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Inching toward conflict…

Seems like we’re getting close to the hypothetical I posed yesterday about armed escorts of vehicles… seem. Venezuela is going to escort the Iranian tankers once they hit the country’s exclusive economic zone (I believe that’s the 200 nautical mile limit from shore). Sigh… watch this space.

OFAC adds to Iran and CAATSA-Iran sanctions…

Today, OFAC added the following individuals: ALI NOORINAJAD, Mohammad, Iran; POB Kabudar Ahang, Iran; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Gender Male; National ID No. 4032108617 (Iran) (individual) [IRAN-HR] (Linked To: LAW ENFORCEMENT FORCES OF THE ISLAMIC REPUBLIC OF IRAN).  ASHRAQ, Hamidraza, Iran; POB Abadan, Iran; nationality Iran; […]

Those pesky Iranian tankers…

So, five oil tankers are steaming to Venezuela from Iran, with the U.S. determined to stop them, and Iran telling they darn well better not, or else. So, what really are the US’ options, and what might be the consequences? So, let’s start with the United Nations sanctions on North […]

DFSA updates AML Rulemaking Instrument

Notice of Amendments to Legislation 05 Mar 2020 Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 125, 129 and 130 the DFSA Board, after due consideration of consultees’ comments, made amendments to the DFSA Rulebook as described below. Please bear in […]