Monday, August 30th
- The week started with the addition of ten individuals to the French list of sanctions targets pursuant to the anti-terrorism regime of the country. (Here)
Tuesday, August 31st - In the UK, both OFSI and FCA issued notices asking for more diligence with respect to transactions related to Afghanistan. (OFSI post, FCA notice)
- No major development on this day.
Thursday, September 2nd
- OFSI added two entities to its list of sanctions targets pursuant to its Myanmar regime. (Here) Interestingly, these two entities used to be U.S. sanction targets pursuant to the former U.S. Burma program which was terminated by E.O. 13742 . (Here)
- OFAC removed four entries from the SDN list and made two modifications to the list. (Here)
Friday, September 3rd
- OFAC added four individuals to the SDN list pursuant to E.O. 13553 (Blocking Property of Certain Persons With Respect to Serious Human Rights Abuses by the Government of Iran and Taking Certain Other Actions). (Here, Department of State's press release)
Recommendations of the week
- If you are a Financial Institution using digital identity in the U.S. you may want to participate in special virtual FinCEN Innovation Hours Program on October 14, 2021, focusing on the important role of digital identity to enhance financial services inclusion while supporting efforts to counter illicit activity that undermine the integrity and opportunity of the US financial system. (Here)
- This one is for sanctions nerds! Steptoe International Compliance blog published an interesting post about the sanctions in the EU and the legal redress available to the targets. (Here)
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