OFAC releases 2015 Terrorist Assets Report
On June 6th, OFAC released its annual Terrorist Assets Report for 2015 – amazingly enough, it’s 24th annual report. It contrasts the blocked funds at the end of 2015 to that at the end of 2014. The...
View ArticleOFAC Finding of Violation: BBVA Compass
Usually, only civil monetary penalties and financial settlements are published on OFAC”s Enforcement Action pages. However, from time to time, they publish a Finding of Violation to create a teachable...
View ArticleAugust 15, 2016: 1 person, 7 listings removed from OFAC Zimbabwe sanctions
On Monday, OFAC removed the following listings from its Zimbabwe sanctions program: SHANFARI, Thamer Bin Said Ahmed (a.k.a. AL SHANFARI, SHEIKH THAMER; a.k.a. AL SHANFARI, Thamer; a.k.a. AL SHANFARI,...
View ArticleAugust 16, 2016: OFAC adds some here, takes some from there
On Tuesday, OFAC added the following persons: ALVAREZ INZUNZA, Juan Manuel (a.k.a. INZUNZA ZAZUETA, Erik Tadeo; a.k.a. OSUNA GODOY, Rolando; a.k.a. SALAS ROJO, Juan Manuel; a.k.a. TAMAYO IBARRA, Juan...
View ArticleAugust 15, 2016: SECO removes 2 entities from Iraq sanctions
On Monday, Swiss regulators removed these two entities: SSID: 70-2240 Name: Iraqi Oil Tankers Company Good quality a.k.a.: Iraqi Oil Tankers Enterprise Address: P.O.Box 37, Basrah, Iraq...
View ArticleOFAC gets a two-fer on enforcement actions
Keystone Cops time – Kanawha Insurance Company, a subsidiary of Humana, serviced policies for AXA Equitable. Neither firm screened policyholders – perhaps they assumed the other was doing it. And they...
View ArticleAugust 14, 2015: UN, DFAT remove 2 from Iraq sanctions
On Monday, Australian removed the following 2 entities: IQe.061 Name: IRAQI OIL TANKERS COMPANY A.k.a.: IRAQI OIL TANKERS ENTERPRISE F.k.a.: na Address: P.O. Box 37, Basrah, Iraq Listed on: 26 Apr....
View ArticleAugust 5, 2016: Hong Kong Securities and Futures Commission AML/CFT Circular
The Hong Kong Securities and Futures Commission (HK SFC) has issued another AML/CFT circular. This time, it just documents the recent amendments to one of the listings on the UN’s ISIL (Da’esh) and...
View ArticleAugust 6, 2016: Finnish Regulatory Update
This is the August 6th regulatory update from Finnish regulators: Financial sanctions North Korea Council Decision (CFSP) 2016/1341 Council Regulation (EU) 2016/1333 prohibits financing and financial...
View ArticleAugust 12, 2016: HK SFC AML/CTF Circular
This AML/CTF Circular from the Hong Kong Securities and Futures Commission (SFC) includes 2 updates from the UN – one to the Afghanistan sanctions and one to the anti-terror sanctions. As is usual, the...
View ArticleAugust 19, 2016: OFAC extends Kingpin General License 4 again
On August 19th, OFAC replaced General License 4C with 4D under the Kingpin Act sanctions against narcotics trafficking. General License 4x allows certain transactions with the vendors located in the...
View ArticleAugust 23, 2016: SECO update to Bin Laden/Al-Qaida/Taliban sanctions
On Tuesday, Swiss authorities amended the following anti-terror sanctions listing: SSID: 10-15986 Foreign identifier: QI.K.135.03. Name: Dawood Ibrahim Kaskar Title: Sheikh DOB: 26 Dec 1955 POB: a)...
View ArticleAugust 23, 2016: EU, HMT removes 2 from Iraq sanctions
On Tuesday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2016/1398 by removing the following 2 entities from the Consolidated List, where they had been listed...
View ArticleAugust 23/24, 2016: UN, DFAT, OSFI modifies Dawood Ibrahim Kaskar terror listing
On Tuesday/Wednesday, Australian & Canadian authorities implemented the changes to the following listing: QDi.135 Name: 1: DAWOOD 2: IBRAHIM 3: KASKAR 4: na Title: Sheikh Designation: na DOB: 26...
View ArticleAugust 25, 2016: SECO adds to Central African Republic sanctions (and amends 1)
Yesterday, Swiss authorities added the following persons: SSID: 300-34712 Name: Kony Ali DOB: a) 1994 b) 1993 c) 1995 d) 1992 Good quality a.k.a.: a) Ali Lalobo b) Ali Mohammad Labolo c) Ali Mohammed...
View ArticleAugust 23, 2016: More of the Kony clan get designated by OFAC
On Tuesday, OFAC added the following 2 persons: KONY, Ali (a.k.a. BASHIR, Ali Lalobo; a.k.a. KAPERE, Otim; a.k.a. KONY, Ali Mohammed; a.k.a. LABOLA, Ali Mohammed; a.k.a. LABOLO, Ali Mohammad; a.k.a....
View ArticleAugust 22, 2016: Central Bank of Ireland issues update on UN, FATF changes
Date: 22nd August 2016 IMPORTANT Sanctions information email: PLEASE DO NOT REPLY TO THIS EMAIL NOTIFICATION Dear Subscriber, See the link below to the Central Bank website where you will find...
View ArticleAugust 26, 2016: DFAT catches more KONYs
The Aussies are the last to the party this time, adding the following 2 persons: CFi.010 Name: 1. ALI 2. KONY Name (original script): na Title: na Designation: Deputy, Lord’s Resistance Army DOB: a)...
View ArticleAugust 31, 2016: OFAC adds Abdiqadir Mumin to terror sanctions
On Wednesday, OFAC added the following person to their counter-terrorism sanctions program: MUMIN, Abdiqadir (a.k.a. MUMIN YUSUF, Sheikh Abdiqadir; a.k.a. MUMIN, Abdul Nadir; a.k.a. MUMIN, Abdul Qadir;...
View ArticleAugust 30, 2016: UN, DFAT, SECO updates 2 on Yemen sanctions list
On Tuesday, Swiss authorities amended the following 2 individual listings: SSID: 85-29611 Foreign identifier: YEi.001 Name: Abd al-Khaliq al-Huthial-Houthi Sex: M DOB: 1984 Good quality a.k.a.: a)...
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