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July 30, 2015: OFAC issues Crimea sanctions evasion advisory
Surprise! People are trying to evade the Crimean sanctions (from Executive Order 13685) from OFAC by omitting or oscuring references to Crimea. OFAC has issued an advisory highlighting the practices it...
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July 25, 2015: UN, DFAT updates Al-Qaida sanctions listings
Last Tuesday, Australian regulators incorporated two changes to its Consolidated List's Al-Qaida sanctions program made by the United Nations. First, they updated the following person's listing:...
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August 3, 2015: Syrian people, and entities, and vessels – oh, my!
On Monday, OFAC designated the following persons: AYDIN, Mustafa, Turkey; DOB 26 May 1988; Passport U04663595 (Turkey) (individual) [SYRIA] (Linked To: MILENYUM ENERGY S.A.; Linked To: BLUE ENERGY...
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August 5, 2015: OFAC makes 2 more terror designations
On Wednesday, OFAC added the following two Qatari citizens to the SDN List, under its anti-terror sanctions program: AL-KA'BI, Sa'd bin Sa'd Muhammad Shariyan (a.k.a. AL-KA'BI, Sa'd al-Sharyan; a.k.a....
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OFAC fines Production Products $78,750 for WMD sanctions violations
The company sold and shipped 3 duct fabrication machines (worth $500,000) to a SDN List entity (China Precision Machinery Import and Export Corp.) sanctioned under the NPWMD (non-proliferation of...
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OFAC Enforcement Action: Navigators Insurance Company fined $271,815
The firm settled 48 apparent violations of sanctions on North Korea, Iran, Sudan and Cuba. The violations were voluntarily self-disclosed and were considered non-egregious. Between 2008 and 2011, the...
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August 7, 2015: OFAC issues revised guidance documents for Iran sanctions relief
Following the agreement on the JCPOA (Joint Comprehensive Plan of Action), OFAC issued updated guidance, FAQs and a civil aviation industry licensing guidelines. Links: OFAC Notice Iran sanctions...
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OFAC fines Blue Robin $82,260 for ITSR violations
Blue Robin, between January and July 2009, used an Iranian company for web development services – valued at $205,650. The violations were voluntarily self-reported and considered non-egregious. That...
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August 19, 2015: OFAC adds a bunch of new Kingpins
Last Wednesday, OFAC added the following persons: AMARAL AREVALO, Wendy Dalaithy, Asuncion 747 Inter 301, Guadalajara, Jalisco 44660, Mexico; Calle 16 de Septiembre No. 21, Gral Manuel Avila Camacho,...
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August 21, 2015: OFAC updates CAR sanctions
On Friday, OFAC updated its sanctions listings for the Central African Republic program, by adding the following individuals: SOUSSOU, Habib (a.k.a. ABIB, Soussou; a.k.a. HABIB, Soussou; a.k.a. SAIDOU,...
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August 25, 2015: OFAC adds a Haqqani, says bye-bye to Badat…
Yesterday, OFAC added the following person to the anti-terrorism sanctions program: HAQQANI, Abdul Aziz (a.k.a. HAQQANI, Aziz); DOB 1987 to 1989 (individual) [SDGT]. and removed the following listings...
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August 27, 2015: More Kingpins, fewer Cubans!
On Thursday, OFAC added the following 4 persons: FONNEGRA ESPEJO, Adolfo, Zurich, Switzerland; Madrid, Spain; DOB 13 Feb 1962; POB Bogota, Colombia; citizen Colombia; Cedula No. 19462357 (Colombia);...
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September 3, 2015: A little cleanup at OFAC
Last Thursday, OFAC removed a small number of listings from the anti-terrorism and ZImbabwe sanctions programs: REVOLUTIONARY ORGANIZATION 17 NOVEMBER (a.k.a. 17 NOVEMBER; a.k.a. EPANASTATIKI ORGANOSI...
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OFAC Enforcement Action: 222 Securities-Related Violations costs UBS another...
Long story short: UBS had a customer subject to anti-terrorism sanctions under Executive Order 13224. That customer had different securities held in UBS custody accounts around the world, including the...
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September 8, 2015: OFAC’s Week of Terror Begins
Last Tuesday, OFAC added an individual linked to Hizballah and 3 associated with Hamas to the SDN List under its anti-terror sanctions program: DEIF, Muhammed (a.k.a. AL-DAYF, Muhammad; a.k.a....
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September 9, 2015: OFAC’s Week of Terror Continues
On Wednesday, OFAC designated an Algerian national under its anti-terror sanctions: AL 'ANABI, Abu 'Ubaydah Yusuf (a.k.a. ABU OBEIDA, Youcef; a.k.a. ABU UBAYDAH, Yusuf; a.k.a. AL-ANABI, Yusuf...
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September 10, 2015: OFAC’s Week of Terror Concludes with Hamas
The day before 9/11, OFAC designated more individuals linked to Hamas: AL-AGHA, Abu Ubaydah Khayri Hafiz (a.k.a. AGHA, Abu Obaida Khairy Hafiz; a.k.a. AGHA, Abu Ubaydah Khayr; a.k.a. AL AGHA, Abu...
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September 16, 2015: More Mexican Kingpin firms!
Yesterday, OFAC added the following firms: ADVERTISING, S.A. DE C.V. (a.k.a. J AND P ADVERTISING, S.A. DE C.V.), Calle Alberta No. 2166, Col. Los Colomos, Guadalajara, Jalisco C.P. 44660, Mexico;...
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September 18, 2015: Cuban Assets Control Regulations updated
On Friday, President Obama issued changes to a number of elements in the sanctions regime against Cuba, including travel, telecommunications, Internet, business operations and remittances. The changes...
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OFAC’s CACR changes FAQ, Part I: Embargo basics
Where can I find the amendments to the Cuban Assets Control Regulations (CACR)? Please see the Federal Register. When are the most recent amendments to the CACR effective? The most recent amendments...
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