Episode 46 of Mr. Watchlist’s DesigNation is out! Third Time’s the Charm is about Executive Order 14032, which greatly improves the Chinese Military Companies sanctions program – but still is not exactly warm and fuzzy… Enjoy!
Today, OFAC updated the following listings on the Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List: AVIATION INDUSTRY CORPORATION OF CHINA, LTD. (a.k.a. AVIATION INDUSTRY CORP OF CHINA; a.k.a. AVIATION INDUSTRY OF CHINA; a.k.a. “AVIC”), Building 19 Compound A5 Shuguang Xili Chaoyang District, Beijing 100028, China; Issuer Name Aviation Industry Corporation […]
So, OFAC has replaced FAQ 880 about Xiaomi Corporation’s listing on the Non-SDN Communist Chinese Military Companies (NS-CCMC) List with a new FAQ 896: 896. Do the prohibitions in Executive Order 13959, as amended (E.O. 13959), apply with respect to Xiaomi Corporation?Answer On January 14, 2021, the Secretary of Defense listed […]
So, a waiver isn’t how OFAC actually does things… they first make designations on the Non-SDN Menu-Based Sanctions List (NS-MBDS) under the PEESA sanctions program (Protecting Europe’s Energy Security Act) for the following entities: FEDERAL STATE BUDGETARY INSTITUTION MARINE RESCUE SERVICE (a.k.a. MORSPAS; a.k.a. MORSPASSLUZHBA; a.k.a. “MARINE RESCUE SERVICE” (Cyrillic: […]
Today, OFAC added the following persons: AKAR, Ezzat Youssef (Arabic: عزت يوسف أكار) (a.k.a. AKAR, Izzat; a.k.a. AKAR, Izzat Youssef; a.k.a. AKKAR, Izzat Yusif), Al-Kyam Hayy al-Sharqi, Marjayun, Al-Nabtiyah, Lebanon; DOB 01 Nov 1967; POB Al-Kiyam, Lebanon; nationality Lebanon; Additional Sanctions Information – Subject to Secondary Sanctions Pursuant to the […]
Migration of NS-CCMC List From Temporary Format to OFAC Standard List Format Release date 04/30/2021 OFAC is migrating its existing Non-SDN Communist Chinese Military Companies (NS-CCMC) List from a temporary PDF and CSV file format to the standard OFAC list file format. The NS-CCMC list data will now be included in OFAC’s Non-SDN Consolidated Data Files for […]
New podcast episode is out – Turkey on the Menu – all about CAATSA Sections 231 & 235, the new OFAC Non-SDN Menu-Based Sanctions List, and yesterday’s designations of the Turkish defense ministry and senior officials…. Also, what I think about menu-based sanctions… Happy Listening!
NON-SDN MENU-BASED SANCTIONS LIST (NS-MBS LIST) This publication by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designed as a reference tool that identifies persons subject to certain non-blocking menu-based sanctions that have been imposed under statutory or other authorities, including certain sanctions described in Section […]
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing its new Non-SDN Menu Based Sanctions (NS-MBS) List. This publication by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designed as a reference tool that identifies persons subject to certain non-blocking menu-based sanctions that […]
Welcome to the “Shootout at the OFAC Corral”, the latest episode of Mr. Watchlist’s DesigNation. The new show is focused on last week’s designation of the Iranian financial services sector under Executive Order 13902, and the designation of 18 Iranian banks (which had already been sanctioned under the Iranian Transactions […]