Events listed in US Sanctions
Correction to Notice of OFAC Sanctions Actions
ID 25840
On November 16, 2023, the Office of Foreign Assets Control, OFAC, published in the Federal Register a correction notice to correct the records of a previously designated person, namely STEPANOV, Artem Nikolaevich. Specifically, in the records of the individual, “Linked To: PRIGOZHIN, Yevgeniy, Viktorovich” is deleted and replaced with “Linked To: OOO YUNIDZHET”. Also, the grounds for designation are changed as follows (as quoted): ...
Issuance of Venezuela-related General Licenses and Associated Frequently Asked ...
ID 25833
The Office of Foreign Assets Control (OFAC) has published a new press release to inform about new sanction-related measures. Specifically, the Office issued two new General Licenses (GLs) and a new frequently asked question (FAQ) all relating to sanction measures in connection with Venezuela. Each measure is briefly described below: (1) OFAC has issued a new General License 8M to permit (financial) „transactions involving ...
Counter Narcotics Designation
ID 25828
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office announced that it has added one individual to its Specially Designated Nationals and Blocked Persons List (SDN List) for being engaged in or supporting the trafficking of cocaine and other illegal drugs pursuant to Executive Order 14059. The affected individual is the following: ...
Counter Terrorism Designations
ID 25798
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added eight individuals and two entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594 and Executive Order 13224) for their engagement in or the financing of terrorist organization Hamas. The following ...
Sanctions Compliance Guidance for the Provision of Humanitarian Assistance to the ...
ID 25794
The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury (USDT) has published a new guidance as regards the provision of humanitarian aid to the Palestinian people in Gaza in view of existing sanction regulations and executive orders targeting the Hamas. The guidance, which primarily consists of frequently asked questions (FAQs), is aimed at supporting firms, organizations, and individuals alike ...
Counter Narcotics Designations
ID 25683
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office announced that it has added 13 individuals and 4 entities to its Specially Designated Nationals and Blocked Persons List (SDN List) for being engaged in or supporting the trafficking of fentanyl and other illegal drugs pursuant to Executive Order 14059. The affected parties ...
Russia-related Designation
ID 25650
The Office of Foreign Assets Control (OFAC) has published a new press statement to inform about new sanction measures. Specifically, the Office added one individual to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to Executive Order 14024 which was signed by President Joseph Biden in 2021 and subsequently amended to install sanction measures for engagements in or being responsible for ...
Russia-related Designations, Updates and Removal; Counter Terrorism Designation ...
ID 25627
In view of the ongoing aggression of Russia towards Ukraine, the U.S. Department of the Treasury has drawn up a new sanctions package targeting Russia, the Russian economy, and Russian firms and individuals, which consists of the following: (1) The sanctioning of nearly 100 additional entities and individuals for their engagement in sanction evasion and / or their provision of important technical devices used ...
Burma-related Designations; Counter Narcotics Designations Removals; Issuance of ...
ID 25577
In view of the ongoing situation in Myanmar, the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has taken several initiatives in this context. Specifically, as announced in a recent press release, OFAC has **issued a new [Directive 1 under Executive Order 14014 – Prohibitions Related to Financial Services to or for the Benefit of Myanma Oil and Gas ...
Counter Terrorism Designations
ID 25521
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added eight individuals and four entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594 and Executive Order 13224) for their engagement in or the financing of terrorist organization Hamas. The following ...