Airbnb settles with OFAC over Cuba sanctions violations
The internet-based hosting provider voluntarily self-disclosed Cuba sanctions violations and settled for a fraction of the calculated penalty.
Deutsche Bank hit with administrative fine by Bafin.
German federal financial watchdog BaFin fines Deutsche Bank for failing to implement controls described in the regulation for the Euro Interbank Offered Rate benchmark EURIBOR.
The Treasury grants General Licenses to facilitate the flow of humanitarian assistance to Afghanistan.
The Treasury’s Office of Foreign Assets Control (OFAC) issued three General Licences to facilitate the provision of humanitarian assistance to Afghanistan and released a Fact Sheet that provides guidance into the authorizations.
The Treasury sanctions individuals and companies forming the al-Qa’ida support network in Brazil.
The U.S. Treasury sanctioned individuals and entities forming the terrorist group al-Qa’ida’s support network in Brazil.
UPC militia leader Ali Darassa designated for atrocities, human rights abuse in Central African Republic
OFAC has designated the leader of the Central African Republic armed group UFC for “brutal atrocities against civilians”.
UK Government updating export control regime, announces new criteria
Published following a review of the country’s export control regime, the UK Government announced a pack of measures that represent significant amendments made to the licensing criteria for export controls.
The Treasury levies sanctions on drug trade, producers of anabolic steroids in China
resident Biden has signed a new Executive Order to impose sanctions on of illicit drug traffickers in four countries. The designations include Chinese entities that ship precursor chemicals and anabolic steroids in additiion to cartels and crime groups.
OFAC sanctions targeting Human Rights abuse in PRC, DPRK, Bangladesh marked the International Human Rights Day
On December 10, the International Human Rights Day, the U.S. Dept of Treasury’s Office of Foreign Assets Control (OFAC) designated 15 individuals and 10 entities in DPRK, PRC, Burma and Bangladesh involved in human rights violations and exploitation of surveillance technologies, targeting those “who abuse the power of the state to inflict suffering and repression”
Treasury sanctions Dan Gertler associate & companies linked to corruption in the DRC
The Treasury targets corruption in the Democratic Republic of the Congo. Supporter and associate of mining magnate designated along with 12 entities.
Australia now has a Magnitsky-style thematic sanctions regime.
The amended act provides a framework for Australia to impose a thematic sanctions regime and targeted measures addressing specific issues.