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More corrections by OFSI

Amendments to the Consolidated List 44 individuals and entities have been amended in the Consolidated List of Asset Freeze Targets. This follows an update to the UK Sanctions List. Amendments have been made to entries in the Belarus, Burma, Chemical Weapons, Democratic People’s Republic of Korea, Democratic Republic of the Congo, […]

OFAC Enforcement Disinformation: UBAF pays $8,572,500

That is not a typo… Mr. Watchlist meant to type “disinformation.” Read the details and I think you’ll understand why/… Union de Banques Arabes et Francaises (UBAF) committed 127 apparent non-egregious, voluntarily self-disclosed violations of sanctions imposed on sanctioned Syrian financial institutions between August 2011 and April 2013. These violated […]

OFAC Syria (& related) designations & updates, and new FAQs

Today, OFAC added the following persons: AL-KINAYEH, Lina Mohammed Nazir (Arabic: لينا محمد نذير الكناية) (a.k.a. AL-CANAIYA, Leena Muhammad Nathir; a.k.a. AL-KINAYA, Lina Muhammed Nazir; a.k.a. AL-KINAYEH, Leena; a.k.a. AL-KINAYEH, Lina (Arabic: لينا الكناية); a.k.a. AL-KINAYEH, Lina Mohammad Natheer; a.k.a. KINAYEH, Lina (Arabic: لينا كناية); a.k.a. KNAYA, Lina; a.k.a. KNIYA, […]

SECO adds 8 to Syria travel & financial sanctions

Today, Swiss authorities added the following persons to their Syria travel & financial sanctions: SSID: 200-43870 Name: Bassam Tou’ma Sex: M DOB: 1969 POB: Safita, Syrian Arab Republic Good quality a.k.a.: Tu’ma Justification: Minister of oil and mineral resources. Appointed in Aug 2020. As a Government Minister, shares responsibility for […]

OFAC adds & updates DPRK listings (and one Syria-related one, too)

Today, OFAC added the following entities: KOREA CHOLSAN GENERAL TRADING CORPORATION (Cyrillic: ГЕНЕРАЛЬНАЯ ТОРГОВАЯ КОМПАНИЯ ЧХОЛСАН КНДР) (a.k.a. CHKHOLSAN; a.k.a. CHOLSAN TRADING COMPANY; a.k.a. CHOLSON LLC (Cyrillic: OOO ЧХОЛСАН)), Russia; Tongdaewon District, Pyongyang, Korea, North; Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Transactions Prohibited For Persons […]

OFAC adds to Syria, Syria-related and Hong Kiong-related sanctions lists

OFAC today added the following persons: AL-ALI, Nasr (Arabic: ناصر العلي) (a.k.a. AL-ALI, Naser; a.k.a. AL-ALI, Nasir; a.k.a. AL-ALI, Nasser; a.k.a. ALI, Nasser), Damascus, Syria; DOB 01 Feb 1961; POB Manbij, Aleppo, Syria; nationality Syria; Gender Male (individual) [SYRIA].  BIN AHMED RUSHDI AL-QATIRJI, Hussam (Arabic: حسام بن أحمد رشدي قاطرجي) (a.k.a. […]

EU, OFSI add 8 to Syria sanctions

Pursuant to Council Implementing Regulation (EU) 2020/1649, UK regulators added the following persons to their Syria sanctions program: 1. TOU’MA, Bassam DOB: –/–/1969. POB: Safita, Syria a.k.a: TU’MA, Bassam Position: Minister of Oil and Mineral Resources. Appointed in August 2020. Other Information: Gender: male. Listed on: 06/11/2020 Last Updated: 06/11/2020 […]

EU sanctions 8 Syrian ministers

Eight Syrian ministers added to EU sanctions list The Council today decided to add eight members of the Syrian regime to the list of persons subject to EU restrictive measures on Syria, in light of their recent ministerial appointments. This decision brings to 288 the total number of persons targeted by a travel […]