Menu Home

SECO removes 1 from Libya sanctions

On Tuesday, Swiss authorities removed the following person: SSID: 130-36266 Name: Ghwell Khalifa Sex: M DOB: a) 1 Jan 1956 b) 1 Jan 1951 POB: Misurata, Libya Good quality a.k.a.: a) Al Ghweil Khalifa b) Al-Ghawail Khalifa c) Ghawil Khalifa Mohamed Address: Qasr Ahmed Street, Misurata, Libya Nationality: Libya Identification […]

OFAC Enforcement Action: Alliance Steel, Inc.

The firm settled 61 non-egregious, voluntarily self-reported violations of the Iranian Transactions and Sanctions Regulations (ITSR), reduced from a base penalty of $725,004. What Alliance Did Alliance describes itself as principally a domestic business—Alliance sells its products exclusively to domestic consumers, does not export goods or services, and does not […]

Daily Digest for Monday, April 19, 2021

HKMA Alert: Fraudulent Standard Chartered Bank websites and phishing instant messages Now it’s DFAT‘s turn to delist those Iraqi entities Keep calm and crypto on: Bank of England statement on Central Bank Digital Currency EU sanctions 10 persons, 2 entities under Myanmar program OFAC puts Belarus General License 2 on […]

OFSI writes blog post about licensing…

Introduction to licensing Posted by: OFSI, Posted on: 19 April 2021 – Categories: Financial sanctions, Implementation As readers of OFSI’s previous blogs will be aware, the new UK autonomous sanctions framework in place since January 2021 brings important opportunities and changes. Among the updates contained in these new regulations, some of these specifically relate to licensing. OFSI’s […]