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May 17, 2016: Major changes to Burmese SDN Listings
On Tuesday, OFAC added a handful of entities linked to Stevem Law or Asia World Co Ltd: ASIA MEGA LINK CO., LTD., No. 39/40, Bogyoke Aung San Road, Bahosi Housing, Lanmadaw, Rangoon, Burma;...
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May 18, 2016: SECO updates Iran sanctions
On Wednesday, Swiss regulators delisted the following individuals listed under the Iran sanctions program: SSID: 80-13085 Foreign identifier: 5. Name: Hamedani Hossein Justification: Head of the...
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May 20, 2016: EU, HMT add 19 to DPRK sanctions
On Friday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2016/780 by adding the following persons: CHOE Kyong-Song Title: Colonel General Other Information: EU...
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May 19, 2016: SECO updates North Korea sanctions
Yesterday, Swiss regulators added the following cargo vessels: SSID: 150-34423 Name: Chol Ryong Good quality a.k.a.: Ryong Gun Bong Other information: IMO Number: 8606173 Modifications: Listed on 18...
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New Hong Kong Securities and Futures Commission AML/CFT Circular
On May 3rd, the Hong Kong Securities and Futures Commission (SFC) issued a Circular outlining recent international sanctions updates. This time, it’s just a bunch of updates from the United Nations...
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May 17, 2016: Significant changes to OFAC Burma program
OFAC says it best: Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Burmese Sanctions Regulations, 31 C.F.R. part 537 (“the Regulations”), and updated...
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OFAC’s LIBYA3 Executive Order
Section 1 of Executive Orders define the underlying behaviors being sanctioned, so let’s skip to the chase and show that for the latest US Executive Order on Libya. People are sanctioned if they are...
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May 25, 2016：OFAC adds two entities to terror list
On Wednesday, OFAC added the following 2 entities: JAMA’AT UL DAWA AL-QU’RAN (a.k.a. ASSEMBLY FOR THE CALL OF THE KORAN AND THE SUNNAH; a.k.a. JAMA’AT AD-DA’WA AS-SALAFIYA WA-L-QITAL; a.k.a. JAMAAT AL...
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May 27, 2016: DFAT adds to autonomous DPRK sanctions
On Friday, Australia designated the following person under the Autonomous Sanctions Regulations for North Korea: Name of Individual: Jacob Steiger Date of Birth: 27/04/1941 Place of Birth:...
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May 27, 2016: EU ramps up DPRK sanctions
North Korea: EU adopts new restrictions on trade, financial services, investment and transport On 27 May 2016, the Council adopted additional restrictive measures against the Democratic People’s...
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Hizballah Financial Sanctions Regulations
From the Federal Register – Subpart B contains the meat of the regulations (i.e. What gets you sanctioned, and what sanctions are imposed). Note: This is not an asset-freezing sanctions regime – it’s...
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One more year for EU sanctions on Syria
Syria: EU extends sanctions against the regime by one year On 27 May 2016, the Council extended EU restrictive measures against the Syrian regime until 1 June 2017. This decision is in line with...
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OFAC Panama-related Kingpin FAQs
General Licenses Issued Authorizing Certain Activities Pertaining to Panama 470. What transactions and activities does General License 2 (Authorizing Certain Transactions and Activities Necessary to...
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June 2, 2016: HMT announced EU expansion of DPRK sanctions
On May 28th, the EU adopted Council Regulation (EU) No 2016/841, which makes the following changes to sanctions on North Korea: With effect from 29 May 2016 it is prohibited to: i Transfer funds to...
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June 2, 2016: OFAC makes Burundi designations
On Thursday, OFAC designated the following 3 people: NGENDABANKA, Marius, Kinanira IV, Kinindo, Bujumbura, Burundi; DOB 25 Aug 1974; nationality Burundi; Gender Male; Commander, First Military Region;...
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June 3, 2016: Mawa Enterprises Corp. Removed from Kingpin sanctions
On Friday, OFAC removed the following entity: MAWA ENTERPRISES, CORP., Panama; RUC # 37255-145-266651 (Panama) [SDNTK]. from its counter narcotics trafficking sanctions. Link: OFAC Notice Edited with...
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June 3, 2016: OFAC Publishes Kingpin General License 3A
On Friday, OFAC published General License 3A under its Kingpin Act sanctions program. It replaces General License 3, and authorizes transactions necessary to maintain existing operations of La Estrella...
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June 3, 2016: EU, HMT removes 2, amends 17 Syrian sanctions listings
On Friday, Her Majesty’s Treasury (HMT) adopted Council Implementing Regulation (EU) Np 2016/840 by removing the following 2 persons from its Syrian sanctions program: FARAHAT, Mohamed a.k.a:...
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June 3, 2016: HK SFC AML/CFT Circular updates CAR sanctions
The Hong Kong Securities and Futures Commission (SFC) previously announced a new sanctions regulation for sanctions on the Central African Republic. This Circular announces that a list of sanctioned...
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May 27, 2016: HK SFC provides UN Yemen, Central African Republic updates
The Hong Kong Securities and Futures Commission announced in their AML/CFT Circular the passage of a new regulation for sanctions against the Central African Republic (CAR) and an amendment to the...
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