Menu Home

Swiss Sanctions-Palooza Part 3: Sudan

On Wednesday, SECO updated the following listing: SSID: 190-3092 Name: BadriBarey Gabril Abdul Kareem Good quality a.k.a.: a) General Gibril Abdul Kareem Barey b) Tek Justification: a) National Movement for Reform and Development (NMRD) FieldCommander. b) BadriBarey is responsible for the kidnapping of African Union Mission inSudan (AMIS) personnel in […]

Even non-profits can get fined…

The American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the “American Club”) just got fined $348,000 for 55 non-egregious violations of the Cuban, Iranian and Sudanese sanctions programs that they did not voluntarily self-disclose. The transactions were maritime Protection and Indemnity (P&I) insurance claims, Letters of Undertaking (LOU – […]

April 18, 2013: SECO gets busy!

No less than 5 sanctions changes from the Swiss regulator today: On Zimbabwe, 81 individuals and 8 companies were deleted from the sanctions lists On Liberia, one person's record was amended with additional information, and the rest were changed to be in line with the text of the UN's list […]

April 15, 2013: New OFAC Sudan General License

Today, OFAC issued its first General License for the Sudanese sanctions program. It permits 3 exceptions to the sanctions regime: Academic exchanges with US educational institutions Administration of professional certificate and college entrance exams, as well as not-for-profit professional training of Sudanese Non-commercial research in Sudan   Note: I am […]

Evil Thought of the Day: March 22, 2013

What’s to prevent a country with blocked cargo vessels with changing the IMO number? If you changed the name (which Iran did with the IRISL vessels), changed the flagging (Iran has even changed the flagging without actually working with the country in question) and changed the IMO number (I assume […]