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OFAC publishes 2 new Syria FAQs

884. Do non-U.S. persons, including nongovernmental organizations (NGOs) and foreign financial institutions, risk exposure to U.S. secondary sanctions pursuant to the Caesar Syria Civilian Protection Act of 2019 (Caesar Act) for activities that would be authorized under the Syrian Sanctions Regulations (SySR)? Answer With respect to non-U.S. persons, OFAC will not […]

UK adds 6 to Syrian sanctions

Today, OFSI added the following 6 persons: 1. AL-QATIRJI, Muhammad Bara DOB: 10/11/1976. POB: Raqqah, Syria a.k.a: (1) ABU BARA (2) AL-QATARJI, Abu, al- Bara (3) AL-QATARJI, Bara (4) AL-QATARJI, Bara, Ahmad (5) AL-QATARJI, Muhammad (6) AL-QATARJI, Muhammad, Bara, Ahmad, Rushdi (7) AL-QATARJI, Muhammad, Nur, al-Din (8) KATARJI, Abu, al-Bara […]

SECO adds Faisal Mekdad to Syria program

Today, Swiss authorities added: SSID: 200-44361 Name: Faisal Mekdad Sex: M DOB: 1954 POB: Ghasm, Daraa Governorate, Syrian Arab Republic Good quality a.k.a.: a) Fayçal b) al-Mekdad (Meqdad, al-Meqdad) Justification: Minister of Foreign Affairs. Appointed in Nov 2020. As a Government Minister, shares responsibility for the Syrian regime’s violent repression […]

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 […]