The Office of Foreign Assets Control is publishing the names of two individuals in Peru and Mexico whose property and interests in property have been unblocked pursuant to the Foreign Narcotics Kingpin Designation Act, effective June 10, 2010.
The Office of Foreign Assets Control has targeted a financial network of the 48th Front, a part of the Fuerzas Armadas Revolucionarias de Colombia (FARC), pursuant to the Foreign Narcotics Kingpin Designation Act, which prohibits U.S. persons from conducting financial or commercial transactions with these individuals and entities, and freezes any assets they may have under U.S. jurisdiction.
The Office of Foreign Assets Control has issued a final rule, effective June 16, 2010, which amends the Iranian Transactions Regulations to expand the scope of persons determined to be the Government of Iran in Appendix A to 31 CFR Part 560, and adds to the appendix 22 persons, among other things. The Treasury Department also announced new ITR designations, available here.
The Office of Foreign Assets Control is publishing the names of 2 individuals and 2 entities in Mexico whose property and interests in property have been blocked pursuant to the Foreign Narcotics Kingpin Designation Act, effective June 9, 2010.
The Office of Foreign Assets Control is publishing the names of five individuals in Colombia and Ecuador whose property and interests in property have been unblocked pursuant to Executive Order 12978, "Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers," effective June 10, 2010.
On June 9, 2010, the Treasury Department’s Office of Foreign Assets Control (OFAC) designated two individuals and two entities linked to the international drug trafficking organization La Familia Michoacana as Specially Designated Narcotics Traffickers (SDNTs).
On June 8, 2010, the Bureau of Industry and Security’s Regulations and Procedures Technical Advisory Committee met to discuss a variety of export-related issues, including:
The Office of Foreign Assets Control has issued its civil penalties enforcement information for June 3, 2010. KLM Cargo was assessed $5,336.26 for violating the Sudanese Sanctions Regulations.
The Office of Foreign Assets Control is publishing the names of three individuals in Colombia whose property and interests in property have been unblocked pursuant to Executive Order 12978, "Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers," effective May 21, 2010.
The Office of Foreign Assets Control is publishing the name of two individuals in Mexico whose property and interests in property have been unblocked pursuant to the Foreign Narcotics Kingpin Designation Act, effective May 21, 2010.