The Treasury Department this week sanctioned eight people with ties to the Mexico-based La Nueva Familia Michoacana drug cartel and issued a new advisory to help banks stop transactions linked to sales of fentanyl and other illegal drugs.
The Office of Foreign Assets Control urged a federal court late last month to dismiss the sole remaining claim in a lawsuit challenging the agency’s sanctioning of two former Afghan government officials for corruption.
The U.S. this week designated people and companies tied to the sanctioned president of the Serb Republic and his family, including businesses they use to generate wealth or evade sanctions, the Office of Foreign Assets Control said. OFAC also issued two new general licenses to authorize certain transactions with the people and companies and updated one existing license.
The Office of Foreign Assets Control this week sanctioned several people and entities, along with one vessel, for helping to procure weapons for the Iran-backed Houthis or for shipping commodities to fund the Yemen-based group. The designations target procurement officers and companies in China along with others in Oman, Cameroon and the United Arab Emirates.
The U.S. government is sanctioning four people with links to the Islamic State of Iraq and Syria (ISIS), including members of an ISIS-linked human smuggling network, the State and Treasury departments announced last week.
The Biden administration announced June 12 that it is taking additional measures to degrade Moscow's war machine, including sanctioning more than 300 entities and people in Russia and other countries and implementing several new export restrictions, including adding five entities and eight addresses to the Entity List.
The Office of Foreign Assets Control this week sanctioned one of Guyana’s wealthiest families, their company, a Guyanese government official and two other other companies for ties to corruption. The sanctions target people and companies that have tried to “exploit Guyana’s underdeveloped gold sector for personal gain,” said Brian Nelson, the Treasury Department’s undersecretary for terrorism and financial intelligence.
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The Office of Foreign Assets Control this week sanctioned shipping companies, shipowners, vessels and others based in China, the United Arab Emirates, India and elsewhere for helping to transport oil and commodities for Sa’id al-Jamal (see 2312280012, 2401120015 and 2403260016), a financial facilitator for the Yemen-based Houthis. OFAC said the network helps to forge shipping documents and hide their cargo origin to evade U.S. sanctions.
The U.S. last week removed sanctions from a Swiss business consultant, his two sons and his companies because they ended their business in Russia, a Treasury Department spokesperson said.