The Office of Foreign Assets Control has released new frequently asked questions and answers regarding its Specially Designated Nationals list screening in order to clarify its policy on weak aliases or AKAs (also known as).
The Office of Foreign Assets Control has updated its Specially Designated Nationals List to include the anti-terrorism designation of Qari Hussain. (See ITT's Online Archives or 01/20/11 news, 11012048, for BP summary of the State Department's designation of Qari Hussain as a Specially Designated Foreign Terrorist.)
The Office of Foreign Assets Control is publishing the name of five individuals whose property and interests in property are blocked pursuant to Executive Order 13396, “Blocking Property of Certain Persons Contributing to the Conflict in Côte d'Ivoire,” including former President Laurent Gbagbo, effective January 6, 2010. (See ITT's Online Archives or 01/06/11 news, 11010648, for previous BP summary of these designations.)
The Office of Foreign Assets Control has designated former Côte d’Ivoire President Laurent Gbagbo, his wife, Simone Gbagbo, and three of Gbagbo’s senior advisors, Desire Tagro, Pascal Affi N’Guessan, and Alcide Ilahiri Djedje, pursuant to Executive Order 13396. As a result, U.S. persons are prohibited from conducting financial or commercial transactions with the designated individuals, and any assets of the designees within U.S. jurisdiction are frozen. OFAC has also updated its Specially Designated Nationals list to include these designations.
The Office of Foreign Assets Control is publishing the names of ten individuals whose property and interests in property have been unblocked pursuant to Executive Order 13288 of March 6, 2003, “Blocking Property of Persons Undermining Democratic Processes or Institutions in Zimbabwe,” as amended by Executive Order 13391 of November 22, 2005, “Blocking Property of Additional Persons Undermining Democratic Processes or Institutions in Zimbabwe," effective December 21, 2010.
The Office of Foreign Assets Control is publishing the name of one newly-designated individual, Zimbabwe's Attorney General, whose property and interests in property are blocked pursuant to Executive Order 13469 of July 25, 2008 “Blocking Property of Additional Persons Undermining Democratic Processes or Institutions in Zimbabwe,” effective December 21, 2010. (See ITT's Online Archives or 12/23/10 news, 10122318, for previous BP summary of this designation.)
The Office of Foreign Assets Control is publishing the name of one newly-designated entity, Liner Transport Kish whose property and interests in property are blocked pursuant to Executive Order 13224, “Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism,” effective December 21, 2010, for its affiliation with the Islamic Revolutionary Guard Corps (IRGC). (See ITT's Online Archives or 12/23/10 news, 10122310, for previous BP summary of this designation.)
The Office of Foreign Assets Control has placed sanctions on four top Islamic Republic of Iran Shipping Lines executives and eight front companies located on the Isle of Man for supporting Iran's weapons of mass destruction program and carrying military cargoes.
The Office of Foreign Assets Control has issued a General License No. 2 under the Weapons of Mass Destruction Proliferators Sanctions Regulations, which authorizes certain previously blocked transactions related to the arrest, detention, and judicial sale of the MV Dandle and MV Decretive, vessels currently under arrest in Malta and Hong Kong, respectively.
The Office of Foreign Assets Control has released new civil penalties and enforcement information as follows: