Wait for it (Part 1 – Russian Federation Executive Order)
BRIEFING ROOM Executive Order on Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation APRIL 15, 2021 • PRESIDENTIAL ACTIONS By the...
View ArticleNo need to wait anymore – major new US sanctions on Russia
Today, after President Biden issued a new Executive Order, Treasury issued the following Directive under it: OFFICE OF FOREIGN ASSETS CONTROL DIRECTIVE 1 UNDER EXECUTIVE ORDER OF APRIL 15, 2021...
View ArticleOFAC-related Treasury Press Release 1 – New Russia Sanctions authority
PRESS RELEASES Treasury Sanctions Russia with Sweeping New Sanctions Authority April 15, 2021 WASHINGTON — Today, the U.S. Department of the Treasury took multiple sanctions actions under a new...
View ArticleHKMA Alert: Fraudulent Dah Sing Bank website and phishing email
26 Mar 2021 Fraudulent website and phishing email related to Dah Sing Bank, Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Dah Sing...
View ArticleCanada issues its Solarwinds statement
Statement on SolarWinds Cyber Compromise April 15, 2021 – Ottawa, Ontario – Global Affairs Canada The Honourable Marc Garneau, Minister of Foreign Affairs, the Honourable Bill Blair, Minister of...
View ArticleEU adds one to counter terror list
EU fight against terrorism: one person added to the ISIL/Da’esh and Al-Qaida list The Council today decided to add one person to the EU sanctions regime against ISIL/Da’esh and Al-Qaida and persons,...
View ArticleHot off the presses!
Everything But the Kitchen Sink, the latest episode of Mr. Watchlist’s DesigNation, is all about today’s Executive Order and Treasury’s Directive. A massive E.O., to be sure, but I like how it put...
View ArticleHKMA Alert: Fraudulent EFG Bank website
29 Mar 2021 Website Alert – Fraudulent website related to EFG Bank AG The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by EFG Bank AG relating to...
View ArticleOFSI removes 6 from Iraq sanctions
Today, the UK removed the following 6 entities: 1. GENERAL ESTABLISHMENT FOR BAKERIES AND OVENS a.k.a: General Establishment Of Bakeries And Ovens Address: (1) Sulaimaniya, Iraq. (2) Samawa, Iraq. (3)...
View ArticleSECO delists some Iraq entities
Today, Swiss authorities – as the British did earlier today – delisted the following entities: SSID: 70-2106 Name: General Establishment For Bakeries And Ovens Good quality a.k.a.: General...
View ArticleHKMA Alert: Fraudulent Standard Chartered Bank websites and phishing instant...
30 Mar 2021 Website and Instant Message Alert – Fraudulent websites and phishing instant messages related to Standard Chartered Bank (Hong Kong) Limited The Hong Kong Monetary Authority (HKMA) wishes...
View ArticleNow it’s DFAT‘s turn to delist those Iraqi entities
Yesterday (Sunday in the US), Australian officials implemented the following removals from the Iraq sanctions program made by the United Nations 1518 Sanctions Committee: IQe.038 Name: GENERAL...
View ArticleEU sanctions 10 persons, 2 entities under Myanmar program
Myanmar/Burma: EU imposes sanctions on 10 individuals and two military-controlled companies over the February military coup and subsequent repression The EU approves sanctions targeting individuals...
View ArticleOFAC puts Belarus General License 2 on a very short leash…
The last issuance of General License 2 in October 2019 was for a period of 18 months – the new one, GL 2Hj? 45 days (till June 3rd). And reporting of transactions, single or in the aggregate, totaling...
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OFSI writes blog post about licensing…
Introduction to licensing Posted by: OFSI, Posted on: 19 April 2021 – Categories: Financial sanctions, Implementation As readers of OFSI’s previous blogs will be aware, the new UK autonomous sanctions...
View ArticleIn case you were wondering… State clarifies about the update to Belarus GL 2
Revocation of the Authorization of Belarus General License 2G Due to Human Rights Violations and Abuses PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE APRIL 19, 2021 Share The U.S. Department...
View ArticleOFAC Enforcement Action: Alliance Steel, Inc.
The firm settled 61 non-egregious, voluntarily self-reported violations of the Iranian Transactions and Sanctions Regulations (ITSR), reduced from a base penalty of $725,004. What Alliance Did...
View ArticleSECO removes 1 from Libya sanctions
On Tuesday, Swiss authorities removed the following person: SSID: 130-36266 Name: Ghwell Khalifa Sex: M DOB: a) 1 Jan 1956 b) 1 Jan 1951 POB: Misurata, Libya Good quality a.k.a.: a) Al Ghweil Khalifa...
View ArticleHKMA Alert: Mega International Commercial Bank phishing email
31 Mar 2021 Email Alert – Phishing email related to Mega International Commercial Bank Co., Ltd. The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued...
View ArticleBurma sanctions on state timber and pearl enterprises, and OFAC says buh-bye...
OFAC has added the following entities: to its Burma sanctions regime: MYANMA TIMBER ENTERPRISE (a.k.a. MYANMAR TIMBER ENTERPRISE; f.k.a. STATE TIMBER BOARD; f.k.a. TIMBER CORPORATION), Gyogone Forest...
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