On Wednesday, OFAC issued General License No. 1 for the Zimbabwe sanctions program. It authorizes transactions with the Agricultural Development Bank of Zimbabwe and the Infrastructure Development Bank of Zimbabwe, as long as it doesn't involve someone who is explicitly sanctioned. The General License has now been added to the […]
The enhanced reporting measures for Kassem Rmeiti & Co. for Exchange and Halawi Exchange Co. are effective immediately for the next 120 days. Additionally, FinCEN is issuing a notice of proposed rulemaking which, if adopted, would impose Special Measure 5 (the financial death penalty, prohibiting all access to the US […]
There are both program changes: States are directed under the resolution to enhance their vigilance over the diplomatic personnel of the Democratic People’s Republic of Korea, in a provision aimed at halting any activities that could contribute to the country’s weapons programme, or which would violate any prohibited activities. More […]
Of the changes, 6 are Afghan Taliban members or shadow governors in the areas they operate in, 1 is an arms supplier to the Taliban who was apprehended, and the remaining six are part of the Haqqani network. It should be noted that about half of these are extremely minor […]
DFAT is proposing changes to the Iranian autonomous sanctions program, and is soliciting public comment through May 10th. The text of the proposed changes are on DFAT's site for your review. Simply put: You won't be able to import, purchase, or transport Iran's natural gas You won't be able to […]
OSFI has a quarterly newsletter called the OSFI Pillar, and its Spring 2013 edition is out! It's not all watchlist-related, of course – but any resource you can have coming to you effortlessly (as opposed to you having to search for it) is a good resource. If you're not already […]
On Friday (sorry, Mr. Watchlist was en route to the airport), OFAC issued a notice about a new online method of submitting license applications. The new system lets you apply for licenses for: Export of agricultural goods, medicine or medical devices to Iran or Sudan Travel to Cuba Release of […]
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 […]
From the Syrian sanctions program, the following person was removed: AL-KUZBARI, Nabil Rafik (a.k.a. AL-KOUZBARI, Nabil; a.k.a. AL-KUZBARI, Nabil; a.k.a. AL-KUZBARI, Nabil Rafiq; a.k.a. KUSBARI, Nabil; a.k.a. KUZBARI, Ahmad; a.k.a. KUZBARI, Ahmad Nabil; a.k.a. KUZBARI, Nabil R.); DOB 20 Sep 1936; POB Damascus, Syria; citizen Syria; alt. citizen Austria; Passport […]
According to Reuters, European Union ambassadors agreed Wednesday that, other than an arms embargo, all remaining economic sanctions should be lifted on Myanmar. This proposal is expected to be ratified by EU foreign ministers at their meeting on Monday. While the news item in Reuters notes that the document coming […]
