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September 29. 2017: EU, HMT correct one DPRK listing
Last Friday, Her Majesty’s Treasury corrected the following North Korean sanctions listing: 1. SIK Pak Yong DOB: –/–/1950. Nationality: Democratic People’s Republic of Korea Other Information:...
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September 29, 2017: OFAC updates Russian sectoral sanctions
Last Friday, in line with the CATS Act (actually, a specific sub-section targeted at the Ukraine/Russia-related sanctions program), OFAC issued updated Directives 1 and 2 (which implement the changes...
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October 2, 2017: EU, HMT amend 4 counter terrorism sanctions listings
Yesterday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2017/1773 by amending the following 4 individual listings under the ISIL (Da’esh) and Al-Qaida counter...
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October 3, 2017: OFAC publishes Venezuela sanctions FAQ
Yesterday, OFAC published the following FAQ regarding the definition of “profit” under Executive Order 13808 for the Venezuela sanctions program: 527. What does OFAC consider to be “profit” under...
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October 3, 2017: SECO amends 4 Syrian sanctions listings
Yesterday, under their Syrian sanctions program, Swiss officials amended the listings of the following 4 individuals: SSID: 200-36113 Name: Saji’ Darwish Title: Major General DOB: 11 Jan 1957 Good...
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October 4, 2017: OFAC updates Organized Crime Sanctions
Yesterday, OFAC removed the following listings: DAVIS, Robert Paul (a.k.a. DAVIS, Paul; a.k.a. DAVIS, Paul Nadin; a.k.a. DAVIS, R. Paul Nadin; a.k.a. DAVIS, Robert; a.k.a. NADIN-DAVIS, Robert Paul),...
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October 4, 2017: OFSI (not OSFI) publishes sanctions guide)
OFSI’s Quick Guide to Financial Sanctions OFSI has published a quick guide to help you understand and comply with financial sanctions. Areas covered include: what are financial sanctions when...
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OSFI Guidance: Smells like an ICO…
OSFI’s revised Transaction Instructions sure seemed aimed at covering Initial Coin Offerings (ICO) and Initial Token Offerings (ITO) as securities… Issuance of Shares or Membership Shares in...
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October 5, 2017: SECO updates one terror sanctions listing
Yesterday, Swiss authorities amended the following individual counter terrorism sanctions listing: SSID: 10-15695 Foreign identifier: QI.H.204.05. Name: Isnilon Totoni Hapilon DOB: a) 18 Mar 1966 b)...
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October 6, 2017: OFAC Sudan sanctions largely revoked
On Friday, the State Department issued the following statement: Sanctions Revoked Following Sustained Positive Action by the Government of Sudan...
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HKMA Notice: HSBC Phishing Email
Press Releases Phishing e-mail related to The Hongkong and Shanghai Banking Corporation Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued...
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What is Jamaat-ul-Ahrar?
QDe.152 Jamaat-ul-Ahrar (JuA) Date on which the narrative summary became available on the Committee’s website: 06 July 2017 Date(s) on which the narrative summary was updated: 06 July 2017 Reason...
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September 15, 2017: HK SFC AML/CFT Circular
On September 15, 2017, the Hong Kong Securities and Futures Commission (HK SFC) issued a AML/CTF Circular denoting updates to the United Nations sanctions programs against North Korea, South Sudan and...
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October 10, 2017: EU plays follow the leader on DPRK sanctions
PRESS Council of the European Union 10/10/2017 | PRESS RELEASE North Korea: Council strengthens EU sanctions in line with latest UN Security Council resolution The Council...
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October 9, 2017: DFAT updates one counter terrorism listing
Upon the advice of the United Nations ISIL (Da’esh) and Al-Qaida Sanctions Committee, on Monday, Australian regulators changed the following individual listing: QDi.204 Name: 1: ISNILON 2: TOTONI 3:...
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Australian defense export unit schedules outreach program
Dear subscribers, Defence Export Controls (DEC) is delivering an outreach program at the University of Technology, Sydney (UTS) in Sydney on 25 and 26 October. DFAT will be providing an overview of...
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October 11, 2017: It’s regulatory filing time for OFSI…
Reminder: Frozen Assets Reporting (2017) This is a reminder that if you hold or control funds or economic resources belonging to, owned, held, or controlled by a designated person you are...
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October 11, 2017: EU, HMT amend one on terror list
Yesterday, Her Majesty’s Treasury (HMT) implemented Commission Implementing Regulation (EU) No 2017/1834 by amending the following individual listed under its counter terrorism sanctions: HAPILON,...
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September 29, 2017: HK SFC AML/CTF Circular
The September 29th circular by the Hong Kong Securities and Futures Commission (HK SFC) announces the amendment of Hong Kong’s Libya sanctions to reflect changes made by the United Nations under...
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Cartier gets caught with the family jewels…
Richemont North America, dba Cartier, agreed to a $334,800 for 4 apparent violations of the Kingpin Act. Simply put, an individual purchased jewelry from Cartier in either California or Nevada, but...
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