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Who is ABUBAKAR MOHAMMED SHEKAU?
Courtesy of the United Nations: QI.S.322.14. ABUBAKAR MOHAMMED SHEKAU Date on which the narrative summary became available on the Committee’s website: 26.06.14 Abubakar Mohammed Shekau was listed on...
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Red Bull gives you civil monetary penalties: OFAC Enforcement Action
On Friday, OFAC released its settlement with Red Bull North America (RBNA), issuing a civil monetary penalty of $89,775 vs. a base penalty of $105,000 and a maximum penalty of $455,000. Why? Because,...
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Sacrebleu!
No need for any more in the title – BNP just got whacked for the largest set of civil monetary penalties ever. It's a little deceptive when you first look at OFAC's notice, which only mentions one...
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What is Ansarul Muslimina Fi Biladis-Sudan?
Courtesy of the United Nations: QE.A.142.14. ANSARUL MUSLIMINA FI BILADIS-SUDAN Date on which the narrative summary became available on the Committee’s website: 26.06.14 Ansarul Muslimina Fi...
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July 1, 2014: OFAC designations under Kingpin Act, DRC sanctions
Yesterday, OFAC designated the following individuals under its counter-narcotics sanctions program: ALZATE GIRALDO, Rosalba; DOB 13 Sep 1956; POB Santuario, Antioquia, Colombia; citizen Colombia;...
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OFAC amends and reissues Burma sanctions regulations
Yesterday, OFAC amended and reissued their regulations for the Burma sanctions program, publishing the final rule in the Federal Register. This basically cleaned them up after the significant changes...
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July 2, 2014: OFAC designates more criminals
On Wednesday, OFAC designated the following persons under the Transnational Criminal Organizations (TCO) sanctions program: BARBATO, Francesco; DOB 21 Nov 1979; POB San Cipriano d'Aversa, Italy...
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July 2, 2014: OFAC Issues Preliminary South Sudan Regulations
On April 3, 2014, President Obama issued Executive Order 13664, which sanctioned persons who “threaten the peace, security, or stability of South Sudan and the surrounding region, including widespread...
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July 3, 2014: UN, DFAT update 3 on Libya sanctions list
On Thursday, Australian regulators adopted the following changes made by the United Nations Libya Sanctions Committee to 2 individuals (reformatting mine): 1. Dorda, Abu Zayd Umar (Listed on 26...
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Happy Non-Independence Day! HMT makes 3 new TAFA Final Designations
On Friday, Her Majesty’s Treasury (HMT), made new Final Designations (good for one year unless renewed) under the Terrorist Asset-Freezing etc. Act of 2010 (TAFA) for the following persons: AMIN, Ruhul...
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HKMA over its jet lag, catches up to 3 months of UN sanctions updates
Hong Kong authorities posted a laundry list of updates from the UN and OFAC (in regard to Executive Order 13224), complete with URLs. The notice also includes the relevant UN press releases. For...
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Executive Order 13622 FAQ
On July 30, 2012, the President signed Executive Order 13622 to authorize additional sanctions with respect to Iran. Effective as of 12:01 a.m. Eastern Standard Time on July 31, 2012, the order...
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July 7, 2014: 31 CFR 553 is now the Central African Republic sanctions...
On Monday, OFAC published its preliminary sanctions regulations governing the program for the Central African Republic (CAR). As with the South Sudan regulations released last week, OFAC notes that it...
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July 8, 2014: New US DRC sanctions Executive Order
Yesterday, President Obama issued a new Executive Order to expand the sanctions on the Democratic Republic of the Congo (DRC). It amends Executive Order 13413, which is linked to below – in order to...
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OFAC’s Burma Sanctions FAQ
Questions Related to Burma Sanctions Print This entire FAQ topic 268. What recent steps has the United States taken to ease U.S. economic and trade sanctions against Burma? In May 2012, President Obama...
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Finally, HMT catches up to Abubakar Mohammed Shekau…
Yesterday, Her Majesty's Treasury added the leader of Boko Haram: ABUBAKAR Shekau Mohammad Title: Imam DOB: –/–/1969. POB: Shekau Village, Yobe State, Nigeria a.k.a: (1) BI MOHAMMED, Abu, Muhammed,...
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You may no longer say “No Comprendo”…
OFAC, in order that non-English speakers cannot claim to not understand the CISADA regulations, has helpfully provided a number of foreign translations… as do I, below. Links: CISADA translated into...
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OFAC FAQ: The SDN List vs. the BIS Denied Persons List
56. What is the difference between the SDN List and the Commerce Department's List of Denied Parties? Why can't they be integrated into one list? Specially Designated Nationals and Blocked Persons...
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July 9, 2014: OFAC adds to Syria, WMD sanctions listings
On Wednesday, OFAC added the following entities under its non-proliferation sanctions program: EXPERT PARTNERS (a.k.a. EXPERTS PARTNERS), Rukn Addin, Saladin Street, Building 5, PO Box 7006, Damascus,...
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Upcoming July Thomson Reuters events added to event calendar
There are two webcasts for the US coming up on the 24th and 30th on interesting topics – trends in AML and sanctions compliance, and change management for compliance processes. Additionally, there's a...
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