Cayman Islands issues its own set of updates based on those issued by OFSI
OFSI amends multiple programs
44 entries amended on the consolidated list 44 entries have been amended under the Democratic People’s Republic of Korea, Global Human Rights, Myanmar and Russia financial sanctions regimes. On 11 November 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 […]
November 8, 2022: OFAC Sanctions Tango – Tornado Cash moves from cyber to DPRK, plus some Burma, some DPRK, some cyber adds & removals, and an FAQ
OFAC has added the following person: OO, Kyaw Min, Yangon, Burma; DOB 18 Jan 1982; nationality Burma; Gender Male; National ID No. 14/MAMAKA N 140703 (Burma) (individual) [BURMA-EO14014]. and entity: SKY AVIATOR COMPANY LIMITED (a.k.a. SKY AVIATOR CO.; a.k.a. SKY AVIATOR CO., LTD.; a.k.a. SKY AVIATOR COMPANY LTD.; a.k.a. “SKY […]
November 4, 2022: Canada statement on North Korea actions
Statement by Minister Joly on North Korea’s continued provocations November 4, 2022 – Ottawa, Ontario – Global Affairs Canada The Honourable Mélanie Joly, Minister of Foreign Affairs, today issued the following statement in response to North Korea’s ongoing missile launches and military activity: “Canada strongly condemns North Korea’s continued ballistic […]
November 4, 2022: G-7 statement covers the globe with their concerns
G7 foreign ministers statement Preamble We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America, and the High Representative of the European Union, underline our strong sense of unity and our unshakable commitment to uphold the rules-based international order and […]
FinCEN wants to renew North Korea-related Section 311 Special Measure 5 [UPDATED]
You learn something new every day: part of Section 311 Special Measure 5 (at least in this case) requires firms to notify customers who have correspondent banking accounts that the targeted parties may not have use of or access to the account. [UPDATE] Here is the notice FinCEN just sent: […]
Rewards for Justice: $5 million for info on financial supporter of DPRK activities
Rewards for Justice – Reward Offer for Information on Kwek Kee Seng MEDIA NOTE OFFICE OF THE SPOKESPERSON NOVEMBER 3, 2022 The U.S. Department of State’s Rewards for Justice (RFJ) program, which is administered by the Diplomatic Security Service, is offering a reward of up to $5 million for information […]
Early morning OFAC doings (October 7, 2022 edition): OFAC adds to TCO & DPRK sanctions
EU High Representative Statement on North Korea recent actions
DPRK/North Korea: Declaration by the High Representative on behalf of the EU The EU strongly condemns the illegal launch by the DPRK of an intermediate-range ballistic missile on 4th October 2022 that flew over the territory of Japan amid multiple ballistic missile launches over the past week. This is yet […]
End of Quarter Clearance at OFAC: an enforcement action, a related guidance document… oh, and yes, Libyan sanctions regs
Sanctions Compliance Guidance for Instant Payment Systems; Settlement Agreement between OFAC and Tango Card, Inc.; Issuance of Libyan Sanctions Regulations Release date 09/30/2022 Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing “Sanctions Compliance Guidance for Instant Payment Systems” which emphasizes the importance of […]
Mr. Watchlist 