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OFAC adds 2 persons, 1 entity, to Nicaragua sanctions

OFAC has added the following persons: GUIDO DE ROMERO, Ana Julia, Iglesia, Nicaragua; DOB 16 Feb 1959; POB Matagalpa, Nicaragua; nationality Nicaragua; Gender Female; Passport A00000211 (Nicaragua)...

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Treasury releases its Hong Kong Autonomy Act report, OFAC publishes FAQs, and...

OFAC updated the following Hong-Kong related designations today: CHAN, Eric (a.k.a. CHAN, Eric Kwok-ki; a.k.a. CHAN, Kwok-ki (Chinese Traditional: 陳國基; Chinese Simplified: 陈国基)), Flat F, 20 Floor,...

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After a brief hiatus…

Welcome to the “Shootout at the OFAC Corral”, the latest episode of Mr. Watchlist’s DesigNation. The new show is focused on last week’s designation of the Iranian financial services sector under...

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FinCEN issues supplemental Human Trafficking Advisory

FinCEN Issues Supplemental Advisory on Identifying and Reporting Human Trafficking and Related Activity The Financial Crimes Enforcement Network (FinCEN) issued an advisory today to help financial...

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According to the State Department (but no one else)…

Status of UN Arms Embargo on Iran PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE OCTOBER 18, 2020 Share On September 19, virtually all UN sanctions on Iran returned, including re-imposition of...

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OFAC adds to counter terror and Iran sanctions

Today, OFAC added the following persons: CHEN, Eric (a.k.a. CHEN, Guo Ping; a.k.a. CHEN, Guoping), Rm 601, No 15, Lane 1299, Dingxiang Rd, Pudong New Area, Shanghai, China; DOB 02 Aug 1968; citizen...

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State Department Alternate Reality brings Iran sanctions designations

Disclaimer: What you are about to read is, at best, a misrepresentation of the actual state of UN sanctions on Iran. The US’ purported “snap back” of UN sanctions on Iran was not recognized by any of...

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Even Warren Buffet is not beyond OFAC’s reach…

Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Berkshire Hathaway, Inc. Release date 10/20/2020 Body The U.S. Department of the Treasury’s...

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October 22, 2020: OFAC-a-Rama: Designations & updates to counter terror,...

Earlier today (sorry!), OFAC added the following entities: BAYAN RASANEH GOSTAR INSTITUTE (a.k.a. BAYAN GOSTAR MEDIA INSTITUTE; a.k.a. BAYAN RASANE GOSTAR INSTITUTE), Iran; Additional Sanctions...

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CAATSA-Russia designation of State Research Center of the Russian Federation...

Just now, OFAC designated the following entity under the CAATSA-Russia sanctions program (so, the Russia part of the CAATSA sanctions program): STATE RESEARCH CENTER OF THE RUSSIAN FEDERATION FGUP...

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State Department Press Statement on today’s OFAC designation of Russian...

United States Sanctions Russian Government Research Institution PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE OCTOBER 23, 2020 Share The United States remains steadfast in countering malign...

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October 23, 2020: State Department Statement on last Thursday’s Iran...

United States Sanctions Five Iranian Entities and Watchlists IRGC Cyber Actors for Interfering in Our Elections PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE OCTOBER 23, 2020 Share The United...

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October 23, 2020: State Department Statement on October 22 OFAC Iran...

United States Sanctions Five Iranian Entities and Watchlists IRGC Cyber Actors for Interfering in Our Elections PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE OCTOBER 23, 2020 Share The United...

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OFAC amends the CACR, and updates the FAQ list

Today, OFAC issued a Final Rule amended the Cuban Assets Control Regulations (CACR), amended a bunch of existing Frequently Asked Questions (FAQs) and issued a new one. These changes correspond to the...

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OFAC Iran & counter-terrorism designations & updates, GL 8 gets updated (as...

OFAC added the following persons: KARBASIAN, Masoud (a.k.a. KARBASIAN, Mas’ud); DOB 14 Jun 1956; POB Isfahan, Iran; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions;...

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OFAC publishes amended YSRs (Yemen Sanctions Regulations)

OFAC has amended and reissued in their entirety the Yemen Sanctions Regulations, 31 C.F.R. part 552. This final rule replaces the regulations that were published in abbreviated form on November 9,...

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New Iran listings, changes to Iran & counter-terror listings, new Iran GL & FAQ

Today, OFAC added the following people: ARANI, Hossein Firouzi (Arabic: حسین فیروزی آرانی), Iran; DOB 22 Dec 1964; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions;...

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Treasury Press Release on yesterday’s Iran designations

PRESS RELEASES Treasury Sanctions Companies Selling, Purchasing, and Enabling Iranian Petrochemical Products October 29, 2020 Washington – Today, the U.S. Department of the Treasury’s Office of...

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October 30, 2020: Sanctions risk in the art market

Art Advisory Release date 10/30/2020 Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this advisory to highlight sanctions risks arising from dealings in...

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OFAC adds Lebanese minister to Global Magnitsky sanctions

Today, OFAC added the following person: BASSIL, Gibran (a.k.a. BASSIL, Gebran; a.k.a. BASSIL, Gebran Gerji (Arabic: جبران جرجي باسیل); a.k.a. BASSIL, Gebran Jerji; a.k.a. BASSIL, Jibran), Embassies...

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