual) [UKRAINE-EO13662].DERIPASKA, Oleg Vladimirovich, Moscow, Russia; 64 Severnaya Street, Oktyabrsky, Khutor, Ust-Labinsky District, Krasnodar Territory 352332, Russia; 5, Belgrave Square, Belgravia, London SW1X 8PH, United Kingdom; DOB 02 Jan 1968; POB Dzerzhinsk, Nizhny Novgorod Region, Russia; citizen Russia; alt. citizen Cyprus; Gender Male (individual) [UKRAINE-EO13661] [UKRAINE-EO13662].DYUMIN, Alexey Gennadyevich (a.k.a. DYUMIN, Alexei), Russia; DOB 28 Aug 1972; POB Kursk, Russian Federation; Gender Male (individual) [UKRAINE-EO13661].FRADKOV, Mikhail Efimovich (Cyrillic: ФРАДКОВ, Михаил Ефимович), Russia; DOB 01 Sep 1950; POB Kurumoch, Kuibyshev Region, Russia; Gender Male; Director of the Russian Institute for Strategic Studies (individual) [UKRAINE-EO13661].FURSENKO, Sergei (a.k.a. FURSENKO, Sergey; a.k.a. FURSENKO, Sergey Aleksandrovich); DOB 11 Mar 1954; POB Saint-Petersburg (F.K.A. Leningrad), Russian Federation; citizen Russia; Gender Male (individual) [UKRAINE-EO13661].GOVORUN, Oleg, Russia; DOB 15 Jan 1969; POB Bratsk, Irkutsk Region, Russia; Gender Male; Head of the Presidential Directorate for Social and Economic Cooperation with the Commonwealth of Independent States Member Countries, the Republic of Abkhazia, and the Republic of South Ossetia (individual) [UKRAINE-EO13661].KERIMOV, Suleiman Abusaidovich (Cyrillic: КЕРИМОВ, Сулейман Абусаидович) (a.k.a. KERIMOV, Suleyman), Moscow, Russia; Antibes, France; DOB 12 Mar 1966; POB Derbent, Republic of Dagestan, Russia; citizen Russia; Gender Male (individual) [UKRAINE-EO13661].KOLOKOLTSEV, Vladimir Alexandrovich, Russia; DOB 11 May 1961; POB Nizhny Lomov, Penza Region, Russia; Gender Male; Minister of Internal Affairs of the Russian Federation, General of the Police of the Russian Federation (individual) [UKRAINE-EO13661].KOSACHEV, Konstantin, Russia; DOB 17 Sep 1962; POB Moscow, Russia; nationality Russia; Gender Male; Chairperson of the Council of the Federation Committee on Foreign Affairs (individual) [UKRAINE-EO13661].KOSTIN, Andrey Leonidovich, Moscow, Russia; DOB 21 Sep 1956; POB Moscow, Russian Federation; Gender Male (individual) [UKRAINE-EO13661].MILLER, Alexey Borisovich, Moscow, Russia; DOB 31 Jan 1962; POB Saint-Petersburg, Russian Federation; Gender Male (individual) [UKRAINE-EO13661].PATRUSHEV, Nikolai Platonovich, Russia; DOB 11 Jul 1951; POB Leningrad, Russian Federation; nationality Russia; Gender Male; Secretary of the Russian Federation Security Council (individual) [UKRAINE-EO13661].REZNIK, Vladislav Matusovich, Moscow, Russia; DOB 17 May 1954; Gender Male (individual) [UKRAINE-EO13661].ROTENBERG, Igor Arkadyevich (a.k.a. ROTENBERG, Igor Arkadevich); DOB 09 May 1973; POB Leningrad, Russia; Gender Male (individual) [UKRAINE-EO13662].SHAMALOV, Kirill Nikolaevich; DOB 22 Mar 1982; POB Leningrad, Russia; Gender Male (individual) [UKRAINE-EO13662].SHKOLOV, Evgeniy Mikhailovich, Russia; DOB 31 Aug 1955; POB Dresden, Germany; nationality Russia; Gender Male; Aide to the President of the Russian Federation (individual) [UKRAINE-EO13661].SKOCH, Andrei Vladimirovich (a.k.a. SKOCH, Andrey), Russia; DOB 30 Jan 1966; POB Nikolsky (Moscow), Russia; Gender Male; Deputy of State Duma (individual) [UKRAINE-EO13661].TORSHIN, Alexander Porfiryevich, Moscow, Russia; DOB 27 Nov 1953; POB Mitoga village, Ust-Bolsheretsky district, Kamchatka region, Russian Federation; Gender Male (individual) [UKRAINE-EO13661].USTINOV, Vladimir Vasilyevich, Russia; DOB 25 Feb 1953; POB Nikolayevsk-on-Amur, Russian Federation; Gender Male (individual) [UKRAINE-EO13661].VALIULIN, Timur Samirovich, Russia; DOB 20 Dec 1962; POB Krasnozavodsk, Zagorsk District, Moscow Region, Russia; Gender Male; Chief of the General Administration for Combating Extremism of the Ministry of Internal Affairs of the Russian Federation (individual) [UKRAINE-EO13661].VEKSELBERG, Viktor Feliksovich, Russia; DOB 14 Apr 1957; POB Drogobych, Lviv region, Ukraine; Gender Male (individual) [UKRAINE-EO13662].ZHAROV, Alexander Alexandrovich (a.k.a. ZHAROV, Aleksandr), Russia; DOB 11 Aug 1964; POB Chelyabinsk, Russia; Gender Male; Head of the Federal Service for Supervision of Communications, Information Technology, and Mass Media (individual) [UKRAINE-EO13661].ZOLOTOV, Viktor Vasiliyevich, Russia; DOB 27 Jan 1954; POB Ryazanskaya oblast, Russia; nationality Russia; Gender Male; Director of the Federal Service of National Guard Troops and Commander of the National Guard Troops of the Russian Federation (individual) [UKRAINE-EO13661].
and entities:
AGROHOLDING KUBAN (a.k.a. KUBAN AGRO; a.k.a. KUBAN AGROHOLDING), 77 Mira St., Ust-Labinsk, Krasnodar Territory 352330, Russia; 1 Montazhnaya St., Ust-Labinsk, Krasnodar Territory, Russia; 116 Mira St., Ust-Labinsk, Krasnodar Territory, Russia; 1 G. Konshinykh St., Krasnodar Territory, Russia; 2 Rabochaya St., Ust-Labinsk, Krasnodar Territory, Russia [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: BASIC ELEMENT LIMITED).BASIC ELEMENT LIMITED (a.k.a. BAZOVY ELEMENT), Esplanade 44, Saint Helier JE4 9WG, Jersey; 30 Rochdelskaya Street, Moscow 123022, Russia; Registration ID 84039 [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich).B-FINANCE LTD, Vanterpool Plaza, 2nd Floor, Wickhams Cay, Road Town, Tortola, Virgin Islands, British [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich).EN+ GROUP PLC, Esplanade 44, Saint Helier JE4 9WG, Jersey; 8 Cleveland Row, London SW1A 1DH, United Kingdom; 1 Vasilisy Kozhinoy St., Moscow 121096, Russia; Registration ID 91061 [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich).GAZ GROUP, 88 Lenin Avenue, Nizhny Novgorod 603950, Russia; 15/1 Rochdelskaya Str., Moscow 123022, Russia [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: RUSSIAN MACHINES).GAZPROM BURENIE, OOO (f.k.a. BUROVAYA KOMPANIYA OAO GAZPROM, DOCHERNEE OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU; a.k.a. GAZPROM BURENIYE LLC; a.k.a. GAZPROM DRILLING; a.k.a. LIMITED LIABILITY COMPANY GAZPROM BURENIYE; a.k.a. OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU GAZPROM BURENIE), 12A, ul. Nametkina, Moscow 117420, Russia; Website http://www.burgaz.ru; Email Address mail@burgaz.gazprom.ru; Registration ID 1028900620319; Tax ID No. 5003026493; Government Gazette Number 00156251 [UKRAINE-EO13662] (Linked To: ROTENBERG, Igor Arkadyevich).JSC EUROSIBENERGO, 165 Chkalova Street, Divnogorsk, Krasnoyarsk Krai 663091, Russia; 1 Vasilisy Kozhinoy Street, Moscow 121096, Russia; Registration ID 5087746073817; Tax ID No. 7706697347; Identification Number 88303955 [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: EN+ GROUP PLC).LADOGA MENEDZHMENT, OOO (a.k.a. OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU LADOGA MENEDZHMENT; a.k.a. OOO LADOGA MANAGEMENT), 10, naberezhnaya Presnenskaya, Moscow 123317, Russia; Registration ID 1147748143971; Tax ID No. 7729442761; Government Gazette Number 29437172 [UKRAINE-EO13662] (Linked To: SHAMALOV, Kirill Nikolaevich).NPV ENGINEERING OPEN JOINT STOCK COMPANY (a.k.a. AKTSIONERNOE OBSHCHESTVO ENPIVI INZHINIRING; a.k.a. AO ENPIVI INZHINIRING; a.k.a. ENPIVI INZHINIRING, AO; a.k.a. NPV ENGINEERING JOINT STOCK COMPANY; a.k.a. OJSC NPV ENGINEERING), 5, per. Strochenovski B., Moscow 115054, Russia; PER. Strochenovskii B D.5, Moscow 115054, Russia; Website http://www.npve.narod.ru; Email Address npw@npv.su; Registration ID 106774653683; Tax ID No. 7707587805; Government Gazette Number 95533058 [UKRAINE-EO13662] (Linked To: ROTENBERG, Igor Arkadyevich).RENOVA GROUP (a.k.a. JOINT-STOCK COMPANY RENOVA GROUP OF COMPANIES; a.k.a. JSC RENOVA GROUP OF COMPANIES), V, 28 Balaklavskiy Prospekt, Moscow 117452, Russia; 40, Malaya Ordynka, Moscow 115184, Russia; Registration ID 1047796880548; Tax ID No. 7727526670; Government Gazette Number 772701001 [UKRAINE-EO13662] (Linked To: VEKSELBERG, Viktor Feliksovich).ROSOBORONEKSPORT OAO (a.k.a. OJSC ROSOBORONEXPORT; a.k.a. ROSOBORONEKSPORT OJSC; a.k.a. ROSOBORONEXPORT; a.k.a. ROSOBORONEXPORT JSC; a.k.a. RUSSIAN DEFENSE EXPORT ROSOBORONEXPORT), 27 Stromynka ul., Moscow 107076, Russia; Website http://www.roe.ru; Executive Order 13662 Directive Determination – Subject to Directive 3; Registration ID 1117746521452; Tax ID No. 7718852163; Government Gazette Number 56467052; For more information on directives, please visit the following link: http://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives [SYRIA] [UKRAINE-EO13662] (Linked To: ROSTEC).RUSSIAN MACHINES (a.k.a. RUSSKIE MASHINY), Ul. Rochdelskaya 15, 8, Moscow 123022, Russia; Registration ID 1112373000596; Tax ID No. 2373000582; Identification Number 37100386 [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: BASIC ELEMENT LIMITED).UNITED COMPANY RUSAL PLC, 44 Esplanade, St. Helier JE4 9WG, Jersey; 1 Vasilisy Kozhinoy Str., Moscow 121096, Russia; 11/F Central Twr., 28 Queen’s Rd. C, Central District, Hong Kong; Registration ID 94939; Company Number F-17314 (Hong Kong); Business Number 51566843 (Hong Kong) [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: EN+ GROUP PLC).
to the SDN List for the Ukraine/Russia-related sanctions program. Additionally, the following Sectoral Sanctions Identification (SSI)( List listing was updated to add the Syria sanctions program:
ROSOBORONEKSPORT OAO (a.k.a. OJSC ROSOBORONEXPORT; a.k.a. ROSOBORONEKSPORT OJSC; a.k.a. ROSOBORONEXPORT; a.k.a. ROSOBORONEXPORT JSC; a.k.a. RUSSIAN DEFENSE EXPORT ROSOBORONEXPORT), 27 Stromynka ul., Moscow 107076, Russia; Website http://www.roe.ru; Executive Order 13662 Directive Determination – Subject to Directive 3; Registration ID 1117746521452; Tax ID No. 7718852163; Government Gazette Number 56467052; For more information on directives, please visit the following link: http://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives [UKRAINE-EO13662] (Linked To: ROSTEC). -to- ROSOBORONEKSPORT OAO (a.k.a. OJSC ROSOBORONEXPORT; a.k.a. ROSOBORONEKSPORT OJSC; a.k.a. ROSOBORONEXPORT; a.k.a. ROSOBORONEXPORT JSC; a.k.a. RUSSIAN DEFENSE EXPORT ROSOBORONEXPORT), 27 Stromynka ul., Moscow 107076, Russia; Website http://www.roe.ru; Executive Order 13662 Directive Determination – Subject to Directive 3; Registration ID 1117746521452; Tax ID No. 7718852163; Government Gazette Number 56467052; For more information on directives, please visit the following link: http://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives [SYRIA] [UKRAINE-EO13662] (Linked To: ROSTEC).
Two new Ukraine/Russia General Licenses were added. General License 12 allows wind-down operationf for current contractual obligations, while #13 gives a 1-month window to divest current securities holdings of 3 of the listed entities.
Two new sets of FAQs were issued – 1 related to today’s changes, and 1 related to CAATSA. I will publish those separately.
The same release also added the following 2 persons to the counter narcotics sanctions program:
LEONE MARTINEZ, Miguel Jose (a.k.a. LEONE, Miguel), Severo Diaz 38, Col. Ladron de Guevara, Guadalajara, Jalisco 44600, Mexico; DOB 16 May 1980; citizen Italy; alt. citizen Venezuela; Website http://www.miguelleone.com; Gender Male; Passport YA1867648 (Italy) (individual) [SDNTK] (Linked To: LOS CUINIS).PEREZ ALVEAR, Jesus (a.k.a. “Chucho Perez”), Guerrero, Mexico; DOB 12 Nov 1984; POB Distrito Federal, Mexico; nationality Mexico; Gender Male; R.F.C. PEAJ-841112-UD1 (Mexico); C.U.R.P. PEAJ841112HDFRLS06 (Mexico) (individual) [SDNTK] (Linked To: CARTEL DE JALISCO NUEVA GENERACION; Linked To: LOS CUINIS; Linked To: GALLISTICA DIAMANTE).
As well as this entity:
GALLISTICA DIAMANTE (a.k.a. GALLISTICA DIAMANTE S.A. DE C.V.; a.k.a. TICKET PREMIER), Aguascalientes, Aguascalientes, Mexico; Quinta Los Pirules Num. Ext. 182, Quinta Los Naranjos, Leon, Guanajuato 37210, Mexico; Website http://www.ticketpremier.mx [SDNTK].
and an entity was added to the Syrian sanctions (as well as the two ROSOBORONEKSPORT OAO listings above):
RUSSIAN FINANCIAL CORPORATION (a.k.a. AO RFK-BANK; a.k.a. BANK ROSSISKAYA FINANSOVAYA KORPORATSIYA AKTSIONERNOE OBSHCHESTVO; a.k.a. RFC-BANK; a.k.a. RUSSIAN FINANCIAL CORPORATION BANK JSC), St. George’s Lane, D. 1, p. 1, Moscow 125009, Russia; d. 1 korp, 1 per. Georgievski, Moscow 125009, Russia; SWIFT/BIC RFCBRUMM; alt. SWIFT/BIC 044525257 [SYRIA].
Now, a question: why list ROSOBORONEKSPORT on both SSI and SDN lists? Isn’t dealing in the secondary bond market (the primary is clearly verboten) providing benefit to the company?
Second question: why bother adding the Syria tag to the SSI listing? There are no securities restrictions related to the Syrian program. What value does that add? Hmmm???
Links:
DEPARTMENT OF THE TREASURY WASHINGTON, D.C. 20220
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 C.F.R. Part 589
GENERAL LICENSE NO. 12
Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts
(a) Except as provided in paragraph (c) of this general license, all transactions and activities otherwise prohibited by the Ukraine Related Sanctions Regulations, 31 C.F.R. part 589, that are ordinarily incident and necessary to the maintenance or wind down of operations, contracts, or other agreements, including the importation of goods, services, or technology into the United States, involving one or more ofthe following blocked persons and that were in effect prior to April 6, 2018, are authorized through 12:01 a.m. eastern daylight time, June 5, 2018:
• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZGroup
• Gazprom Burenie, 0 0 0
• Ladoga Menedzhment, 0 0 0
• NPV Engineering Open Joint Stock Company
• Renova Group
~ Russian Machines
~ United Company RUSAL PLC
• Any other entity in which one or more ofthe above persons own, directly or indirectly, a 50 percent or greater interest
(b) Any payment to or for the direct or indirect benefit of a blocked person that is ordinarily incident and necessary to give effect to a transaction authorized in paragraph (a) ofthis general license must be made into a blocked, interest-bearing account located in the United States in accordance with 31 C.F.R. § 589.203.
(c) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings in, to, or for the benefit of the blocked persons listed above;
(2) Any transactions or dealings otherwise prohibited by any other part of 31 C.F.R. chapter V, or any transactions or dealings with any blocked person other than the blocked persons listed in paragraph (a) of this general license;
(3) The unblocking of any property blocked pursuant to any part of 31 C.F.R. chapter V, except as authorized by paragraph (a); or
(4) The exportation of goods from the United States.
(d) U.S. persons participating in transactions authorized by this general license are required, within 10 business days after the expiration date of this general license, to file a comprehensive, detailed report of each transaction, including the names and addresses of parties involved, the type and scope of activities conducted, and the dates on which the activities occurred, with the Office of Foreign Assets Control, Office of Compliance and Enforcement, U.S. Department of the Treasury, 1500 Pennsylvania Avenue N.W., Freedman’s Bank Building, Washington, DC 20220, or via email to OFACReport@treasury.gov.
DEPARTMENT OF THE TREASURY WASHINGTON, D.C. 20220
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 C.F.R. Part 589
GENERAL LICENSE NO. 13
Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (c) ofthis general license, all transactions and activities otherwise prohibited by the Ukraine Related Sanctions Regulations, 31 C.F.R. part 589, that are ordinarily incident and necessary to divest or transfer debt, equity, or other holdings in the following blocked persons to a non-U.S. person, or to facilitate the transfer of debt, equity, or other holdings in the following blocked persons by a non-U.S. person to another non-U.S. person, are authorized through 12:01 a.m. eastern daylight time, May 7, 2018:
• EN+ Group PLC
• GAZ Group
• United Company RUSAL PLC
(b) The transactions and activities authorized in paragraph (a) include facilitating, clearing, and settling transactions to divest to a non-U.S. person debt, equity, or other holdings irt the blocked persons identified in paragraph (a), including on behalf of U.S. persons.
(c) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of 31 C.F.R. chapter V, except as authorized by paragraph (a);
(2) U.S. persons to sell debt, equity, or other holdings to; to purchase or invest in debt, equity, or other holdings in; or to facilitate such transactions with, directly or indirectly, any person whose property and interests in property are blocked pursuant to 31 C.F.R. part 589, including the blocked persons identified in paragraph (a);
(3) Any transactions or dealings involving the property or interests in property of any person whose property and interests in property are blocked pursuant to 31 C.F.R. part 589 other than the blocked persons listed in paragraph (a) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other part of 31 C.F.R. chapter V.
(d) U.S. persons participating in transactions authorized by this general license are required, within 10 business days after the expiration date of this general license, to file a comprehensive, detailed report of each transaction, including the names and addresses of parties involved, the type and scope of activities conducted, and the dates on which the activities occurred, with the Office of Foreign Assets Control, Office ofCompliance and Enforcement, U.S. Department ofthe Treasury, 1500 Pennsylvania Avenue N.W., Freedman’s Bank Building, Washington, DC 20220, or via email to OFACReport@treasury.gov.
567. I am a U.S. person employee or work at an office of a company that was designated under E.O. 13661 or E.O. 13662, or blocked by operation of law pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. What am I authorized to do with respect to continuing activities of the blocked entity?
In issuing General License 12, OFAC is authorizing a time-limited maintenance or wind down of operations, contracts, or other agreements that were in effect prior to April 6, 2018 and in which the blocked entities listed in General License 12 have an interest, provided that any payment made directly or indirectly to the blocked entities listed in General License 12 be deposited in a blocked account at a U.S. financial institution.
In general, General License 12 would authorize all transactions ordinarily incident to the continuity of operations or to facilitate a wind down, including the provision of salary payments, pension payments, or other benefits, by the blocked entities listed in General License 12, or the provision of services by the employee to such blocked entities, until the expiry of General License 12.
U.S. person employees are encouraged to review the applicable OFAC regulations, authorizations, and public guidance. If, after conducting that review, you are concerned that your activities as an employee are not authorized by general license, you may contact OFAC.
If you are a U.S. person employee of an individual or entity that is not among the blocked entities listed in General License 12, including entities blocked pursuant to OFAC’s 50 percent rule, you are prohibited from engaging in transactions with such individual or entity, including the provision or receipt of goods or services, or otherwise transacting or dealing in any property in which the individual or entity has an interest. If you wish to seek authorization to maintain or wind down operations, contracts, or other agreements with such individual or entity, contact OFAC.
[04-06-2018]
568. I am a U.S. person, and I am also an employee, or sit on the board, of an entity that was either designated under E.O. 13661 or E.O. 13662, or blocked by operation of law pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. Can I continue to be employed by or sit on the board of a blocked entity? What am I allowed to do with respect to severing ties with the entity?
Absent authorization from OFAC, your continued employment or board membership with such an entity is prohibited. You should review the actions you view as necessary to sever your ties with the blocked entity against applicable OFAC regulations, authorizations, and public guidance. If, after conducting that review, you decide that any of the contemplated activities necessary to sever the relationship are prohibited, you should apply for a specific license. If you are unsure about whether authorization is required, contact OFAC. [04-06-2018]
569. A U.S. company had ordered goods from an entity that was designated under E.O. 13661 or E.O. 13662, or blocked pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. May the U.S. company still accept the goods?
Yes, provided that the importation is in accordance with the requirements and limitations specified in General License 12 . For the limited period of time specified in the general license, General License 12 authorizes all transactions ordinarily incident and necessary to the maintenance or wind down of operations, contracts, or other agreement, which includes authorization for U.S. persons to import goods into the United States from the blocked entities listed in General License 12, provided that any outstanding payment for the goods be deposited in a blocked account at a U.S. financial institution. [04-06-2018]
570. I own shares in or global depositary receipts (GDRs) related to shares in an entity that was designated under E.O. 13661 or E.O. 13662, or blocked pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. What action am I allowed to take with respect to those shares or GDRs?
For the limited period of time specified in the general license, General License 13 authorizes certain divestment and transfer activities related to debt, equity, or other holdings in the blocked entities listed in General License 13, subject to certain conditions and exceptions. Specifically, General License 13 authorizes U.S. persons to divest or transfer to a non-U.S. person, or to facilitate the transfer by a non-U.S. person to another non-U.S. person, of debt, equity, or other holdings in the blocked entities listed in General License 13, provided that such divestment, transfer, or facilitation does not result in U.S. persons selling debt, equity, or other holdings to; purchasing or investing in debt, equity, or other holdings in; or facilitating such transactions with, directly or indirectly, any blocked person, including the entities listed in General License 13. See General License 13 for further details. [04-06-2018]
571. I am a U.S. person holding accounts for or other property of an entity or individual that was designated under E.O. 13661 or E.O. 13662, or blocked pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation. Does General License 13 allow me to unblock this property?
No. For the limited period of time specified in the general license, General License 13 authorizes certain divestment and transfer activities related to debt, equity, or other holdings in the blocked entities listed in General License 13, subject to certain conditions and exceptions. It does not authorize U.S. persons to sell debt, equity, or other holdings to; to purchase or invest in debt, equity, or other holdings in; or to facilitate such transactions with, directly or indirectly, the blocked entities listed in General License 13 or any other blocked person. [04-06-2018]
572. Prior to April 6, 2018, E.O. 13662 only applied to OFAC’s Ukraine-/Russia-related sectoral sanctions and identifications under the Sectoral Sanctions Identification List. Why is OFAC designating individuals and entities under E.O. 13662?
Although E.O. 13662 provides OFAC the authority to impose sectoral sanctions on specified persons operating in sectors of the Russian economy as implemented through Directives 1-4, OFAC may also designate persons as blocked under E.O. 13662. Unlike with SSI entities, U.S. persons must block the property and interests in property of any person designated as blocked pursuant to E.O. 13662. Persons designated as blocked under E.O. 13662 are added to the SDN List. SSI entities on the SSI List are identified with the descriptive text “Executive Order 13662 Directive Determination,” followed by the applicable Directive. [04-06-2018]
573. A person designated under E.O. 13661 or E.O. 13662, or blocked by operation of law pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation holds an ownership interest of less than fifty percent in a U.S. company. In such a scenario, how does the U.S. company comply with U.S. sanctions?
If one or more blocked persons in such a scenario does not hold a 50 percent or more interest in the U.S. company, the U.S. company is not itself blocked, but the U.S. company must block all property and interests in property in which the blocked person has an interest. See OFAC’s 50 percent rule guidance. Depending on the nature of the property blocked by the U.S. company, the U.S. company may be able to continue operating, but any payments, dividends, or disbursement of profits to the blocked person would be prohibited and, to the extent such payments are required, must be placed in a blocked account at a U.S. financial institution. If a U.S. company is in such a scenario, the U.S. company is encouraged to contact OFAC to determine whether a license or other authorization is required.
[04-06-2018]
574. Will foreign persons be subject to sanctions for doing business with the individuals or entities designated under E.O. 13661 or E.O. 13662, or blocked pursuant to OFAC’s 50 percent rule on April 6, 2018 as a result of such a designation?
Section 228 of CAATSA amends SSIDES by inserting a mandatory sanctions provision on foreign persons that Treasury determines, inter alia, knowingly facilitate significant transactions, including deceptive or structured transactions, for or on behalf of any person subject to U.S. sanctions with respect to the Russian Federation, or their child, spouse, parent, or sibling. Additionally, section 226 of CAATSA amends UFSA by making the sanctions in that section mandatory. Under the amended section 5 of UFSA, foreign financial institutions face correspondent account or payable through account sanctions if the Secretary of the Treasury determines, inter alia, that they knowingly facilitate significant financial transactions on behalf of any Russian person added to OFAC’s SDN List pursuant to UFSA, E.O. 13660, E.O. 13661, E.O. 13662, E.O. 13685, or any other E.O. addressing the crisis in Ukraine.
As described in FAQs 542 and 545, a transaction is not “significant” if U.S. persons would not require specific licenses from OFAC to participate in it. Therefore, activity authorized by Ukraine-/Russia-related General Licenses 12 and 13, and occurring within the time period authorized in these general licenses, would not be considered “significant” for the purposes of a sanctions determination under section 10 of SSIDES, as amended by CAATSA, and section 5 of UFSA, as amended by CAATSA. Nothing in the general licenses should be construed as authorizing deceptive or structured transactions.
The intent of the designations on April 6, 2018 is to impose costs on Russia for its malign behavior. The United States remains committed to coordinating with our allies and partners in order to mitigate adverse and unintended consequences of these designations. [04-06-2018]
542. How does OFAC interpret the following terms as used in section 5 of UFSA, as amended by section 226 of CAATSA: “significant transaction,” “significant financial transaction,” and “facilitated?”
We anticipate that regulations to be promulgated will generally reflect the following:
“significant transaction” and “significant financial transaction” – For purposes of implementing section 5 of UFSA, as amended by section 226 of CAATSA, OFAC will consider the totality of the facts and circumstances when determining whether transactions or financial transactions are “significant.” OFAC will consider the following list of seven broad factors that can assist in the determination of whether a transaction is “significant”: (1) the size, number, and frequency of the transaction(s); (2) the nature of the transaction(s); (3) the level of awareness of management and whether the transaction(s) are part of a pattern of conduct; (4) the nexus between the transaction(s) and a blocked person; (5) the impact of the transaction(s) on statutory objectives; (6) whether the transaction(s) involve deceptive practices; and (7) such other factors that the Secretary of the Treasury deems relevant on a case-by-case basis. For purposes of section 5 of UFSA, a transaction is not significant if U.S. persons would not require specific licenses from OFAC to participate in it.
OFAC will generally interpret the term “financial transaction” broadly to encompass any transfer of value involving a financial institution. For example, the following is a non-exhaustive list of activities that OFAC would consider to be a “financial transaction”:
• The receipt or origination of wire transfers;
• The acceptance of commercial paper (both retail and wholesale), and the clearance of such paper (including checks and similar drafts);
• The receipt or origination of ACH or ATM transactions;
• The holding of nostro, vostro, or loro accounts;
• The provision of trade finance or letter of credit services;
• The provision of guarantees or similar instruments;
• The provision of investment products or instruments or participation in investments; and
• Any other transactions for or on behalf of, directly or indirectly, a person serving as a correspondent, respondent, or beneficiary.
“facilitated” – For purposes of implementing section 5 of UFSA, OFAC will generally interpret the term “facilitated” broadly. “Facilitated” refers to the provision of assistance for certain efforts, activities, or transactions, including the provision of currency, financial instruments, securities, or any other transmission of value; purchasing; selling; transporting; swapping; brokering; financing; approving; guaranteeing; the provision of other services of any kind; the provision of personnel; or the provision of software, technology, or goods of any kind. [04-06-2018]
MAS Imposes Penalties on Standard Chartered Bank and Standard Chartered Trust for AML/CFT Breaches
Singapore, 19 March 2018 … The Monetary Authority of Singapore (MAS) announced today that it has imposed penalties of S$5.2 million on Standard Chartered Bank, Singapore Branch (SCBS) and S$1.2 million on Standard Chartered Trust (Singapore) Limited (SCTS). The penalties were for breaches of MAS’ anti-money laundering and countering the financing of terrorism (AML/CFT) requirements.1 These breaches occurred when trust accounts of SCBS’ customers were transferred from Standard Chartered Trust (Guernsey) to SCTS from December 2015 to January 2016.
2 MAS found SCBS’ and SCTS’ risk management and controls in relation to the transfers to be unsatisfactory. The transfers occurred shortly before Guernsey’s implementation of the Common Reporting Standards (CRS) for the Automatic Exchange of Financial Account Information in Tax Matters. The timing of the transfers raised questions of whether the clients were attempting to avoid their CRS reporting obligations. However, SCBS and SCTS did not adequately assess and mitigate against this risk factor, and also failed to file suspicious transaction reports in a timely manner.
3 In determining the regulatory action, MAS has taken into consideration mitigating factors. SCBS had pro-actively notified MAS of its internal review on the trust accounts, and SCBS and SCTS management showed strong commitment to address the deficiencies identified by MAS. Both SCBS and SCTS have taken prompt and substantive remedial measures to strengthen their AML/CFT risk management and controls.
4 MAS’ Deputy Managing Director Mr Ong Chong Tee said, “MAS requires financial institutions to adequately assess money laundering risks when deciding whether to accept customers. They should also have in place good systems and processes to monitor customer transactions. We expect financial institutions to remain vigilant by instilling a strong risk culture.”
Note to Editor:
The Common Reporting Standard (CRS) is the international standard for the Automatic Exchange of Financial Account Information in Tax Matters (AEOI). Endorsed by the Organisation for Economic Co-operation and Development (OECD) and the Global Forum for Transparency and Exchange of Information for Tax Purposes (GF) in 2014, the CRS sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as the customer due diligence procedures to be followed by the financial institutions. To date, more than 100 jurisdictions, including Singapore, have committed to implement the CRS. Singapore will commence AEOI in 2018.
***
1 In the case of SCBS, for 21 breaches of MAS Notice 626 – Prevention of Money Laundering and Countering the Financing of Terrorism (Banks), and in the case of SCTS, for 12 breaches of MAS Notice TCA-N03 – Prevention of Money Laundering and Countering the Financing of Terrorism (Trust Companies)
Link:
Circular to Licensed Corporations and Associated Entities
Anti-Money Laundering / Counter-Terrorist Financing
(1) FATF Statement on Democratic People’s Republic of Korea and Iran
(2) FATF Statement on Improving Global AML/CFT Compliance: On-Going Process
(3) Outcomes from the Meeting of the FATF Plenary, 21-23 February 2018
(1) FATF Statement on Democratic People’s Republic of Korea and Iran
Further to our circular issued on 1 December 2017, this is to inform you that the Financial Action Task Force (“FATF”) issued an updated statement on 23 February 2018 identifying jurisdictions that have strategic deficiencies in their anti-money laundering and combating the financing of terrorism (“AML/CFT”) regimes.
The statement Note 1 has been separated into two sections.
(i) Jurisdiction subject to a call on its members and other jurisdictions to apply counter-measures
Democratic People’s Republic of Korea (“DPRK”)
The FATF remains concerned by the DPRK’s failure to address the significant deficiencies in its AML/CFT regime and the serious threat this poses to the integrity of the international financial system. Further, the FATF has serious concerns with the threat posed by the DPRK’s illicit activities related to the proliferation of weapons of mass destruction (“WMDs”) and its financing. The FATF calls on its members and other jurisdictions to continue to apply counter-measures and targeted financial sanctions in accordance with applicable United Nations Security Council (“UNSC”) Resolutions to protect the international financial system from the on-going and substantial money laundering, terrorist financing and WMD proliferation financing risks emanating from the jurisdiction.
Licensed corporations (“LCs”) and associated entities (“AEs”) should give special attention to business relationships and transactions with the DPRK, including DPRK companies, financial institutions and those acting on their behalf, and subject them to increased scrutiny and enhanced due diligence measures.
In addition, LCs and AEs are reminded that it is an offence under section 4 of the Weapons of Mass Destruction (Control of Provision of Services) Ordinance (Cap. 526) for a person to provide any services where he believes or suspects, on reasonable grounds, that those services may be connected to WMD proliferation.
(ii) Jurisdiction subject to a call on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction
Iran
In June 2016, the FATF welcomed Iran’s adoption of an action plan to address its strategic AML/CFT deficiencies and suspended counter-measures accordingly. In light of Iran’s demonstration of its political commitment and the relevant steps it took, the FATF decided in November 2017 to continue the suspension of counter-measures. Since November 2017, Iran has established a cash declaration regime and introduced draft amendments to its AML and CFT laws. However, Iran’s action plan has now expired with a majority of the action items remaining incomplete.
Given that Iran has draft legislation currently before Parliament, the FATF decided at its meeting in February 2018 to continue the suspension of counter-measures. Depending upon Iran’s progress in completing its action plan, the FATF will take further steps in June 2018.
Until Iran fully implements the measures required to address the deficiencies identified in the action plan, the FATF remains concerned with the risk of terrorist financing emanating from Iran and the threat this poses to the international financial system. The FATF calls on its members and other jurisdictions to continue to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction.
LCs and AEs should apply enhanced due diligence measures to business relationships and transactions with natural and legal persons from Iran. LCs and AEs are further advised that the type of enhanced due diligence measures applied should be effective and proportionate to the risks, and in line with the standards as specified in the FATF statement Note 1.
(2) FATF Statement on Improving Global AML/CFT Compliance: On-Going Process
In addition, please be informed that as part of the on-going process to improve global AML/CFT compliance, the FATF has set out in a separate statement an updated list of jurisdictions that have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF will closely monitor the implementation of those action plans and encourage its members to consider the information presented in the statement which can be found on the website of the FATF (http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/fatf-compliance-february-2018.html).
As the FATF will continue to assess the progress made by these jurisdictions in addressing the deficiencies in their AML/CFT systems and issue updated statements from time to time, LCs and AEs are reminded to browse the website of the FATF for the latest information.
(3) Outcomes from the Meeting of the FATF Plenary, 21-23 February 2018
In addition to the statements in (1) and (2) above, the FATF has also published various other outcomes of its recent Plenary Meeting which may be of interest to LCs and AEs. They include, for example, (i) updated FATF Guidance on Counter Proliferation Financing Note 2 and (ii) work on combating terrorist financing, including the adoption of a new counter-terrorist financing operational plan and a statement on the actions taken under the 2016 counter-terrorist financing strategy. Further information can be found on the website of FATF (http://www.fatf-gafi.org/publications/fatfgeneral/documents/outcomes-plenary-february-2018.html).
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
Links:
On March 26th, the Hong Kong Securities and Futures Commission (HK SFC) issued an anti-money laundering and counter terrorist financing (although they use CFT as an acronym) circular. It contained two elements:
The AML/CFT Self-Assessment Checklist has been prepared to provide a structured framework for licensed corporations (“LCs”) and associated entities (“AEs”) to assess compliance with the key AML/CFT requirements. LCs and AEs are advised to use the self-assessment checklist as part of their regular review to monitor their AML/CFT compliance.
The senior management of LCs and AEs should ensure that any compliance deficiencies identified during the regular reviews are rectified in a timely manner. In the course of our regular inspections, we may require LCs and AEs to provide documentary evidence of the performance of such review and its results.
Links:
Press Releases
Phishing e-mail related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on phishing e-mail, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website for ease of reference by members of the public.
Anyone who has provided his or her personal information to the e-mail concerned or has conducted any financial transactions through the e-mail should contact the bank concerned using the contact information provided in the press release, and report to the Police or contact the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force at 2860 5012.
Hong Kong Monetary Authority
28 March 2018
Link:
Press Releases
Fraudulent website related to Bank of China (Hong Kong) Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of China (Hong Kong) Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website for ease of reference by members of the public.
Anyone who has provided his or her personal information to the website concerned or has conducted any financial transactions through the website should contact the bank concerned using the contact information provided in the press release, and report to the Police or contact the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force at 2860 5012.
Hong Kong Monetary Authority
3 April 2018
Link:
Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity
APRIL 6, 2018
WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in consultation with the Department of State, today designated seven Russian oligarchs and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company and its subsidiary, a Russian bank.
“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” said Treasury Secretary Steven T. Mnuchin. “The Russian government engages in a range of malign activity around the globe, including continuing to occupy Crimea and instigate violence in eastern Ukraine, supplying the Assad regime with material and weaponry as they bomb their own civilians, attempting to subvert Western democracies, and malicious cyber activities. Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilizing activities.”
Today’s actions are pursuant to authority provided under Executive Order (E.O.) 13661 and E.O. 13662, authorities codified by the Countering America’s Adversaries Through Sanctions Act (CAATSA), as well as E.O. 13582. These actions follow the Department of the Treasury’s issuance of the CAATSA Section 241 report in late January 2018. In the Section 241 report, Treasury identified senior Russian government officials and oligarchs. Today’s action targets a number of the individuals listed in the Section 241 report, including those who benefit from the Putin regime and play a key role in advancing Russia’s malign activities.
Concurrent with this action, OFAC is issuing two general licenses to minimize immediate disruptions to U.S. persons, partners, and allies. For details, see General Licenses 12 and 13, as well as related FAQs.
All assets subject to U.S. jurisdiction of the designated individuals and entities, and of any other entities blocked by operation of law as a result of their ownership by a sanctioned party, are frozen, and U.S. persons are generally prohibited from dealings with them. Additionally, non-U.S. persons could face sanctions for knowingly facilitating significant transactions for or on behalf of the individuals or entities blocked today.
DESIGNATED RUSSIAN OLIGARCHS
Vladimir Bogdanov is being designated for operating in the energy sector of the Russian Federation economy. Bogdanov is the Director General and Vice Chairman of the Board of Directors of Surgutneftegaz, a vertically integrated oil company operating in Russia. OFAC imposed sectoral sanctions on Surgutneftegaz pursuant to Directive 4 issued under E.O. 13662 in September 2014.
Oleg Deripaska is being designated pursuant to E.O. 13661 for having acted or purported to act for or on behalf of, directly or indirectly, a senior official of the Government of the Russian Federation, as well as pursuant to E.O. 13662 for operating in the energy sector of the Russian Federation economy. Deripaska has said that he does not separate himself from the Russian state. He has also acknowledged possessing a Russian diplomatic passport, and claims to have represented the Russian government in other countries. Deripaska has been investigated for money laundering, and has been accused of threatening the lives of business rivals, illegally wiretapping a government official, and taking part in extortion and racketeering. There are also allegations that Deripaska bribed a government official, ordered the murder of a businessman, and had links to a Russian organized crime group.
Suleiman Kerimov is being designated for being an official of the Government of the Russian Federation. Kerimov is a member of the Russian Federation Council. On November 20, 2017, Kerimov was detained in France and held for two days. He is alleged to have brought hundreds of millions of euros into France – transporting as much as 20 million euros at a time in suitcases, in addition to conducting more conventional funds transfers – without reporting the money to French tax authorities. Kerimov allegedly launders the funds through the purchase of villas. Kerimov was also accused of failing to pay 400 million euros in taxes related to villas.
Igor Rotenberg is being designated for operating in the energy sector of the Russian Federation economy. Rotenberg acquired significant assets from his father, Arkady Rotenberg, after OFAC designated the latter in March 2014. Specifically Arkady Rotenberg sold Igor Rotenberg 79 percent of the Russian oil and gas drilling company Gazprom Burenie. Igor Rotenberg’s uncle, Boris Rotenberg, owns 16 percent of the company. Like his brother Arkady Rotenberg, Boris Rotenberg was designated in March 2014.
Kirill Shamalov is being designated for operating in the energy sector of the Russian Federation economy. Shamalov married Putin’s daughter Katerina Tikhonova in February 2013 and his fortunes drastically improved following the marriage; within 18 months, he acquired a large portion of shares of Sibur, a Russia-based company involved in oil and gas exploration, production, processing, and refining. A year later, he was able to borrow more than one $1 billion through a loan from Gazprombank, a state-owned entity subject to sectoral sanctions pursuant to E.O. 13662. That same year, long-time Putin associate Gennady Timchenko, who is himself designated pursuant to E.O. 13661, sold an additional 17 percent of Sibur’s shares to Shamalov. Shortly thereafter, Kirill Shamalov joined the ranks of the billionaire elite around Putin.
Andrei Skoch is being designated for being an official of the Government of the Russian Federation. Skoch is a deputy of the Russian Federation’s State Duma. Skoch has longstanding ties to Russian organized criminal groups, including time spent leading one such enterprise.
Viktor Vekselberg is being designated for operating in the energy sector of the Russian Federation economy. Vekselberg is the founder and Chairman of the Board of Directors of the Renova Group. The Renova Group is comprised of asset management companies and investment funds that own and manage assets in several sectors of the Russian economy, including energy. In 2016, Russian prosecutors raided Renova’s offices and arrested two associates of Vekselberg, including the company’s chief managing director and another top executive, for bribing officials connected to a power generation project in Russia.
DESIGNATED OLIGARCH-OWNED COMPANIES
In addition to sanctioning the individuals listed above, OFAC today designated 12 companies that constitute some of the most prominent among the entities that are owned or controlled by the individuals designated today. This list of 12 companies owned or controlled by the sanctioned oligarchs should not be viewed as exhaustive, and the regulated community remains responsible for compliance with OFAC’s 50 percent rule.
B-Finance Ltd., based in the British Virgin Islands, is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska.
Basic Element Limited is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska. Basic Element Limited is based in Jersey and is the private investment and management company for Deripaska’s various business interests.
EN+ Group is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska, B-Finance Ltd., and Basic Element Limited. EN+ Group is located in Jersey and is a leading international vertically integrated aluminum and power producer.
EuroSibEnergo is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska and EN+ Group. EuroSibEnergo is one of the largest independent power companies in Russia, operating power plants across Russia and producing around nine percent of Russia’s total electricity.
United Company RUSAL PLC is being designated for being owned or controlled by, directly or indirectly, EN+ Group. United Company RUSAL PLC is based in Jersey and is one of the world’s largest aluminum producers, responsible for seven percent of global aluminum production.
Russian Machines is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska and Basic Element Limited. Russian Machines was established to manage the machinery assets of Basic Element Limited.
GAZ Group is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska and Russian Machines. GAZ Group is Russia’s leading manufacturer of commercial vehicles.
Agroholding Kuban, located in Russia, is being designated for being owned or controlled by, directly or indirectly, Oleg Deripaska and Basic Element Limited.
Gazprom Burenie, OOO is being designated for being owned or controlled by Igor Rotenberg. Gazprom Burenie, OOO provides oil and gas exploration services in Russia.
NPV Engineering Open Joint Stock Company is being designated for being owned or controlled by Igor Rotenberg. NPV Engineering Open Joint Stock Company provides management and consulting services in Russia.
Ladoga Menedzhment, OOO is being designated for being owned or controlled by Kirill Shamalov. Ladoga Menedzhment, OOO is located in Russia and engaged in deposit banking.
Renova Group is being designated for being owned or controlled by Viktor Vekselberg. Renova Group, based in Russia, is comprised of investment funds and management companies operating in the energy sector, among others, in Russia’s economy.
DESIGNATED RUSSIAN STATE-OWNED FIRMS
Russia has contributed to the instability of the Government of Syria through the sales and transfer of Russian-origin military equipment in support of Assad’s regime, enabling Assad to continue carrying out attacks against Syrian citizens. These attacks have included chemical weapons attacks, which claimed the lives of hundreds of Syrian citizens.
Rosoboroneksport is a state-owned Russian weapons trading company with longstanding and ongoing ties to the Government of Syria, with billions of dollars’ worth of weapons sales over more than a decade. Rosoboroneksport is being designated under E.O. 13582 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the Government of Syria.
The Russian Financial Corporation Bank (RFC Bank) is being designated for being owned by Rosoboroneksport. RFC Bank incorporated in Moscow, Russia and its operations include deposit banking activities.
DESIGNATED RUSSIAN GOVERNMENT OFFICIALS
Andrey Akimov is the Chairman of the Management Board of state-owned Gazprombank. Akimov is being designated pursuant E.O. 13661 for being an official of the Government of the Russian Federation.
Mikhail Fradkov is the President of the Russian Institute for Strategic Studies (RISS), a major research and analytical center established by the President of the Russian Federation, which provides information support to the Presidential Administration, Federation Council, State Duma, and Security Council. Fradkov is being designated pursuant E.O. 13661 for being an official of the Government of the Russian Federation.
Sergey Fursenko is a member of the board of directors of Gazprom Neft, a subsidiary of state-owned Gazprom. Fursenko is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Oleg Govorun is the Head of the Presidential Directorate for Social and Economic Cooperation with the Commonwealth of Independent States Member Countries. Govorun is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Alexey Dyumin is the Governor of the Tula region of Russia. He previously headed the Special Operations Forces, which played a key role in Russia’s purported annexation of Crimea. Dyumin is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Vladimir Kolokoltsev is the Minister of Internal Affairs and General Police of the Russian Federation. Kolokoltsev is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Konstantin Kosachev is the Chairperson of the Council of the Federation Committee on Foreign Affairs. Kosachev is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Andrey Kostin is the President, Chairman of the Management Board, and Member of the Supervisory Council of state-owned VTB Bank. Kostin is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Alexey Miller is the Chairman of the Management Committee and Deputy Chairman of the Board of Directors of state-owned company Gazprom. Miller is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Nikolai Patrushev is Secretary of the Russian Federation Security Council. Patrushev is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Vladislav Reznik is a member of the Russian State Duma. Reznik is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Evgeniy Shkolov is an Aide to the President of the Russian Federation. Shkolov is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Alexander Torshin is the State Secretary – Deputy Governor of the Central Bank of the Russian Federation. Torshin is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Vladimir Ustinov is the Plenipotentiary Envoy to Russia’s Southern Federal District. Ustinov is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Timur Valiulin is the head of the General Administration for Combatting Extremism within Russia’s Ministry of Interior. Valiulin is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Alexander Zharov is the head of Roskomnadzor (the Federal Service for the Supervision of Communications, Information Technology, and Mass Media). Zharov is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Viktor Zolotov is the Director of the Federal Service of National Guard Troops and Commander of the National Guard Troops of the Russian Federation. Zolotov is being designated pursuant to E.O. 13661 for being an official of the Government of the Russian Federation.
Link:
Treasury Sanctions Music Promoter and Prostitution Ring Leader Linked to Mexican Cartels
APRIL 6, 2018
OFAC Designates High-Profile Individuals Acting on Behalf of CJNG, Los Cuinis Drug Trafficking Organizations in Blow to Cartels’ Money Laundering Operations
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two individuals acting on behalf of Mexican drug cartels for their roles facilitating money laundering and an international prostitution ring. OFAC designated Mexican music promoter Jesus Perez Alvear as a Specially Designated Narcotics Trafficker (SDNT) pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act) for laundering money on behalf of the powerful Cartel de Jalisco Nueva Generacion (CJNG) and the Los Cuinis Drug Trafficking Organization (Los Cuinis DTO). OFAC also designated Venezuelan-Italian fashion photographer Miguel Jose Leone Martinez, who helps lead an international prostitution ring associated with the Los Cuinis DTO.
“Treasury is targeting individuals who work on behalf of violent Mexican drug kingpins, and support their opulent lifestyles by trafficking deadly drugs into the United States,” said Sigal Mandelker, Under Secretary for Terrorism and Financial Intelligence. “Our designation of Jesus Perez Alvear exposes his role helping CJNG and Los Cuinis exploit the Mexican music industry to launder drug proceeds and glorify their criminal activities. We are targeting fashion photographer Miguel Jose Leone who leads an international prostitution ring that recruits models and beauty pageant contestants from South America and Europe into prostitution for senior members of the Los Cuinis DTO.”
These sanctions apply continued pressure to those allied with Mexican drug trafficking organizations CJNG and Los Cuinis, which OFAC designated on April 8, 2015 along with their leadership. As a result of today’s action, any assets in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC. OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of the SDNTs or other blocked persons.
The first individual designated today, Jesus Perez Alvear (a.k.a. “Chucho Perez”), is a Mexican music promoter who launders narcotics proceeds through Mexican concerts on behalf of CJNG and the Los Cuinis DTO, which are led by Nemesio Oseguera Cervantes (a.k.a. “Mencho”) and Abigael Gonzalez Valencia, respectively, both of whom were designated in April of 2015. Chucho Perez has close ties to the family of Gonzalez Valencia, and focuses primarily on promoting concerts staged during large Mexican fairs, such as those held in Aguascalientes and Metepec. Chucho Perez uses violence to obtain concessions to operate these concerts under the name of his music promotion business, Gallistica Diamante (a.k.a. Ticket Premier). This business was also designated today. Chucho Perez launders drug proceeds belonging to CJNG and the Los Cuinis DTO by comingling them with legitimate revenues generated from the sale of tickets, refreshments, parking, and other items. Chucho Perez often promotes musical acts known for singing narcocorridos, or ballads that glorify drug traffickers and their illicit activities. Some of these acts have ties to drug trafficking organizations. For example, he has promoted Julio Cesar Alvarez Montelongo (a.k.a. Julion Alvarez), a Mexican singer designated by OFAC on August 9, 2017 because of his links to the Flores Drug Trafficking Organization, which is allied with CJNG and the Los Cuinis DTO.
The second individual designated today is Miguel Jose Leone Martinez (a.k.a. Miguel Leone), who is a dual Venezuelan-Italian citizen resident in Mexico and associate of Chucho Perez. Miguel Leone, who purports to be a fashion photographer, actually helps lead an international prostitution ring on behalf of the Los Cuinis DTO. Mexican authorities arrested Miguel Leone with Los Cuinis DTO leader Gonzalez Valencia in Mexico in February 2015 but released Leone approximately one year later. Leone uses his role as a fashion photographer to recruit models and beauty pageant contestants from South America and Europe to serve as prostitutes for Gonzalez Valencia and other senior members of the Los Cuinis DTO.
In March 2014, based on an investigation led by the Los Angeles Field Division of the Drug Enforcement Administration (DEA), a federal grand jury in the U.S. District Court for the District of Columbia indicted brothers-in-law Gonzalez Valencia and Oseguera Cervantes, on several charges, including being the principal leaders of a Continuing Criminal Enterprise. Gonzalez Valencia was captured in Mexico in late February 2015, but Oseguera Cervantes remains a fugitive.
OFAC coordinated closely with the following agencies in order to execute today’s action: DEA, the Federal Bureau of Investigation, and U.S. Customs and Border Protection.
Since June 2000, more than 2,000 individuals and entities have been named pursuant to the Kingpin Act for their role in international narcotics trafficking. Penalties for violations of the Kingpin Act range from civil penalties of up to $1,466,485 per violation to more severe criminal penalties. Criminal penalties for corporate officers may include up to 30 years in prison and fines of up to $5 million. Criminal fines for corporations may reach $10 million. Other individuals could face up to 10 years in prison and fines pursuant to Title 18 of the United States Code for criminal violations of the Kingpin Act.
Link:
On April 6th, after the passage of Commission Implementing Regulation (EU) No 2018/537, Her Majesty’s Treasury (HMT) amended the following ISIL (Da’esh) and Al-Qaida sanctions listing:
KHATIBA IMAM AL-BUKHARE (KIB)
a.k.a: KHATAIB AL-IMAM AL-BUKHARI Address: (1) Afghanistan/Pakistan border area (previous location). (2) Idib, Aleppo and Khama, Syrian Arab Republic (operation
zone). (3) Khan-Shaykhun, Syrian Arab Republic, (53km south of Idib, location as at March 2018). Other Information: UN Ref QDe.158. Associated with Al-Nusrah Front for the People of the Levant (QDe.137). Committed terrorist attacks in the Syrian Arab Republic. Since 2016, redeployed to Northern Afghanistan to project attacks against Central Asia countries. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017]. [UN Listing (formerly temporary listing, in accordance with Policing and Crime Act 2017]. Listed on: 03/04/2018 Last Updated: 03/04/2018 06/04/2018 Group ID: 13624.
to remove the “temporary listing” wording included in the intiial listing when the UN adopted this record.
Links:
On April 10, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation 2018/548 by removing the temporary listing verbiage from listings for the following person:
YUAN, TSAN, YUNG
DOB: 20/10/1957. a.k.a: (1) TSANG, Neil (2) TSANG, Yun, Yuan Passport Details: Number 302001581 Other Information: UN Ref KPi.080. Has coordinated North Korean coal exports with a North Korean broker operating in a third country and has a history of sanctions evasion activities. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13625.
and entities:
CHANG AN SHIPPING & TECHNOLOGY
a.k.a: CHANG AN SHIPPING AND TECHNOLOGY Address: Room 2105, DL1849, Trend Centre, 29-31 Cheung Lee Street, Chai Wan, Hong Kong, China. Other Information: UN Ref KPe.055. Registered owner, ship manager, and commercial manager of Panama- flagged vessel HUA FU, a cargo ship that loaded DPRK coal at Najin, DPRK on September 24, 2017. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13626.
CHONMYONG SHIPPING CO
a.k.a: CHON MYONG SHIPPING COMPANY LIMITED Address: (1) Kalrimgil 2-dong, Mangyongdae-guyok, Pyongyang, DPRK (2) Saemaul 2-dong, Pyongchon-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.056. Registered owner of CHON MYONG 1, a DPRK-flagged vessel that conducted ship-to-ship transfer of fuel in late December 2017. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13627.
FIRST OIL JV CO LTD
Address: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.057. Owner of the DPRK tanker PAEK MA, which was involved in ship to ship transfer operations for oil in mid-January 2018. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13628.
HAPJANGGANG SHIPPING CORP
Address: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: KPe.058. Registered owner of the DPRK tanker NAM SAN 8, which is believed to have been involved in ship to ship transfer operations for oil, and owner of vessel HAP JANG GANG 6. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13629.
HUAXIN SHIPPING HONGKONG LTD
Address: Room 2105, Trend Centre, 29-31 Chueng Lee Street, Chai Wan, Hong Kong, China. Other Information: UN Ref. KPe.059. Ship and commercial manager of the ASIA BRIDGE 1. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13630.
KINGLY WON INTERNATIONAL CO LTD
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH 96960, Marshall Islands. Other Information: UN Ref KPe.060. In 2017, Tsang Yung Yuan (aka Neil Tsang) and Kingly Won attempted to engage in an oil deal valued at over $1 million with a petroleum company in a third country to illicitly transfer to the DPRK. Kingly Won acted as a broker for that petroleum company and a Chinese company that reached out to Kingly Won to purchase marine oil on its behalf. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13631.
KOREA ACHIM SHIPPING CO
Address: Sochang-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.061. Registered owner of DPRK tanker CHON MA SAN. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13632.
KOREA ANSAN SHIPPING COMPANY
a.k.a: KOREA ANSAN SHPG COMPANY Address: Pyongchon 1-dong, Pyongchon-guyok, Pyongyang, DPRK. Other Information: UN Ref.062. Registered owner of DPRK tanker AN SAN 1 believed to have been involved in ship to ship transfer operations for oil. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13633.
KOREA MYONGDOK SHIPPING CO
Address: Chilgol 2-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.063. Registered owner of the YU PHYONG 5. In late November 2017 the YU PHYONG 5 conducted a ship-to-ship transfer of 1,721 metric tons of fuel oil. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/201810/04/2018 Group ID: 13634.
KOREA SAMJONG SHIPPING
Address: Tonghung-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.064. Registered owner of DPRK tankers SAM JONG 1 and SAM JONG 2. Both vessels are believed to have imported refined petroleum to DPRK in violation of UN sanctions in late January 2018. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13635.
KOREA SAMMA SHIPPING CO
Address: Rakrang 3-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.065. DPRK-flagged tanker, SAM MA 2 owned by Korea Samma Shipping Company, conducted a ship-to-ship transfer of oil and fabricated documents in mid- October 2017 loading almost 1,600 metric tons of fuel oil in one transaction. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13636.
KOREA YUJONG SHIPPING CO LTD
Address: Puksong 2-dong, Pyongchon-guyok, Pyongyang, DPRK Other Information: UN Ref KPe.066. Company Number IMO 5434358 Registered owner of the DPRK tanker YU JONG 2 which loaded 1,168 kiloliters of fuel oil through a ship to ship transfer operation. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13637.
KOTI CORP
Address: Panama City, Panama. Other Information: UN Ref.067. Ship manager and commercial manager of the Panama-flagged vessel KOTI, which conducted ship-to-ship transfers of likely petroleum product to the DPRK-flagged KUM UN SAN 3. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/201810/04/2018 Group ID: 13638.
MYOHYANG SHIPPING CO
Address: Kumsong 3-dong, Mangyongdae-guyok, Pyongyang, DPRK. Other Information: UN Ref KPe.068. Ship manager of DPRK oil products tanker YU SON, which is believed to have been involved in ship to ship transfer operations for oil. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13639.
PAEKMA SHIPPING CO
a.k.a: Care of First Oil JV Co Ltd Address: Jongbaek 1-dong, Rakrang-guyok, Pyongyang, DPRK. Other Information: UN Ref.KPe.069. Registered owner of the DPRK tanker PAEK MA, which was involved in ship to ship transfer operations for oil in mid- January 2018. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13640.
PHYONGCHON SHIPPING & MARINE
a.k.a: PHYONGCHON SHIPPING AND MARINE Address: Otan-dong, Chung-guyok, Pyongyang, DPRK. Other Information: UN Ref.KPe 070. Registered owner of DPRK tanker JI SONG 6, which is believed to have been involved in ship to ship transfer operations of oil in late January 2018. The company also owns vessels JI SONG 8 and WOORY STAR. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13641.
PRO-GAIN GROUP CORPORATION
Address: Le Sanalele Complex, Ground Floor, Vaea Street, Saleufi, Apia, Samoa. Other Information: UN Ref KPe.071. Company owned or controlled by Tsang Yung Yuan and involved in illicit transfers of DPRK coal. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13642.
SHANGHAI DONGFENG SHIPPING CO LTD
Address: Room 601, 433, Chifeng Lu, Hongkou Qu, Shanghai, 200083, China. Other Information: UN Ref KPe.072. Registered owner, ship and commercial manager of the DONG FENG 6, a vessel that loaded coal at Hamhung, DPRK on July 11, 2017 for export in violation of UN sanctions. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13643.
SHEN ZHONG INTERNATIONAL SHIPPING
Address: Unit 503, 5th Floor, Silvercord Tower 2, 30, Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong, China. Other Information: UN Ref KPe.073. Ship and commercial manager of HAO FAN 2 and HAO FAN 6, St Kitts-Nevis-flagged vessels. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13644.
WEIHAI WORLD-SHIPPING FREIGHT
Address: 419-201, Tongyi Lu, Huancui Qu, Weihai, Shandong 264200, China. Other Information: UN Ref KPe.074. Ship and commercial manager of the XIN GUANG HAI. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13645.
YUK TUNG ENERGY PTE LTD
Address: 17-22, UOB Plaza 2, Raffles Place, Singapore 048624, Singapore. Other Information: UN Ref KPe.075. Ship manager and commercial manager of the YUK TUNG, which conducted ship-to-ship transfer of refined petroleum product. Annex XIII. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13646.
CHON MYONG 1
Other Information: (IMO number: 8712362) Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018
Group ID: 13647.
AN SAN 1
Other Information: (IMO number: 7303803). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13648.
YU PHYONG 5
Other Information: (IMO number: 8605026) Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018
Group ID: 13649.
SAM JONG 1
Other Information: (IMO number: 8405311) Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13650.
SAM JONG 2
Other Information: (IMO number: 7408873). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13651.
SAM MA 2
Other Information: (IMO number: 8106496). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13652.
YU JONG 2
Other Information: (IMO number: 8604917). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13653.
PAEK MA
Other Information: (IMO number: 9066978). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13654.
JI SONG 6
Other Information: (IMO number: 8898740). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13655.
CHON MA SAN
Other Information: (IMO number: 8660313). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13656.
NAM SAN 8
Other Information: (IMO number: 8122347). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13657.
YU SON
Other Information: (IMO number: 8691702) Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13658.
WOORY STAR
Other Information: (IMO number: 8408595). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13659.
JI SONG 8
Other Information: (IMO number: 8503228) Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13660.
HAP JANG GANG 6
Other Information: (IMO number: 9066540). Annex XIV. [UN Listing (formerly temporary listing, in accordance with the Policing and Crime Act 2017]. [Listing to be treated as temporary for 30 days from the date of listing by the UN or until the EU adds the new listing to an existing sanctions regulation (whichever is sooner) in accordance with Policing and Crime Act 2017] Listed on: 03/04/2018 Last Updated: 05/04/2018 10/04/2018 Group ID: 13661.
to the North Korea sanctions program.
Links:
