Treasury Blocks Money Exchange, Affiliated Individuals, Entities Under Kingpin Act
The Treasury Department has designated the New Ansari Money Exchange, a major money laundering vehicle for Afghan narcotics trafficking organizations, along with 15 affiliated individuals and entities under the Foreign Narcotics Kingpin Designation Act. U.S. persons are prohibited from conducting…
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financial or commercial transactions with these individuals and entities, and any assets the designees may have under U.S. jurisdiction are frozen. The Office of Foreign Assets Control has also updated its Specially Designated Nationals list to include these designations.