OFAC has added the following person: JONG, Yong Nam, Minsk, Belarus; DOB 26 Jan 1966; nationality Korea, North; Gender Male; Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214; Passport PS […]
Estimated reading time: 22 minutes
We’ve had a spate of time-limited General Licenses recently under the Russian Harmful Foreign Activities Sanctions recently, and it got Mr. Watchlist to thinking – that’s an important detail. So, starting today, as time-limited GLs get issued or updated, the listing on the Licenses page will denote the expiration date(s).
Estimated reading time: 26 seconds
Essentially an extension of GL13 until September 30th, although it specifically says that anything otherwise prohibited under the Russian Harmful Foreign Activities Sanctions Regulations (RuHSR) is not authorized under it. Links: OFAC Notice General License 13A
Estimated reading time: 18 seconds
Notice on Russian Harmful Foreign Activities Sanctions General License 9C Release date 05/24/2022 Body OFAC will not renew the provisions of GL-9C issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587, that expire on May 25, 2022 at 12:01 a.m. EDT. GL9C was the one […]
Estimated reading time: 1 minute
OFSI General Licence – Russia OFSI has issued General Licence INT/2022/1839676 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. Under General Licence INT/2022/1839676, UK nationals may purchase tickets for flights or rail journeys originating in, or within, Russia from PJSC Aeroflot, JSC Rossiya Airlines, JSC Ural Airlines or Russian Railways. […]
Estimated reading time: 37 seconds
OFSI Amends General Licence – Russia OFSI has amended General licence – INT/2022/1469378 which was issued under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. The expiry date of General licence INT/2022/1469378, in relation to the Wind Down of Positions Involving Sovcomflot, has been extended The Licence now expires on 30 June 2022. […]
Estimated reading time: 39 seconds
OFSI General Licence – Russia OFSI has issued General Licence INT/2022/1678476 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. Under General Licence INT/2022/1678476, there are provisions relating to winding down, basic needs and insolvency related payments in connection with Amsterdam Trade Bank N.V The Licence took effect on 12 May […]
Estimated reading time: 45 seconds
OFAC has issued Syria General License 22: OFFICE OF FOREIGN ASSETS CONTROLSyrian Sanctions Regulations 31 CFR part 542GENERAL LICENSE NO. 22Authorizing Activities in Certain Economic Sectors in Non-Regime Held Areas of Northeast and Northwest Syria (a) Except as provided in paragraph (c) of this general license, transactions prohibited by § […]
Estimated reading time: 17 minutes
Yesterday, OFAC added the following persons: ALYMOVA, Natalya Andreevna (Cyrillic: АЛЫМОВА, Наталья Андреевна), Russia; DOB 27 Feb 1979; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA). BELOUS, Aleksei Petrovich (a.k.a. BELOUS, Alexey), Luxembourg; DOB 1969; nationality Russia; Gender Male (individual) […]
Estimated reading time: 44 minutes
Issuance of Russia-related General Licenses; Publication of new and amended Russia-related Frequently Asked Questions 05/05/2022 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 7A, General License 26A, General License 31, and General License 32. In addition, OFAC has published one new Frequently […]
Estimated reading time: 4 minutes
Mr. Watchlist 