OFAC published Illicit Drug Trade regs
Publication of Illicit Drug Trade Sanctions Regulations Release date 12/19/2022 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is addingregulations to implement Executive...
View ArticleOFAC amends multiple regulations to support humanitarian aid deliveries
Publication of Humanitarian-related Regulatory Amendments and Associated Frequently Asked Questions Release date 12/20/2022 Body The Department of the Treasury’s Office of Foreign Assets Control...
View ArticleYesterday at OFAC: Iran addition, Nicaragua & Venezuela removals, counter...
OFAC today added the following individuals: HASSANZADEH, Hassan (a.k.a. HASSANZADEH, Hasan (Arabic: حسن حسنزاده)), Tehran, Iran; DOB 21 Mar 1957; nationality Iran; Additional Sanctions Information -...
View ArticleAhoy, there! OFAC sanctions Russian naval entities
Today, OFAC sanctioned the following entities: CONCERN MORINFORMSYSTEM AGAT JOINT STOCK COMPANY (Cyrillic: АКЦИОНЕРНОЕ ОБЩЕСТВО КОНЦЕРН МОРИНФОРМСИСТЕМА-АГАТ) (a.k.a. JSC KONTSERN MORINFORMSISTEMA...
View ArticleDecember 28, 2022: A bunch of OFAC Iraq removals
On Wednesday, OFAC removed the following: MIDCO FINANCE S.A. (a.k.a. MIDCO FINANCIAL S.A.; a.k.a. MONTANA MANAGEMENT INC.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN...
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OFAC publishes Russian Oil Price Cap guidance (preliminary, actually)
Links: OFAC Notice Guidance
View ArticleJanuary 5, 2023: OFAC adds to counter terror sanctions
On Thursday, OFAC added the following persons: AL-JUBURI, Lu'ay Jasim Hammadi (a.k.a. AL-JUBURI, Lu'ay Jasim Hammadi Mahdi; a.k.a. HAMMADI, Lu'ay Jasim; a.k.a. "Hajji Lu'ay"), Mersin, Turkey; DOB 06...
View ArticleOFAC updates Iran, NPWMD, Russia programs [UPDATED with correct PR]
OFAC has added the following individuals: ARLANIZADEH, Vali (Arabic: ولی ارلنی زاده) (a.k.a. ARLANI ZADEH, Vali), Iran; DOB 22 Nov 1979; nationality Iran; Additional Sanctions Information - Subject to...
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OFAC updates Venezuela GL 31 & amends 5 FAQs
OFAC has updated Venezuela General License 31 (new version is 31B). The new version explicitly excludes transactions involving the new National Constituent Assembly (which was seated last week): 5...
View ArticleOFAC publishes 1 new, over 20 amended FAQs) to clarify Iran-related licensing
The new FAQ: 1110. What are key changes made by Iran General License D-2 in comparison to Iran General License D-1? Answer On September 23, 2022, OFAC issued Iran General License (GL) D-2 to further...
View ArticleRemember inflation? OFAC does
Implementation of the Federal Civil Penalties Inflation Adjustment Act 01/12/2023 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending its regulations to implement for...
View ArticleJanuary 12, 2023: FinCEN updates vessel safety & environmental transactions...
GL 21B is the same as 21A… except for the expiration date, which is now April 13th (was January 14th) Links: OFAC Notice General License 21B
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OFSI corrects that Iran human rights listing
Yes, this is a correction to the listing they made on Saturday: Link: OFSI Notice
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3 amended Russia-related GLs… and FAQs
Issuance of Russia-related General Licenses and Amended Russia-related Frequently Asked Questions Release date 01/17/2023 Body The Department of the Treasury’s Office of Foreign Assets Control (OFAC)...
View ArticleJanuary 17, 2023: OFAC updates Venezuela GL 5, and amends the relevant FAQ
The new version of Venezuela General License 5 (5J) now has an effective date of April 20, 2023. And OFAC updated the corresponding Frequently Asked Question (#595): 595. What does Venezuela-related...
View ArticleOFAC removes Hanna Khalifeh/Khalifah/Khalife from Hizballah counter terror rolls
OFAC has removed the following listings from its counter terrorism sanctions list: KHALIFEH, Hanna Elias (a.k.a. KHALIFAH, Hanna; a.k.a. KHALIFE, Hanna), Midan Street, Mazraat Yachouh, Metn, Lebanon;...
View ArticleOFAC adds to Iran sanctions, updates Iran, non-proliferation & counter terror...
OFAC has added the following persons: ALA'ODDINI, Yahya (Arabic: یحیی علاء الدینی) (a.k.a. ALAEDDINI, Yahya), Iran; DOB 21 Mar 1965; POB Tehran, Iran; nationality Iran; Additional Sanctions...
View ArticleOFAC adds Hizballah financing network to counter terrorism sanctions
Today, OFAC added the following persons: MOUKALLED, Hassan Ahmed (Arabic: حسن احمد مقلد) (a.k.a. MAKLED, Hasan Ahmed; a.k.a. MOKALED, Hassan; a.k.a. MUQALAD, Hassan; a.k.a. MUQALLAD, Hasan), Jarjo,...
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OFAC Sanctions-a-Rama: Russia, CAR, TCO, GLOMAG designations & changes… plus...
OFAC has added the following individuals: ADONEV, Sergei Nikolaevich (a.k.a. ADONEV, Sergej Nikolaevich (Cyrillic: АДОНЬЕВ, Сергей Николаевич); a.k.a. ADONIEV, Sergey), Enzo Sireni 1, Herzliya...
View ArticleOops… I left out the 2 new GLOMAG FAQs issued yesterday
How embarrassing – in the rush to get out all that info related to yesterday’s large OFAC release, I left out the 2 new Frequently Asked Questions related to the Paraguay-related Global Magnitsky...
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