Clik here to view.
December 9, 2016: EU, HMT amend Syria sanctions on humanitarian grounds
On Friday, Her Majesty’s Treasury announced the passage of Council Implementing Regulation (EU) No 2016/2137, which amends Syrian sanctions regulations to permit the purchase and transport of petroleum...
View ArticleClik here to view.
December 5, 2016: DFAT updates its DPRK sanctions regulations
UNCLASSIFIED The Australian Government has implemented changes to Australia’s sanctions on the Democratic People’s Republic of Korea (North Korea) in line with its international obligations under...
View ArticleClik here to view.
Why is there an Executive Order 13599 List?
I was wondering why it was a separate list, so I asked during the OFAC Fall Symposium. The answer is pretty simple: because any Iran sanctions listings still on the SDN List have secondary sanctions...
View ArticleClik here to view.
December 6, 2016: HMT issues revised consultation paper
The consultation paper on the imposition of monetary penalties for sanctions breaches had an erroneous penalty matrix in Section 2.11.11…oops. Links: HMT Notice Revised Consultation Paper Edited with...
View ArticleClik here to view.
December 13, 2016: OFAC adds 3 to counter-terrorism sanctions
Last Tuesday, OFAC added the following person: JUBAYR AL-RAWI, Fawaz Muhammad (a.k.a. AL-ARWEE, Hajji Fouaz; a.k.a. AL-RAWI, Hajj Fawaz; a.k.a. JABIR AL-RAWI, Fawaz Muhamed; a.k.a. JABUR AL-RAWI,...
View ArticleClik here to view.
December 14, 2016: SECO changes terror sanctions listings
Last Wednesday, Swiss officials added: SSID: 10-35767 Name: Rustam Magomedovich Aselderov Spelling variant: Рустам Магомедович Асельдеров (Russian) DOB: 9 Mar 1981 POB: Iki-Burul Village,...
View ArticleClik here to view.
Russia in EU dog house for another 6 months…
Russia: EU prolongs economic sanctions by six months On 19 December 2016, the Council prolonged the economic sanctions targeting specific sectors of the Russian economy until 31 July 2017. These...
View ArticleClik here to view.
December 15, 2016: OFAC tweaks a few JCPOA whatchamacallits
Two small clarifications made by OFAC on Thursday – two new JCPOA FAQs (M.4 and M.5) clarifying how snapback of the sanctions would work, and General License J has been superseded by General License...
View ArticleClik here to view.
EU, HMT add Rustam Magomedovich Aselderov to ISIL (Da’esh) and Al-Qaida list
Earlier today, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2016/2262 by adding: ASELDEROV Rustam Magomedovich DOB: 09/03/1981....
View ArticleClik here to view.
SECO delists 5 DPRK cargo vessels
Earlier today, Swiss officials removed the following cargo vessels: SSID: 150-34438 Name: Dawnlight Other information: IMO Number: 9110236 Modifications: Listed on 18 May 2016, de-listed on 17 Dec...
View ArticleClik here to view.
UN, DFAT delist 4 from Iraq sanctions
Earlier today, Australian officials removed the following entities: IQe.059 Name: IRAQI NATIONAL OIL COMPANY (INOC) A.k.a.: na F.k.a.: na Address: a) Jumhuriya Street, Khullani Square, P.O. Box, 476,...
View ArticleClik here to view.
SECO, too, delists Iraq sanctions entities
Actually, SECO is delisting more than the UN and DFAT did earlier today: SSID: 70-2230 Name: Iraqi National Oil Company (INOC) Address: a) Jumhuriya Street, Khullani Square, P.O.Box 476, Baghdad,...
View ArticleClik here to view.
December 13, 2016: HMT updates its travel sanctions guide
Update to OFSI’s Guide to Financial Sanctions – Travel to the UK The Office of Financial Sanctions Implementation (OFSI) has updated its guide to financial sanctions to include a section on...
View ArticleClik here to view.
Ho, Ho, Ho, from HMT
Dear Subscriber, The Office of Financial Sanctions Implementation (OFSI) will be operating with reduced staff during the Christmas and New Year period (23 December-2 January) dealing with...
View ArticleClik here to view.
December 20, 2016: Is this what retaliation looks like?
Yesterday、OFAC added the following persons: DEDOV, Mikhail Aleksandrovich, Russia; DOB 04 Sep 1952; Gender Male (individual) [UKRAINE-EO13661]. KLISHIN, Mikhail Alekseevich, Russia; DOB 09 Oct...
View ArticleClik here to view.
December 9, 2016: HK SFC AML/CTF Circular updates 4 UN sanctions programs
This circular announced updated sanctions lists for the Democratic People’s Republic of Korea (DPRK), Democratic Republic of the Congo (DRC), Libya and South Sudan. Links: HK SFC Notice HK SFC Circular...
View ArticleClik here to view.
December 20, 2016: DPRK License Made More Restrictive
OFAC giveth, and OFAC taketh away… Publication of Updated North Korea-related General License 12/20/2016 The Office of Foreign Assets Control (OFAC) has amended General License 1 pursuant to E.O. 13722...
View ArticleClik here to view.
December 21, 2016: OFAC adds one terrorist…
Yesterday, OFAC added the following person: MOHAMEDOU, Saleck Ould Cheikh (a.k.a. CHEIKH, Saleck Ould), Mauritania; DOB 01 Jan 1984 to 31 Dec 1984; POB Atar, Mauritania; Gender Male (individual)...
View ArticleClik here to view.
December 13, 2016: Hong Kong issues enhanced AML/CTF framework
Our Ref.: B9/166C 13 December 2016 The Chief Executive All Authorized Institutions Dear Sir/Madam, Enhanced Competency Framework on Anti-Money Laundering and Counter-Terrorist Financing I am writing...
View ArticleClik here to view.
OFAC tweaks ITSR
Before they run off to hit the eggnog, OFAC today published an amended Iranian Transaction and Sanctions Regulations (ITSR), as well as new and updated FAQs (on their FAQ page – not the separate JCPOA...
View Article