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Sanctions This Week: April 4th-10th, 2016

OSFI

There were no updates released from OSFI this week.

Go to the OSFI lists page.

OFAC

The U.S. Department of Treasury’s Branch, The Office of Foreign Asset Control (OFAC), released two updates to four sanction lists last week.  The lists that were updated include the following:

  • Counter Narcotics Designations;
  • Iraq-related Designations;
  • South Sudan Designations; and
  • Counter Terrorism designations.

OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals.  The sanctions target countries, regimes, terrorists, international narcotics traffickers, the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the U.S.  The changes to the Counter Narcotics list included the removal of Caesar’s Park Hotel in Lebanon, and updates to numerous related entities and individuals.

See the Counter Narcotics, Iraq-related and South Sudan Designation updates on OFAC’s website.

See the Counter Terrorism update on OFAC’s website.

See OFAC’s recent actions page.

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