Specially Designated Nationals and Blocked Persons List
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American Shipper
OFAC: Know your equipment lease end-user
The U.S. Treasury Department’s Office of Foreign Assets Control assessed $210,600 civil penalty against Apollo Aviation Group for violating the Sudanese Sanctions Regulations.
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American Shipper
US House lawmakers take aim at Turkey with their own sanctions bill
The PACT Act closely mirrors the unsuccessful Graham-Van Hollen Turkey Sanctions Bill in the Senate.
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American Shipper
Treasury promises ‘transparency’ for humanitarian aid to Iran
“This new humanitarian mechanism will help international companies that seek to engage in permissible humanitarian trade with Iran to ensure that they do not run…
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American Shipper
President Trump lifts sanctions on Turkey
The Trump administration said the Turkish government satisfied the five-day ceasefire commitment in northern Syria.
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American Shipper
OFAC’s ‘50% rule’ challenges compliance
The Office of Foreign Assets Control policy, which focuses on financial ownership of sanctioned individuals or entities, bedevils U.S. companies with sophisticated compliance programs.
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American Shipper
U.S. continues sanctions break for Swedish refiner with Venezuelan ties
The Office of Foreign Assets Control on Oct. 17 extended the general license for Nynas AB that is 50% owned by Venezuela’s state-owned oil company,…
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American Shipper
US sanctions could be lifted if Turkey’s ceasefire holds
Turkey has the next five days to maintain the ceasefire against Syrian and Kurdish forces before the U.S. sanctions are removed.
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American Shipper
GE pays $2.7 million fine for Cuban sanctions violations
The U.S. Treasury Department’s Office of Foreign Assets Control said three GE subsidiaries failed to use “reasonable care” by accepting payments from a Cuban entity…
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American Shipper
US sanctions target Russian jet fuel carrier
The Treasury Department’s Office of Foreign Assets Control identified Moscow-based Maritime Assistance LLC as the head of a “sanctions evasion scheme” to deliver jet fuel…
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American Shipper
US adds sanctions to Venezuelan oil transporters
Four ocean shipping firms and four tankers are added to the Office of Foreign Assets Control’s Specially Designated Nationals List for their roles in supporting…
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