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.
The Office of Foreign Assets Control this week sanctioned the Ecuador-based Los Lobos Drug Trafficking Organization and its leader, Wilmer Geovanny Chavarria Barre, for contributing to violence and illegal drug trafficking in the country. The agency said the sanctions build on the February designation of the Los Choneros gang in Ecuador and its leader (see 2402070066).
The Office of Foreign Assets Control this week updated and added to its Syria-related restrictions under several sanctions regimes, including restrictions related to “foreign sanctions evaders.” The agency also added various definitions and a new general license, along with updating other licenses, including changes to a license that authorizes certain legal services.
The House version of the FY 2025 Financial Services and General Government Appropriations Bill could withhold funds the Treasury Department’s Financial Crimes Enforcement Network may need to implement or enforce its new beneficial ownership information (BOI) reporting rule.
The Office of Foreign Assets Control last week sanctioned four Iranian entities and an Iranian aviation industry executive for their ties to the country’s unmanned aerial vehicle program, which has made drones for Russia’s war against Ukraine.