Aggregated News From Investment Management Regulators

OFAC US

Publication of Amended Syria Sanctions Regulations and Related Frequently Asked Questions; Issuance of Venezuela-related General License 8I

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adopting a final rule amending the Syrian Sanctions Regulations, 31 CFR part 542, to expand an existing authorization related to certain activities of nongovernmental organizations (NGOs) in Syria. This regulatory amendment is currently available for public inspection with the Federal Register and will take effect upon publication in the Federal Register on Friday, November 26, 2021. OFAC is also publishing two, new Frequently Asked Questions (937 and 938). Also, OFAC is issuing Venezuela-related General License 8I, "Authorizing Transactions Involving Petróleos de Venezuela, S.A. (PdVSA) Necessary for the Limited Maintenance of...

PEESA Designations

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following entity has been added to OFAC's SDN List:  TRANSADRIA LTD, Evagora Pallikaridi, 11, Argaka, Paphos 8873, Cyprus (Greek: Ευαγόρα Παλληκαρίδη, 11, Αργάκα, Πάφος 8873, Cyprus); Registration Number HE 418991 (Cyprus) . The following vessel has been added to OFAC's SDN List:  MARLIN (UBNV2) Offshore Support Vessel Russia flag; Vessel Registration Identification IMO 9396854 (vessel) (Linked To: TRANSADRIA LTD). This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Counter Terrorism Designations, Designations Updates and Designations Removals; Syria Designations Updates

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  AZAM, Sultan Aziz, Afghanistan; DOB 1985; POB Afghanistan; nationality Afghanistan; Gender Male (individual) . GHAFARI, Sanaullah (a.k.a. AL-MUHAJIR, Shahab), Afghanistan; DOB 28 Oct 1994; POB Afghanistan; nationality Afghanistan; Gender Male; Passport O1503093 (individual) . KHALOZAI, Ismatullah (a.k.a. KHALOUZAI, Asmatullah; a.k.a. "KHEL, Sher Omar"), Kabul City, Kabul District, Kabul Province, Afghanistan; DOB 01 Jan 1995; POB Baba Zangi Village, Fabri Qand City, Baghlan-e Jadid District, Baghlan Province, Afghanistan; nationality Afghanistan; Gender Male (individual) (Linked To: ISIL KHORASAN). RAJAB, Maulawi (a.k.a. SALAHUDIN, Maulawi Rajab), Paghman District, Kabul Province, Afghanistan; DOB...

Termination of Emergency With Respect to Burundi; Foreign Interference in U.S. Election Designations and Designation Update; Yemen-related Designation and Designations Updates

The President has signed Executive Order "Termination of Emergency With Respect to the Situation in Burundi," terminating the emergency declared in Executive Order 13712 of November 23, 2015 "Blocking Property of Certain Persons Contributing to the Situation in Burundi." In addition, the following names have been added to, removed from, or updated on OFAC's list of Specially Designated Nationals: SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: ALSHAER, Saleh Mesfer (a.k.a. AL-SHAER, Saleh; a.k.a. ALSHAER, Saleh Mesfer Saleh; a.k.a. AL-SHAER, Salih Misfer; a.k.a. "ABU YASSER"), Sana'a, Yemen; DOB 1965; alt. DOB 1966; alt. DOB 1967; POB Razih...

Ethiopia-Related Designations; Kingpin Act Designations Removals; Issuance of Ethiopia-Related General License and Frequently Asked Questions

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Ethiopia General License 4, "Authorizing the Wind Down of Transactions Involving Hidri Trust or Red Sea Trading Corporation."  OFAC has also updated Frequently Asked Question (FAQ) 927, and published two new FAQs (935 and 936). In addition, the following names have been added to or removed from OFAC's list of Specially Designated Nationals: SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  NEMARIAM, Abraha Kassa (a.k.a. KASSA, Abraha; a.k.a. KASSA, Wedi), Eritrea; DOB 15 Jul 1953; POB Eritrea; nationality Eritrea; Gender Male; Passport D000294 (Eritrea)...

Publication of Cambodia Business Advisory on High-Risk Investments and Interactions

OFAC has published a Cambodia Business Advisory on High-Risk Investments and Interactions. This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

The U.S. Department of the Treasury’s Office of Foreign Assets Control Issues Finding of Violation to Mashreqbank psc

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced the issuance of a Finding of Violation ("FOV") to Mashreqbank psc ("Mashreq"), a financial institution headquartered in the United Arab Emirates with a branch in London, United Kingdom.  Between January 4, 2005 and February 6, 2009, Mashreq's London branch processed 1,760 outgoing payments totaling $4,085,427,520 through financial institutions in the United States in violation of OFAC's now-repealed Sudan sanctions program, which prohibited the exportation, directly or indirectly, of services to Sudan. This FOV is part of a global settlement between Mashreq, the New York State...

Cyber-related Designations and Designations Updates

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  POLYANIN, Yevgeniy Igorevich (Cyrillic: ПОЛЯНИН, Евгений Игоревич) (a.k.a. POLIANIN, Evegnii Igorevich; a.k.a. POLYANIN, Evgenii Igorevich; a.k.a. POLYANIN, Evgeniy; a.k.a. POLYANIN, Evgeniy Igorevich), Baltiiskaya 63-16, Barnaul 656058, Russia; DOB 04 Mar 1993; POB Russia; nationality Russia; Gender Male; Digital Currency Address - XBT 158treVZBGMBThoaympxccPdZPtqUfYrT9; alt. Digital Currency Address - XBT 389Sft4nJFkPGhbagk9FN4jXncA9piYTuU; alt. Digital Currency Address - XBT 39Te8MbphSgs7npDJPj2hbNzhke61NTcnB; alt. Digital Currency Address - XBT 31p6woV4e55HUfC2aGynFhzQnGoJFW26cD; alt. Digital Currency Address - XBT 3DNsaQnaUz7wkQny1ZDSmtz6QfbEShxoDD; alt. Digital Currency Address - XBT 3AjyprBY5yhijiCjUC5NUJutGbwhd3AQdE; Digital Currency Address - USDT 0xfec8a60023265364d066a1212fde3930f6ae8da7; Passport 0118665722...

Publication of Syria Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Syria Frequently Asked Question 934. This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

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

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: ABOUTALEBI, Yousef (Arabic: یوسف ابو طالبی) (a.k.a. ABU-TALEBI, Yousef; a.k.a. ABUTALEBI, Yusef; a.k.a. ABU-TALEBI, Yusif), Iran; DOB 29 May 1983; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 0384284094 (Iran) (individual) (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS). AGHAJANI, Saeed (a.k.a. ARA JANI, Saeed), Iran; DOB 03 Apr 1969; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Passport V47528711 (Iran); Brigadier General (individual) (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS AIR FORCE). MEHRABI, Abdollah...

Lebanon Designations

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: AL-ARAB, Jihad (Arabic: جهاد العرب) (a.k.a. EL ARAB, Jihad; a.k.a. EL ARAB, Jihad Ahmad), France Street Pavilion Building, Villa Jihad el Arab, Downtown Mina el Hosn, Beirut, Lebanon; DOB 06 Jan 1963; POB Beirut, Lebanon; nationality Lebanon; Gender Male; Passport LR0073000 (Lebanon) expires 25 Jul 2022 (individual) . KHOURY, Dany (Arabic: داني خوري), Lebanon; DOB 02 May 1967; POB Ramhala, Lebanon; nationality Lebanon; Gender Male; Passport LR0036899 (Lebanon) expires 17 Aug 2021 (individual) . SAYYED, Jamil (a.k.a. AL-SAYED, Jamil Muhammad Amin Amin (Arabic: جميل محمد امين امين السيد);...

Counter Terrorism Designation Update; Libya-related Designation

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individual has been added to OFAC's SDN List: IBRAHIM, Osama Al Kuni (Arabic: أسامة الكوني ابراهيم) (a.k.a. AL KUNI, Osama; a.k.a. AL-MILAD, Osama; a.k.a. MILAD, Osama; a.k.a. "ZAWIYA, Osama"; a.k.a. "ZAWIYAH, Osama"), Zawiyah, Libya; DOB 04 Apr 1976; alt. DOB 02 Apr 1976; POB Tripoli, Libya; nationality Libya; Gender Male (individual) . The following changes have been made to OFAC's SDN List: ISMAIL, Talib Husayn Ali Jarak, Block 8, Street 20, House No. 33, Jabriya, Kuwait; Street 21, Salem Al Mubarak Avenue, Block 20, Building 13, Salmiya, Kuwait; PO Box 3390, Safat 13034, Kuwait City, Kuwait;...

Regulator Information

Abbreviation: OFAC
Jurisdiction: United States

Recent Articles

Retail investors have grown in number, are younger and increasingly use neo-brokers since the Covid crisis

After an initial analysis of the behaviour of retail investors on the stock market conducted in April 2020 during the first lockdown, the Autorité des Marchés Financiers has confirmed the renewed in

The AMF announces two appointments to the Regulatory Policy and International Affairs Directorate (DRAI)

Kheira Benhami has been appointed Chief Economist and Director of the Analysis, Financial Stability and Risks Division at the DRAI as of 2 November, while Ianja Ramananarivo was appointed Head of th

Aclassbank / Bellerophon Group Ltd

Attention! The FMA warns investors against concluding transactions with: Aclassbank / Bellerophon Group Ltd with its registered address apparently in Mauritius and St. Vincent and Grenadines Web: www.aclassbank.com E-Mail:...

Get the latest from Regulatory.News in your inbox!

×