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October 29, 2014: UN, HMT remove 13 from Yugoslav sanctions
On Wednesday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 1145/2014, removing the following persons from their Consolidated List: GAJIC-MILOSEVIC, Milica DOB:...
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October 24, 2014: OFAC Releases Q1 FY2014 TSRA Licensing Report
OFAC has a unusual fiscal year, starting in October. On Friday, they released their Q1 TSRA Licensing Report, covering October through December 2013. The TSRA (Trade Sanctions Reform and Export...
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Trick or Treat? OFAC Adds Aung Thaung to Burmese Sanctions
On Friday (Halloween), the Office of Foreign Assets Control (OFAC) added the following person to the Specially Designated Nationals (SDN) List under the Burma sanctions program: THAUNG, Aung, No. 1099,...
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Even Obamacare doesn’t cover SDNs: Bupa Florida pays $128,704
OFAC and Bupa Florida agreed to a fine of $128,704 to settle liabilities for 39 apparent violations of the anti-narcotics sanctions programs and Cuba Asset Control Regulations (CACR) between March 2008...
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October 24, 2014: OFAC Releases Q1 FY2014 TSRA Licensing Report
OFAC has a unusual fiscal year, starting in October. On Friday, they released their Q1 TSRA Licensing Report, covering October through December 2013. The TSRA (Trade Sanctions Reform and Export...
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Indam In Hot Water with OFAC
Indam International agreed to pay $44,850 to settle 9 apparent violations of exporting or trying to export goods valued at $27,846 to the UAE that were ultimately intended for Iran. The violations...
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November 3, 2014: OSFI adds Jaysh al-Mujahirin wal-Ansar to terror sanctions
On Monday, November 3, Canadian regulators added the following terror group to its Consolidated List: Jaysh al-Muhajirin wal-Ansar (JMA) (also known among other names as Jaish al-Muhajireen wal Ansar,...
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November 4, 2014: OFAC Updates FAQ 417 on Iran Overflight and Emergency...
On Tuesday, November 4, OFAC updated Question 914 in its FAQ relating to its policy regarding payments to overflights over Iran and/or emergency landings in Iran. The changes are that: (i) payments to...
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November 4, 2014: EU, HMT clean Belarus house – 31 removals, 40 changes
In accordance with Commission Implementing Regulation (EU) No 1159/2014, Her Majesty’s Treasury removed 24 people and 7 entities from its Consolidated List, under the Belarus sanctions program. In...
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November 5, 2014: EU, HMT remove Al-Haramain Foundation from terror rolls
On Wednesday, November 5, Her Majesty's Treasury implemented Commission Implementing Regulation (EU) No 1193/2014 by removing the following entity from its Consolidated List, where it had been added...
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November 10, 2014: DFAT adds 3 to terror sanctions
On the advice of the UN's 2140 Committee, Australian regulators have added the following 3 persons to their Consolidated List: YEi.001 Name: 1: ABD 2: AL-KHALIQ 3: AL-HUTHI 4: na Name (original...
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November 5, 2014: HMT removes Sofiane Yacine Fahas from TAFA Final Designations
You learn something new every day… Turns out that the list maintained by Her Majesty's Treasury (HMT) under the Terrorist Asset-Freezing etc. Act of 2010 is not purely autonomous. The Council of the...
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November 6, 2014: OFAC adds 2 people, 1 entity to list of Kingpins
On November 6, OFAC added the following 2 individuals: PEREZ OCAMPO, German Alberto (a.k.a. ORTIZ ESPINEL, Gustavo Adolfo), CL34E9115, Medellin, Colombia; DOB 14 Jun 1965; alt. DOB 12 Jun 1971; citizen...
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UN Narrative Summary for Abd Al-Khaliq Al-Huthi
The United Nations 2140 committee, when it designates a terrorist for asset freezes and travel bans, includes a narrative of why that person or entity is being designated. This person was designated on...
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November 10, 2014: 3 more added to OFAC’s Yemen sanctions
On November 10th, OFAC added the following 3 persons: AL HAKIM, Abdullah Yahya (a.k.a. AL HAKIM, Abu Ali; a.k.a. AL-HAKIM, Abdallah; a.k.a. ALHAKIM, Abu Ali; a.k.a. AL-HAKIM, Abu-Ali; a.k.a....
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November 10, 2014: HMT renews 3 terrorist group Final Designations
On November 10, Her Majesty’s Treasury renewed the Final Designations of the following 3 groups: 1. EJERCITO DE LIBERACION NACIONAL (ELN) a.k.a: National Liberation Army Other Information: Both UK...
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UN Narrative Summary for Abdullah Yahya al Hakim
The United Nations 2140 committee, when it designates a terrorist for asset freezes and travel bans, includes a narrative of why that person or entity is being designated. This individual was...
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November 13, 2014: SECO expands Ukraine-related sanctions
On Thursday, Swiss regulators made changes to their Ukraine-related sanctions program to bring it in line with the EU and OFAC program details. Rather than mislead you with the vicissitudes of Google...
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OFAC gets picky on petro projects…
On Tuesday, OFAC added another question to its FAQ for the Ukraine-related sanctions program: 418. How does OFAC interpret the term “shale projects” with respect to the prohibitions in Directive 4...
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November 18, 2014: You’re older than you look, Zhirinovsky!
On November 18, Her Majesty's Treasury, in line with Council Implementing Regulation (EU) No 1225/2014, updated the following record on its Consolidated List's Ukraine-related sanctions program:...
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