Australian sanctions gets its own office!
UNCLASSIFIED Good afternoon, On behalf of the Sanctions Section at the Department of Foreign Affairs and Trade (DFAT), we would like to wish you a safe holiday period and a Happy New Year. Over...
View ArticleDecember 19、2019: OFAC extends COSCO-related Iran sanctions General License
Yesterday, OFAC issued a new version of Iran General License K, which permits maintenance and wind-down activities involving COSCO Shipping Tanker (Dalian) Co, Ltd. The new version now expires on...
View ArticleOFAC adds 5 to Mali sanctions
Today, OFAC added the following people: AG ALBACHAR, Ahmed (a.k.a. AG ALBACHAR, Intahmadou), Quartier Aliou, Kidal, Mali; DOB 31 Dec 1963; POB Tin-Essako, Kidal region, Mali; nationality Mali; Gender...
View ArticleSECO amends 12, removes two from DRC sanctions
Today, Swiss authorities removed the following: SSID: 100-38126 Name: Kibelisa Roger DOB: 9 Sep 1959 POB: Fayala, Congo DR Good quality a.k.a.: Roger Kibelisa Ngambaswi Address: 24, avenue Photopao,...
View ArticleBefore I head to vacation… UN, OFSI add 5 to Mali sanctions
Under the authority of the United Nations and European Union Financial Sanctions (Linking) Regulations 2017, UK regulators just added the following 5 persons to its Mali sanctions program: 1. AG...
View ArticleDecember 21, 2019: SECO amends Mali sanctions listings
On Saturday, Swiss officials amended the following 5 individual Mali sanctions listings: SSID: 320-40651 Name: Ahmed Ag Albachar DOB: 31 Dec 1963 POB: Tin-Essako, Kidal region, Mali Good quality...
View ArticleDecember 20, 2019: New Ukraine/Russia-related FAQ
On Friday, OFAC issued the following new Ukraine/Russia-related Frequently-Asked Question: 815. How does the U.S. government plan to implement the wind-down specified in Section 7503(d) of the National...
View ArticleOFAC Enforcement Action: ACE Limited/Chubb Limited
Simply put, Chubb Corporation merged with ACE Limited, and one of ACE’s subsidiaries was subject to US jurisdiction (because one of its parents was incorporated in the US). And that subsidiary...
View ArticleHKMA Alert: Fraudulent Airstar Bank website
16 Dec 2019 Fraudulent website related to Airstar Bank Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Airstar Bank Limited on...
View ArticleOFAC Enforcement Action: Allianz Global Risks US Insurance Company
Allianz agreed to pay $170,535 for 6474 voluntarily self-disclosed, non-egregious apparent violations of the Cuban Asset Control Regulations (CACR), reduced from a base penalty of $270,690.90. Here is...
View ArticleHKMA Issues Virtual Assets Circulars
16 December 2019 The Chief Executive All Authorized Institutions Dear Sir/Madam, Managing ML/TF risks associated with virtual assets (VAs) and virtual asset service providers (VASPs) I am writing to...
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OFSI blog post: Am I dealing with a sanctioned entity?
Am I dealing with a sanctioned entity? Posted by: OFSI, Posted on: 17 December 2019 – Categories: Compliance, Financial sanctions, Implementation, Libya It is relatively straightforward to find out if...
View ArticleHKMA Alert: Fraudulent China CITIC Bank website
18 Dec 2019 Fraudulent website related to China CITIC Bank International Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by China CITIC...
View ArticleJanuary 3, 2020: OFAC adds 1 to counter terror sanctions, updates 2 Global...
On Friday, OFAC added: ASA’IB AHL AL-HAQ (a.k.a. AL-TAYAR AL-RISALI; a.k.a. ASA’IB AHL AL-HAQ MIN AL-IRAQ; a.k.a. ASA’IB AHL AL-HAQQ; a.k.a. ASAIB AL HAQ; a.k.a. KHAZALI NETWORK; a.k.a. KHAZALI SPECIAL...
View ArticleSECO removes a raft-full of Iraqi entities
Earlier today, Swiss authorities removed the following entities: SSID: 70-2012 Name: Baghdad Municipality Address: Khulafa Street, Khulafa Square, Baghdad, Iraq Modifications: De-listed on 2 Jan 2020...
View ArticleUN, DFAT add 5 to Mali sanctions
Earlier today, Australian added the following persons: MLi.004 Name: 1: AHMED 2: AG ALBACHAR Title: N/A Designation: President of the Humanitarian Commission of the Bureau Regional d’Administration et...
View ArticleUN, DFAT remove 15 entities from Iraq sanctions
Pursuant to changes made by the United Nations Sanctions Committee for the Iraq sanctions program, today Australian officials removed the following entities: IQe.017 Name: BAGHDAD MUNICIPALITY A.k.a.:...
View ArticleOFAC amends Venezuela General License 6
Earlier today, OFAC issued an amended version of Venezuela General License 6 “Authorizing Certain Activities Necessary to the Wind Down of Operations or Existing Contracts with Globovision Tele C.A. or...
View ArticleTaban Deng Gai added to Global Magnitsky sanctions
Earlier today, OFAC added: GAI, Taban Deng, Juba, South Sudan; DOB 01 Jan 1953; POB Kuerbona, South Sudan; nationality South Sudan; Gender Male (individual) [GLOMAG]. to their Global Magnitsky human...
View ArticleEU, OFSI update 5 under Mali sanctions
UK regulators earlier today implemented Council Implementing Regulation (EU) 2020/8 by amending the listings for the following 5 individuals designated under the Mali sanctions program: 1. AG ALBACHAR,...
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