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OFAC’s long weekend present: new North Korea, non-proliferation designations, narcotics removals, and a new version of Venezuela GL 8

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 […]

Friday Update-a-Palooza!

314 entries amended on the consolidated list 314 entries have been amended under the Russia, Cyber, and Belarus financial sanctions regimes. On 27 May 2022 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. 299 entries have been […]

SECO amends, removes Iran sanctions listings

News 25 May 2022  International sanction  2022 Updated Sanction Notification The Federal Department of Economic Affairs, Education and Research EAER has amended Annex 7 to the Ordinance of 11. November 2015 on measures against the Islamic Republic of Iran (RS 946.231.143.6). On the 24th In May 2022, the Federal Department […]

State’s Press Release on OFAC counter-terror action

Targeting Covert Hamas Investment Network and Hamas Finance Official PRESS STATEMENT NED PRICE, DEPARTMENT SPOKESPERSON MAY 24, 2022Share While Palestinians in Gaza face harsh living and economic conditions under Hamas, the terrorist group has amassed hundreds of millions in its secret investment portfolio.  Hamas maintains a violent agenda that harms […]