Mr. Watchlist has added links in the appropriate spots on the Regulatory Links page for: The OFAC NPWMD (Non-Proliferation of Weapons of Mass Destruction) General License 6, relating to the arrest, detention and sale of the MV Uppercourt, currently detained in China The Her Majesty’s Treasury General Licenses for the […]
Here we go… Mr. Watchlist is stunned by the number of updates coming in over night (having new news subscriptions for Singapore and UK changes doesn’t help)… DFAT has updated its Iran sanctions program, subsequent to updates from the UN. 2 entities, Yas Air and SAD Import Export Company OSFI […]
OSFI implemented the changes to the terrorism program that the UN made (and DFAT implemented yesterday) … just letting you know. Links: OSFI release UN release
Two releases today from OFAC: This morning, 3 individuals were added to the Transnational Criminal Organizations sanctions: 2 Kyrgyz nationals, and 1 has Georgian and Russian citizenship. This afternoon, OFAC issued a new General License (#6) for the Weapons of Mass Destruction Proliferators sanctions program. This license authorizes transactions related […]
Balance? What’s balance? Balance between the costs of compliance and the potential costs of non-compliance, of course. But, but, but… doesn’t OFAC sputter about its “strict liability” policy? Sure, but they also have their Enforcement Guidelines, which informs how they determine how hard to slap a firm’s wrists, if at […]
Today, the Swiss updated their sanctions against the Democratic Republic of the Congo (DRC), adding 2 individuals. Links: FINMA Press release SECO DRC Sanctions Page Data Files: PDF Changes MS Word Changes XML Changes Consolidated List (PDF)
FACFOTER is Canada’s Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations, which are the regulations specific to those two countries as part of the Freezing Assets of Corrupt Foreign Officials Act. These regulations are intended to freeze the assets of “former leaders and senior officials or their associates […]
The United Nations modified one entity sanctioned under the Al-Qaida/Taliban terrorism program today. Links: UN Security Council Committee advice Note: the DFAT notice was received as an email with no associated document – the only link was to the UN release.
Today, OFAC removed a relative slew of narcotics traffickers (one has to assume they are now, at worst, “ex” traffickers) from the SDN list. It’s been a busy week over at Treasury – perhaps clearing the decks before decking the halls for the Christmas holiday. Here’s today’s release – happy […]
OFAC today added 2 colonels involved in the Congo atrocities under General Ntaganda to the SDN List. These should look familiar, though – DFAT added these back on December 6th. Links: OFAC Press Release
