Clik here to view.
Updated OFAC Burma FAQ: Questions 277-281
277. What about prohibitions in the JADE Act on dealing with the State Peace and Development Council (SPDC) or any entity owned, controlled, or operated by the SPDC? Is there a chance that we could...
View ArticleClik here to view.
Updated OFAC Burma FAQ: Questions 283, 286, 360
283. Does leasing office space constitute a new investment if the office is used for sales of goods or services? Whether specific activities constitute “new investment” is dependent on the facts and...
View ArticleClik here to view.
SECO cracks down in the Ukraine
The Swiss passed a new regulation, which bans the opening of new business: Article 1 Prohibition on the OPENING of new business relationships FInancial Intermediaries are forbidden to open up new...
View ArticleClik here to view.
OFAC Enforcement Action: Sea Tel Inc. fined $85,113
Sixteen orders of marine attenna systems were shipped to South Korea between 2007 and 2009, with the knowledge that they would be reexported to Iran. The value of the shipments was $387,281 and the...
View ArticleClik here to view.
UN, DFAT remove Son Hadi bin Muhadjir from Al-Qaida sanctions
Australian regulators have removed the following person from their Consolidated List, based on the same action by the United Nations: QI.B.310.12. Name: 1: SON 2: HADI 3: BIN MUHADJIR 4: na Title: na...
View ArticleClik here to view.
From the US State Department: Background on Upcoming P5+1 talks with Iran
Normally, Mr. Watchlist doesn't delve into the international intrigue behind sanctions, but today he's going to make an exception. On Friday, the US State Department held a background briefing on the...
View ArticleClik here to view.
April 4, 2014: OSFI removes one person from Consolidated List
On Friday, the Canadian regulator removed the following from its Al-Qaida sanctions, based on the same action by the United Nations: QI.B.310.12. Name: 1: SON 2: HADI 3: BIN MUHADJIR 4: naTitle: na...
View ArticleClik here to view.
April 3, 2014: New South Sudan-related Executive Order
On Thursday, President Obama issued a new Executive Order related to South Sudan. From the OFAC Notice: The Executive Order does not target the country of South Sudan, but rather targets those...
View ArticleClik here to view.
OFAC FAQ on Humanitarian Assistance to Syria
The United States government is working with the international community to provide urgently needed humanitarian assistance to the Syrian people while applying comprehensive sanctions against the...
View ArticleClik here to view.
OFAC FAQ on Section 312 of Iran Threat Reduction and Syria Human Rights Act
Print This entire FAQ topic Section 312 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (ITRSHRA) requires the Secretary of the Treasury, no later than 45 days after the date of the...
View ArticleClik here to view.
OFAC’s Equal Opportunity: adding a terrorist and a drug trafficker
On Wednesday, OFAC added the following entity under the anti-terror sanctions program: ANSAR BAYT AL-MAQDIS (a.k.a. ANSAR BAYT AL-MAQDES; a.k.a. ANSAR BEIT AL-MAQDIS; a.k.a. JAMAAT ANSAR BEIT...
View ArticleClik here to view.
OFAC updates TSRA & its FAQ
On Monday, OFAC issued an updated Frequently Asked Questions (FAQ) page for the Trade Sanctions Reform and Export Enhancement Act (TSRA) which, among other things, permits certain exports to Iran. In...
View ArticleClik here to view.
April 10, 2014: Additions and changes to OFAC Counter Narcotics Sanctions
On Thursday, OFAC added the following individuals to the SDN List under the counter narcotics trafficking sanctions programs: CONTRERAS SANCHEZ, Maria Aurora, Av. Hidalgo No. 2433, Colonia Vallarta...
View ArticleClik here to view.
SECO removes one person from Somalia sanctions
Swiss regulators have removed the following person from sanctions against Somalia: SSID: 180-8104 Name: Jim’ale Ali Ahmed Nur DOB: 1954 POB: Eilbur, Somalia Good quality a.k.a.: a) Jim’ale Ahmed Ali b)...
View ArticleClik here to view.
April 11, 2014: OFAC forgets to turn on spell-check
On Friday, OFAC updated one listing in its Ukraine-related sanctions: MEDVEDEV, Valery Kirillovich, 22 Ulitsa Oktyabrskoi Revolutsii, Building 9, Apt. 14, Sevastopol, Crimea, Ukraine; DOB 21 Aug 1946;...
View ArticleClik here to view.
April 11, 2014: EU, HMT delist STICHTING AL AQSA
Friday, after the implementation of Council Implementing Regulation (EU) No 125/2014, the following entity was removed from Her Majesty's Treasury's (HMT) Consolidated List (previously listed under the...
View ArticleClik here to view.
EU Ukraine-related sanctions extend beyond the EU
The High Representative issues a statement acknowledging that certain non-EU countries are going to align their sanctions regimes with the EU's – in this case, it's the 2 Ukraine-related CFSP (Common...
View ArticleClik here to view.
Sweden Explains It All: EU Lebanon sanctions
The history of the EU's sanctions against Lebanon: On 14 February 2005, the former prime minister of the Lebanon, Rafiq Hariri, and some twenty other people were killed in a bomb attack in Beirut. The...
View ArticleClik here to view.
Sweden Explains It All: EU Libya sanctions
This is how the EU's sanction against Libya evolved: As a result of the violence used by the Libyan regime against civilians, the UN Security Council passed Resolution 1970 on 26 February 2011,...
View ArticleClik here to view.
April 14, 2014: SECO Updates Al-Qaida, Liberia sanctions
Two changes on Monday from Swiss regulators. First, two new people were listed under the Al-Qaida sanctions: SSID: 10-27498 Foreign identifier: TI.T.168.14. Name: Qari Saifullah Tokhi Title: Qari DOB:...
View Article