State Department Press Release on yesterday’s OFAC designations…better late...
Designation of Individuals and Entities Linked to Iranian Procurement Networks under E.O. 13382 (“Blocking Property of Weapons of Mass Destruction and Their Supporters”) PRESS STATEMENT MICHAEL R....
View ArticleIn case you haven’t been listening…
OFSI to update consolidated list links tomorrow Tomorrow, OFSI will update links to the consolidated list, the system it uses to publish the details of individuals and entities subject to financial...
View ArticleAugust 28, 2019: EU, OFSI update Bah Ag Moussa counter terror listing
Yesterday, UK regulators implemented Commission Implementing Regulation (EU) 2019/1375 by amending the following individual designation: AG MOUSSA, Bah DOB: (1) 01/01/1958. (2) 31/12/1952. (3)...
View ArticleAugust 29, 2019: OFAC sanctions financial firms and persons facilitating...
On Thursday, OFAC designated the following persons: AL-AYY, Muhammad Kamal (a.k.a. ALAY, Muhammad Kamal Salamah), Gaza, Palestinian; DOB 22 Dec 1970; Gender Male; National ID No. 912396140...
View ArticleHKMA Alert: And Another HSBC Phishing Email (the next day)
Press Releases Phishing email 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...
View ArticleAugust 30, 2019: More OFAC North Korean designations
On Friday, OFAC added the following persons: CHEN, Mei Hsiang (Chinese Traditional: 陳美香) (a.k.a. CHEN, Mei-Hsiang), Taiwan; DOB 18 May 1956; nationality Taiwan; Gender Female; Secondary sanctions risk:...
View ArticleAugust 30, 2019: OFSI finally updates everything
Consolidated list updated links published today Today, OFSI has published new links to the consolidated list, the system it uses to publish the details of individuals and entities subject to financial...
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August 30, 2019: OFAC designates reflagged, renamed Iranian vessel and its...
This is a strange one. On Friday, OFAC designated the cargo vessel: ADRIAN DARYA 1 (f.k.a. GRACE 1) Crude Oil Tanker Iran flag; Former Vessel Flag Panama; Vessel Registration Identification IMO 9116412...
View ArticleSeptember 3, 2019: OFAC publishes the Nicaragua Sanctions Regulations
Publication of Nicaragua Sanctions Regulations 9/3/2019 The Office of Foreign Assets Control (OFAC) is issuing regulations to implement Executive Order 13851 of November 27, 2018 (“Blocking Property...
View ArticleSeptember 3, 2019: OFAC spaces out on Iran, and updates one counter narcotics...
On Tuesday, OFAC designated the following entities under its Iran sanctions program: ASTRONAUTICS RESEARCH INSTITUTE (a.k.a. AEROSPACE RESEARCH INSTITUTE; a.k.a. ASTRONAUTICS SYSTEMS RESEARCH CENTER),...
View ArticleHKMA Alert: Fraudulent Bank of Singapore websites
Press Releases Fraudulent websites related to Bank of Singapore Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of Singapore...
View ArticleHKMA Alert: Fraudulent Standard Chartered websites
Press Releases Fraudulent websites related to Standard Chartered Bank (Hong Kong) Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by...
View ArticleSeptember 5, 2019: OFAC updates Iran FAQ 296, adds more
Here’s the updated FAQ 296: 296. Will the provision of bunkering services to a non-Iranian vessel carrying non-sanctionable goods to or from Iran be subject to sanctions? If a non-Iranian vessel is...
View ArticleDFAT publishes overview of all sanctions programs
UNCLASSIFIED Dear subscribers I write to advise you of new guidance material developed by the Department of Foreign Affairs and Trade (DFAT) in relation to Australia’s sanctions regimes. As you may be...
View ArticleSeptember 4, 2019: OFAC sanctions Iranian shipping network
On Wednesday, OFAC designated the following persons: AKBARI, Mohammadreza Ali (a.k.a. ALIAKBARI, Mohammad Reza Abbas; a.k.a. ALI-AKBARI, Mohammadreza; a.k.a. “AKBARI, Ali”); DOB 31 Oct 1967; Passport...
View ArticleHKMA Alert: Fraudulent Hong Leong Bank Berhad website and phishing email
Press Releases Fraudulent website and phishing email related to Hong Leong Bank Berhad The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hong...
View ArticleSeptember 6, 2019: OFAC updates Cuban regulations, FAQs
Publication of Updated Cuban Assets Control Regulations (CACR) and Frequently Asked Questions 9/6/2019 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the Cuban...
View ArticleOFAC adds a new Venezuela General License, and amends FAQ 680
Earlier today, OFAC issued a new Venezuela General License “Authorizing Transactions Involving Certain Government of Venezuela Persons”: GENERAL LICENSE NO. 34 Authorizing Transactions Involving...
View ArticleOFAC posts the latest TSRA Report
Eighth Biennial Report for Licensing Activities Undertaken Pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA) 8/19/2019 OFAC has released a Biennial Report of Licensing...
View ArticleSeptember 5, 2019: OFSI issues Frozen Assets Reporting notice/reminder
Background 1. Financial sanctions legislation applicable in the UK requires that all funds or economic resources belonging to, owned, held or controlled by a designated person must be frozen. Under...
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