OSFI removes 6 entities from Consolidated list

The following entities were removed, in response to a similar delisting by the United Nations:

AL-HAMATI SWEETS BAKERIES
BENEVOLENCE INTERNATIONAL FUND
BOSANSKA IDEALNA FUTURA
HEYATUL ULYA
RED SEA BARAKAT COMPANY LIMITED
SOMALI INTERNET COMPANY

The bakery is listed as having been reported as having “ceased to exist”. The remaining entities were removed in response to reviews completed in July 2010.

It should be noted that all of these entities are still listed on other sanctions lists, including OFAC. Firms that do business in the US or deal in foreign trade should take extra care before acting based on these delistings.

Links:

OSFI Press Release
UN Press Release

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