Let me start by saying “oh, my.” Four egregious violations, thankfully self-reported. The base penalty was $584,386 but the resulting fine was $894,111. What Happened On or about February 12, 2014, EF Data and Memotec, Inc. (“Memotec”), a wholly owned subsidiary of EF Data located in Montreal, Canada, prepared a […]
Today, OFAC added the following persons: ABEDSHAHI, Omid (a.k.a. SHAHI, Omid Abded Abed), Iran; DOB 21 Jan 1983; POB Mashhad, Iran; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Gender Male; Passport B30739724 (Iran) (individual) [IRAN-HR] (Linked To: IRANIAN MINISTRY OF INTELLIGENCE AND SECURITY). ABOUTORABI, Seyed Hamid, Iran; DOB […]
Today’s episode of Mr. Watchlist’s DesigNation is about the OFAC designation of the Chinese state-owned company Union Development Group, and why the State Department press release, which is available on their website, did not go out by email. And my friends tell me they didn’t get Treasury’s PR in their […]
Today, Australian officials updated the following 10 individual listings: QDi.096 Name: 1: MOUSSA 2: BEN OMAR 3: BEN ALI 4: ESSAADIName (original script): موسى بن عمر بن علي السعديTitle: na Designation: na DOB: 4 Dec. 1964 POB: Tabarka, Tunisia Good quality a.k.a.: na Low quality a.k.a.: a) Dah Dah b) Abdelrahmman c) Bechir Nationality: Tunisia Passport no: Tunisia number L335915, issued on 8 Nov. 1996, issued in Milan, Italy (expired on 7 Nov. […]
17 Sep 2020 Fraudulent website related to Airstar Bank Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Airstar Bank Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the […]
Finanstilsynet Inspection Report: Møns Bank A/S HKMA Alert: Fraudulent LINE messages Ah… the missing piece from yesterday’s Global Magnitsky designations… FinCEN wants better AML programs… your thoughts? OFAC adds cyber-related Russians…
OFAC added the following persons to its cyber-related sanctions today: KARASAVIDI, Dmitrii (Cyrillic: КАРАСАВИДИ, Дмитрий) (a.k.a. KARASAVIDI, Dmitriy), Moscow, Russia; DOB 09 Jul 1985; Email Address 2000@911.af; alt. Email Address dm.karasavi@yandex.ru; Gender Male; Digital Currency Address – XBT 1Q6saNmqKkyFB9mFR68Ck8F7Dp7dTopF2W; alt. Digital Currency Address – XBT 1DDA93oZPn7wte2eR1ABwcFoxUFxkKMwCf; Digital Currency Address – […]
FinCEN Seeks Comments on Enhancing the Effectiveness of Anti-Money Laundering Programs Contact Strategic Communications, 703-905-3770 Immediate Release September 16, 2020 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today issued an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment on a wide range of questions pertaining to potential regulatory amendments under the Bank […]
PRESS RELEASES Treasury Sanctions Chinese Entity in Cambodia Under Global Magnitsky Authority September 15, 2020 WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one Chinese state-owned entity, Union Development Group Co., Ltd. (UDG), for seizure and demolition of local Cambodians’ land for the […]
10 Sep 2020 The HKMA alerts public on bogus messages The Hong Kong Monetary Authority (HKMA) received an enquiry from the public about the HKMA demanding for charges on money transfer through instant messaging application LINE. We wish to clarify that the HKMA does not impose charges of any kind […]
