The Office of Foreign Assets Control is publishing the name of an individual, Ali, Ali Abdul Mutalib of Germany, whose property and interests in property have been unblocked pursuant to Executive Order 13315 of August 28, 2003, "Blocking Property of the Former Iraqi Regime, Its Senior Officials and Their Family Members, and Taking Certain Other Actions," as amended by EO 13350. The removal from the SDN List is effective September 1, 2011.
The Office of Foreign Assets Control has updated its Specially Designated Nationals list to add three senior Al-Qa'ida leaders based in Pakistan. The assets of Abu Yahya Al-Libi, Mustafa Hajji Muhammad Khan, and 'Abd al-Rahman Ould Muhommad al-Husayn Ould Muhammad Salim are now blocked and U.S. persons are generally prohibited from dealing with them. Treasury Department notice on EO 13224 sanctions available here. Federal Register publications (FR 09/26/11) available here.
The Office of Foreign Asset Controls has issued four notices in the September 6, 2011 edition of the Federal Register on actions it has taken pursuant to Executive Order 13382 related to the Islamic Republic of Iran Shipping Lines (IRISL). Actions include the publication and removal of vessels identified as blocked property, updating the entries on OFAC's list of Specially Designated Nationals (SDN) of already-blocked vessels to identify new names and/or other information, and updating information of entities affiliated with IRISL.
The Office of Foreign Assets Control has deleted an individual Ali Abdul Mutalib Ali (Germany) from its Specially Designated Nationals list. In addition, the entry for the organized crime syndicate Yakuza (a.k.a. Boryokudan, a.k.a Gokudo), present in numerous countries, has being changed.
The Office of Foreign Assets Control has updated its Specially Designated Nationals list to add the following three Syrians: (1) Walid Al-Moallem, (2) Ali Abdul Karim Ali, and (3) Bouthaina Shaaban. According to the Treasury Department, these individuals are Syrian government officials.
On August 25, 2011, the Treasury Department announced that JPMorgan Chase Bank, N.A of New York has agreed to remit $88,300,000 to settle potential civil liability for apparent violations of several sanctions regulations over a six year period.
The Office of Foreign Assets Control states that it received a total of 393 applications requesting authorization to export agricultural commodities, medicine, and medical devices to Iran and Sudan under the one-year specific licensing regime of the Trade Sanctions Reform and Export Enhancement Act (TSRA) in the last quarter of fiscal year 2010 (July - September 2010). See notice for further statistics.
The Office of Foreign Assets Control has updated its Specially Designated Nationals list to add the following five Syrian companies: (1) General Petroleum Corporation (aka GPC), New Sham-Building of Syrian Oil Company, P.O. Box 60694, Damascus, Syria; (2) Syrian Company for Oil Transport (aka Syrian Crude Oil Transportation Company; SCOT; SCTRACO), Banias Industrial Area, Latakia Entrance Way, P.O. Box 13, Banias, Syria; (3) Syrian Gas Company, P.O. Box 4499, Homs, Syria; Agricultural Engineering Syndicate Building, Baab Hood Area, Al Arbeen District, Homs, Syria; (4) Syrian Petroleum Company (aka SPC), Dummar Province Expansion Square, Island 19, Building 32, Po Box 3378, Damascus, Syria; Dummar Province Expansion Square, Island 19, Building 32, P.O. Box 2849, Damascus, Syria; Todmar Project, Damascus, Syria; and (5) Sytrol, Prime Minister Building, 17 Street Nissan, Damascus, Syria.
The Office of Foreign Assets Control has issued six general licenses related to the recent Syria Executive Order to authorize (1) certain diplomatic services, (2) legal services, (3) normal bank service charges, (4) exportation and reexportation of items subject to the Export Administration Regulations (EAR) and related services, (5) Internet-based services, and (6) personal remittances.
The Office of Foreign Assets Control is publishing the names of four newly-designated entities whose property and interests in property are blocked pursuant to Executive Order 13405 of June 16, 2006, “Blocking Property of Certain Persons Undermining Democratic Processes or Institutions in Belarus.” On August 11, 2011, OFAC designated (1) the Belshina tire factory; (2) Grodno Azot, which manufactures fertilizer; (3) Grodno Khimvolokno, a fiber manufacturer; and (4) Naftan, a major oil refinery. These four entities have been determined to be owned or controlled by the Belneftekhim conglomerate, an entity already designated under Executive Order 13405.