Monday, October 2
This quiet week started with the imposition of asset-freezing sanctions on two individuals by the French government, under its autonomous counter-terrorism sanctions regime. (Here)
Tuesday, October 3
OFAC imposed asset-freezing sanctions on 14 individuals and 14 entities involved with the international proliferation of illicit drugs, including a China-based network responsible for the manufacturing and distribution of ton quantities of fentanyl, methamphetamine, and MDMA precursors under its counter-narcotics sanctions program. The designation package included several digital currency addresses as identifying information. (Here, the Department of the Treasury's press release, and Relevant remarks by Deputy Secretary Adeyemo)
The United States Department of Justice announced two sanctions-related actions:
A resident of California was charged with and pleaded guilty to a violation of the International Emergency Economic Powers Act yesterday in the Northern District of California. The defendant, was a telecommunication consultant who had obtained a specific license to engage in certain Iran-related activities, however, he knowingly exceeded what was authorized. (Press release)
A resident of Orlando, who was the president of Metalhouse LLC, pleaded guilty to engaging in a conspiracy to commit money laundering to promote violations of U.S. sanctions by conducting transactions to acquire over $150 million in metal products from companies owned by Sergey Kurchenko, a sanctioned oligarch. (Press release)
Wednesday, October 4
There was no major sanctions-related development on this day.
Thursday, October 5
OFAC imposed asset-freezing sanctions against one individual and two entities for their roles in undermining the peace, security, and stability of Sudan under the recently issued E.O. 14098. (Here, the Department of the Treasury's press release, and the Department of State's press release)
Friday, October 6
OFSI issued General License INT/2023/3626884 which authorized payments to Companies House in the UK by those designated under the UK's autonomous sanctions. (Here)
BIS added 49 entities, mostly located in China, entities to the Entity List for providing support to Russia’s military and/or defense industrial base. (Here)
Recommendation of the Week
A while ago, the UN Special Rapporteur on the negative impact of unilateral coercive measures on human rights announced today the launch of the Sanctions Research Platform. The platform is a comprehensive online repository of resources and research related to the issue of unilateral sanctions and their impact on human rights. You can find the platform here.