The Treasury and State departments on July 29 sanctioned four people and 10 entities for contributing to the conflict in Syria and for supporting the Syria regime through the construction of luxury real estate. The Treasury’s Office of Foreign Assets Control sanctioned a Syrian businessman and nine entities, while State designated four people and one entity.
The Office of Foreign Assets Control sanctioned two “financial facilitators” for the Islamic State of Iraq and Syria for helping to fund terrorism, OFAC said July 28. The designations target Faruq Hamud in Syria and ‘Adnan Amin Muhammad al-Rawi in Turkey.
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A Pennsylvania cookware coating manufacturer was fined about $824,000 after its foreign subsidiaries violated U.S. sanctions against Iran, the Office of Foreign Assets Control said in a July 28 notice. OFAC said Whitford Worldwide Company subsidiaries in Italy and Turkey illegally exported coatings to Iran, and U.S. company employees oversaw the transactions.
The Office of Foreign Assets Control sanctioned two associates of the Nicolas Maduro family for supporting corruption, the agency said July 23. OFAC designated brothers Santiago Jose Moron Hernandez and Ricardo Jose Moron Hernandez, who are “trusted partners” of Maduro and his son and who help “distribute assets” for the Maduro family around the world. Both brothers also use companies to conduct transactions on behalf of the Maduro family, OFAC said.
The Office of Foreign Assets Control on July 22 revised nine FAQs to reflect changes made to two Ukraine-related general licenses involving Russian automotive conglomerate GAZ Group issued earlier this month (see 2007160044). The FAQs clarify the authorizations in the licenses and update their language to reflect new expiration dates.
The State Department designated Maikel Jose Moreno Perez, president of the Supreme Tribunal of Justice in Venezuela, for alleged involvement in transnational organized crime, the agency said July 21. The State Department also offered up to $5 million for information that leads to Moreno Perez’s arrest or conviction. Moreno Perez, who was sanctioned by the Office of Foreign Assets Control in 2017, has taken bribes to influence decisions of civil and criminal cases in Venezuela, the State Department said.
The Office of Foreign Assets Control created a resource page for information on Hong Kong-related sanctions. The page includes links to frequently asked questions, guidance on U.S. sanctions and restrictions on Hong Kong, applying for a Hong Kong-specific license and more. President Donald Trump recently issued an executive order ending preferential treatment for Hong Kong and detailing a range of sanctions authorities and export bans related to the region (see 2007150019).
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The Office of Foreign Assets Control on July 17 sanctioned four entities and one person for supporting a U.S.-sanctioned Chinese drug trafficking company. OFAC also sanctioned members of Nicaragua President Daniel Ortega’s inner circle and two Nicaraguan companies.