Aggregated News From Investment Management Regulators

OFAC US

Russia-related Designations and Designation Update; Central African Republic Designations; Transnational Criminal Organizations Designation; Global Magnitsky Designations; Issuance of Global Magnitsky General Licenses and Frequently...

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 5, "Authorizing Certain Transactions Related to Frigorifico Chajha S.A.E." and General License 6, "Authorizing the Wind Down of Transactions Involving Bebidas USA Inc., Tabacos USA Inc., Frigorifico Chajha S.A.E., Dominicana Acquisition S.A., or Certain Blocked Entities Owned by Horacio Manuel Cartes Jara." OFAC is also issuing two Frequently Asked Questions (1111 and 1112). The following additions and changes have been made to OFAC's list of Specially Designated Nationals: SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  ADONEV, Sergei Nikolaevich...

Iran-related Designations and Designation Update; Non-Proliferation Designation Update; Counter Terrorism Designation Update

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  ALA'ODDINI, Yahya (Arabic: یحیی علاء الدینی) (a.k.a. ALAEDDINI, Yahya), Iran; DOB 21 Mar 1965; POB Tehran, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Passport K47201906 (Iran) expires 19 Oct 2023; National ID No. 0036732958 (Iran) (individual) (Linked To: BONYAD TAAVON SEPAH). ASIABANI, Kourosh (Arabic: کورش آسیابانی) (a.k.a. ASIABANI, Korosh; a.k.a. ASIABANI, Kurosh (Arabic: کوروش آسیابانی); a.k.a. ASIYABANI, Koresh), Number 0, Floor 2, Golrizan Boulevard, Fajr Alley, District 22 Bahman, Kermanshah 6714699785, Iran; Unit 1, Paradise Building, across from Kokab...

Counter Terrorism Designation Removal

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following deletions have been made to OFAC's SDN List: KHALIFEH, Hanna Elias (a.k.a. KHALIFAH, Hanna; a.k.a. KHALIFE, Hanna), Midan Street, Mazraat Yachouh, Metn, Lebanon; Asaad Karam Building, Midan Street, Mazraat Yachouh, Lebanon; DOB 09 Jul 1955; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Passport RL2033216 (Lebanon) (individual) . KHALIFAH, Hanna (a.k.a. KHALIFE, Hanna; a.k.a. KHALIFEH, Hanna Elias), Midan Street, Mazraat Yachouh, Metn, Lebanon; Asaad Karam Building, Midan Street, Mazraat Yachouh, Lebanon; DOB 09 Jul 1955; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant...

Issuance of Venezuela-related General License and Amended Venezuela-related Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5J, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After April 20, 2023". OFAC is also amending Venezuela-related Frequently Asked Question 595. This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Issuance of Russia-related General Licenses and Amended Russia-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 6C "Transactions Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates, the Coronavirus Disease 2019 (COVID-19) Pandemic, or Clinical Trials", Russia-related General License 54A "Authorizing Certain Transactions Involving VEON Ltd. or VEON Holdings B.V. Prohibited by Executive Order 14071", and Russia-related General License 28B "Authorizing the Wind Down and Rejection of Certain Transactions Involving Public Joint Stock Company Transkapitalbank and Afghanistan".  OFAC is also amending four Russia-related Frequently Asked Questions (982, 1054, 1055, and 1059). This news item was originally published by the...

Publication of Iran-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Iran-related Frequently Asked Question (FAQ 1110) and amending several Iran-related Frequently Asked Questions (FAQs 337, 338, 339, 340, 341, 342, 343, 344, 345, 346, 348, 434, 435, 436, 437, 438, 439, 440, 441, 442, 443, and 853).  This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Issuance of Venezuela-related General License and Amended Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 31B,"Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons."  OFAC is also amending several Frequently Asked Questions (522, 547, 660, 679, and 680).  This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Iran-related Designations and Designation Update; Non-Proliferation Designations and Designation Update; Russia-related Designation Update

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  ARLANIZADEH, Vali (Arabic: ولی ارلنی زاده) (a.k.a. ARLANI ZADEH, Vali), Iran; DOB 22 Nov 1979; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 2802738003 (Iran) (individual) (Linked To: QODS AVIATION INDUSTRIES). DAMAVANDIAN, Ghassem (Arabic: قاسم دماوندیان) (a.k.a. DAMAVANDIAN, Qassem), Iran; DOB 02 May 1968; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Passport G9336_77 (Iran) expires 27 Oct 2019; National ID No. 0052944492 (Iran) (individual) (Linked To: QODS AVIATION INDUSTRIES). GHOREISHI, Seyed Hojatollah...

Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Danfoss A/S

The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with Danfoss A/S ("Danfoss"), a multinational Danish company that manufactures and sells refrigeration and other cooling products. Danfoss agreed to remit $4,379,810 to settle its potential civil liability for 225 apparent violations of the Iranian Transactions and Sanctions Regulations, the Syrian Sanctions Regulations, and the Sudanese Sanctions Regulations. The apparent violations occurred when Danfoss FZCO, Danfoss's wholly owned United Arab Emirates (UAE)-based subsidiary, directed customers in Iran, Syria, and Sudan to make payments to its bank account at the UAE branch of...

Preliminary Guidance on Implementation of the Price Cap Policy for Petroleum Products of Russian Federation Origin

Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing preliminary guidance on the implementation of the price cap policy for petroleum products of Russian Federation origin. This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Iraq-related Designations Removals

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following deletions have been made to OFAC's SDN List: MIDCO FINANCE S.A. (a.k.a. MIDCO FINANCIAL S.A.; a.k.a. MONTANA MANAGEMENT INC.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN CH-660-0-469-982-0 (United States); Switzerland . MIDCO FINANCIAL S.A. (a.k.a. MIDCO FINANCE S.A.; a.k.a. MONTANA MANAGEMENT INC.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN CH-660-0-469-982-0 (United States); Switzerland . MONTANA MANAGEMENT INC. (a.k.a. MIDCO FINANCE S.A.; a.k.a. MIDCO FINANCIAL S.A.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN CH-660-0-469-982-0 (United States); Switzerland . AL-DULAIMI, Khalaf (a.k.a. AL-DULAYMI, Khalaf M.M.); DOB 25 Jan 1932; Passport...

Iran-related Designations; Nicaragua-related Designation Removal; Venezuela-related Designation Removal; Counter Terrorism Designations Updates; Publication of Russia-related Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one Russia-related Frequently Asked Question (1109). The following additions, removals, and changes have been made to OFAC's list of Specially Designated Nationals: SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  HASSANZADEH, Hassan (a.k.a. HASSANZADEH, Hasan (Arabic: حسن حسنزاده)), Tehran, Iran; DOB 21 Mar 1957; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; IRGC Brigadier General (individual) (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS). HOSSEINI, Seyed Sadegh (Arabic: سید صادق حسینی) (a.k.a. HOSSEINI, Sadegh), Kurdistan, Iran; DOB 1963 to 1964;...

Regulator Information

Abbreviation: OFAC
Jurisdiction: United States

Recent Articles

Sanctions Notice – Myanmar — GFSC

Please be advised that the following individuals and entities: Win Kyaw Kyaw Aung Zaw Min Tun Asia Sun Trading Company Limited Cargo Link Company Limited have been designated under the Myanmar (San

Sanctions Notice – ISIL (DA’ESH) and AL-QAIDA — GFSC

Please be advised that Islamic State in Iraq and the Levant in South-East Asia has been designated under the ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulati

SFDR data collection exercise for investment fund managers (IFMs) on regulatory requirements in relation to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial...

1. Context This Communiqué follows up on the CSSF communiqué published on 27 July 2022 announcing the intention of the CSSF to launch a data collection exercise...

EARNEASYMONEY

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

CVM accepts proposal for a term of commitment with the CEO of Clear Sale SA

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content...

Get the latest from Regulatory.News in your inbox!

×