Aggregated News From Investment Management Regulators

OFAC US

Reports for Licensing Activities Undertaken Pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA)

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has released Quarterly Reports of Licensing Activities pursuant to Section 906(b) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA), covering activities undertaken by OFAC under Section 906(a)(1) of the TSRA from April 2019 through September 2021.  Under the procedures established in its TSRA-related regulations, OFAC processes license applications requesting authorization to export agricultural commodities, medicine, and medical devices to Iran and Sudan under the specific licensing regime set forth in Section 906 of the TSRA. This news item was originally published by the Office of...

Balkans-related Designation; Publication of Cuba Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Cuba Frequently Asked Question (1090). In addition, the following name has been added to OFAC's list of Specially Designated Nationals: SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individual has been added to OFAC's SDN List: KAJMAKOVIC, Diana (a.k.a. KAJMAKOVIC, Dijana), Bosnia and Herzegovina; DOB 22 Aug 1966; POB Sarajevo, Bosnia and Herzegovina; nationality Bosnia and Herzegovina; citizen Bosnia and Herzegovina; Gender Female (individual) . Press Release Link Treasury Targets Corrupt State Prosecutor in Bosnia and Herzegovina This news item was originally published by the Office of Foreign Assets Control (OFAC US). For...

Settlement Agreements between the U.S. Department of the Treasury’s Office of Foreign Assets Control and CA Indosuez Switzerland S.A., and CFM Indosuez Wealth

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with CA Indosuez Switzerland S.A. (“CAIS”), an indirect subsidiary of Credit Agricole Corporate and Investment Bank located in Switzerland that specializes in wealth management and corporate and investment banking.  CAIS agreed to remit $720,258 to settle its potential civil liability for apparent violations of sanctions against Cuba, Ukraine-related, Iran, Sudan, and Syria.  CAIS operated U.S. dollar (USD) banking and securities accounts on behalf of 17 individual customers located in sanctioned jurisdictions and conducted USD business on behalf of these customers through the U.S....

Issuance of Iran General License D-2 and related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran General License D-2  "General License with Respect to Certain Services, Software, and Hardware Incident to Communications" and publishing three Iran-related Frequently Asked Questions (1087 - 1089). Press Release Link U.S. Treasury Issues Iran General License D-2 to Increase Support for Internet Freedom 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; Cyber-related Designation Update

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: ABNOUSH, Salar (Arabic: سالار آبنوش) (a.k.a. ABNOOSH, Salar), Iran; DOB 02 May 1962; POB Hamedan, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male (individual) . AMANOLLAHI, Manouchehr (Arabic: منوچهر امن اللهي) (a.k.a. AMANOLLAHI BAHARVAND, Manouchehr), Iran; DOB Mar 1965 to Mar 1966; POB Khorramabad, Iran; citizen Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Brigadier General (individual) . HEIDARI, Kiyumars (Arabic: کیومرث حیدری) (a.k.a. HEYDARI, Kioumars), Iran; DOB 1964; POB Kermanshah, Iran; nationality Iran; Additional Sanctions Information - Subject to...

Issuance of Russia-related General License

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 52. This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Russia-related Designations; Issuance of Russia-related General License and Frequently Asked Questions; Zimbabwe-related Designation, Removals and Update; Libya-related Designation Update

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 51  "Authorizing the Wind Down of Transactions Involving Limited Liability Company Group of Companies Akvarius", and publishing three Russia-related Frequently Asked Questions (1080 - 1082). In addition, 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:  AKHMADOVA, Aminat (Cyrillic: АХМАДОВА, Аминат), Republic of Chechnya, Russia; DOB 1985; POB Grozny, Republic of Chechnya, Russia; nationality Russia; Gender Female (individual) (Linked To: KADYROV, Ramzan Akhmatovich). ASTANIN, Eddie Vladimirovich (Cyrillic: АСТАНИН,...

Publication of Russia-related Determinations and Frequently Asked Questions

Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a Determination Pursuant to Section 1(a)(i) of Executive Order 14024, a Determination Pursuant to Section 1(a)(ii) of Executive Order 14071, four related Frequently Asked Questions (FAQs) (1083-1086), and five amended FAQs (1033, 1034, 1059, 1061, 1062). This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Cyber-related Designations; Iran-related Designations

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List:  AGHA AHMADI, Mohammad (Arabic: محمد آقااحمدی), Iran; DOB 01 Mar 1995; POB Savojbolagh, Alborz Province, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 4890244441 (Iran) (individual) . AGHA-AHMADI, Ali (Arabic: علی آقااحمدی) (a.k.a. AGHA AHMADI, Ali), Iran; POB Savojbolagh, Alborz Province, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 4899768060 (Iran) (individual) . AHMADI, Mansour (Arabic: منصور احمدی) (a.k.a. AHMADI, Mansur; a.k.a. AKBARI, Masoud; a.k.a. UNSI, Parsa), Iran;...

Publication of Cyber-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing new Cyber-related Frequently Asked Questions (1076-1079). This news item was originally published by the Office of Foreign Assets Control (OFAC US). For more information, please see the Source Link.

Counter Narcotics Designation Update

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following changes have been made to OFAC's SDN List:  FIGUEROA GOMEZ, Hassein Eduardo (a.k.a. FERNANDEZ GOMEZ, Ernesto; a.k.a. FIGUERO GOMEZ, Hassein Eduardo; a.k.a. FIGUEROA, Edward), Las Cortes 2935, Barajas Villasenor, Guadalajara, Jalisco, Mexico; Tlajomulco de Zuniga, Paseo de los Bosquez 115, El Palomar, Jalisco, Mexico; Benito Juarez, Valentin Gomez Farias 120A, Puerto Vallarta, Jalisco, Mexico; Puerta de Hierro 5594, Colonia Puerta de Hierro, Zapopan, Jalisco, Mexico; Donato Guerra 227, Colonia Centro, Guadalajara, Jalisco, Mexico; San Aristeo 2323, Colonia Popular, Guadalajara, Jalisco, Mexico; Acueducto 2200, Casa 2, Zapopan, Jalisco, Mexico; Avenida Pinos 330-2, Zapopan, Jalisco, Mexico;...

Cyber-related Designations; Iran-related Designation and Designation Update

SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individual has been added to OFAC's SDN List: KHATIB, Esmail (Arabic: اسماعیل خطیب) (a.k.a. KHATIB, Seyed Esmaeil (Arabic: سید اسماعیل خطیب)), Iran; DOB 1960 to 1961; POB Ghayenat, South Khorasan Province, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male (individual) (Linked To: IRANIAN MINISTRY OF INTELLIGENCE AND SECURITY). The following changes have been made to OFAC's SDN List: IRANIAN MINISTRY OF INTELLIGENCE AND SECURITY (a.k.a. VEZARAT-E ETTELA'AT VA AMNIAT-E KESHVAR; a.k.a. "MOIS"; a.k.a. "VEVAK"), bounded roughly by Sanati Street on the west, 30th Street on the south, and Iraqi...

Regulator Information

Abbreviation: OFAC
Jurisdiction: United States

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