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Export Compliance Update
The Office of Foreign Assets Control (OFAC) is publishing the names of 9 newly-designated individuals and entities whose property and interests in property are blocked pursuant to Executive Order 12978 of October 21, 1995, "Blocking Assets and Prohibiting Transactions with Significant Narcotics Traffickers." The designation by the Director of OFAC of the 9 individuals and entities identified in this notice pursuant to Executive Order 12978 is effective on August 30, 2007. The list of additional designees is as follows:
1. MEJIA MUNERA, Miguel Angel Melchor; 2. MEJIA MUNERA, Victor Manuel; 3. VANOY MURILLO, Ramiro; 4. ZULUAGA LINDO, Francisco Javier; 5. MORA RICARDO, Daniel Alberto; 6. NOVA CARVAJAL, Mary Luz; 7. CIA COMERCIALIZADORA DE BIENES RAICES LTDA.; 8. SOCIEDAD SUPERDEPORTES LTDA.; 9. ABS HEALTH CLUB SA
The Office of Foreign Assets Control (OFAC) is publishing the names of two individuals whose property and interests in property have been unblocked pursuant to Executive Order 12978 of October 21, 1995, Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers. The unblocking and removal from the list of Specially Designated Narcotics Traffickers of the individuals identified in this notice whose property and interests in property were blocked pursuant to Executive Order 12978. The list of the unblocked individuals follows:
MERCHAN PERILLA
Hilda Nelly
The Office of Foreign Assets Control (OFAC) revised the general license for certain publishing activities contained in the Cuban Assets Control Regulations, Burmese Sanctions Regulations, Sudanese Sanctions Regulations, and Iranian Transactions Regulations. Effective Date: August 30, 2007.
The Office of Foreign Assets Control (OFAC), Department of Treasury announced revisions to their watch list on August 30, 2007. Entities have been added in the notice and information on existing parties on the watch list has been updated with new addresses and branch offices.
DENIED PARTIES SCREENING UPDATE:
The following entities were added to the Denied Persons List. The full list of changes can be accessed at the OCR web site.
Privileges affected: OFAC is revising the general license for certain publishing activities contained in the Iranian Transactions Regulations. (8/30/2007). OFAC is issuing this notice to clarify its policy with respect to the process for issuing one-year licenses to export agricultural commodities, medicine, and medical devices to Iran pursuant to section 906 of the Trade Sanctions Reform and Export Enhancement Act of 2000, Title IX of Public Law 106-387. Unless licensed by OFAC, goods, technology (including technical data or other information subject to Export Administration Regulations), or services may not be exported, re-exported, sold or supplied, directly or indirectly, from the United States or by a U.S. person, wherever located, to Iran or the Government of Iran. The ban on providing services includes any brokering function from the United States or by U.S. persons, wherever located. (Title 31 Part 550); Updates on 69 FR 75468 ; Updates on 72 FR 12980 Effective date: 08/19/97, Expiration date: UNTIL RESCINDED F.R. Date: 08/30/2007, Citation: 69 FR 75468; 72 FR 12980; 72 FR 50047
Privileges affected: OFAC is revising the general license for certain publishing activities contained in the Sudanese Sanctions Regulations. OFAC is issuing this notice to clarify its policy with respect to the process for issuing one-year licenses to export agricultural commodities, medicine, and medical devices to Sudan pursuant to section 906 of the Trade Sanctions Reform and Export Enhancement Act of 2000, Title IX of Public Law 106-387. Amending the Sudanese Sanctions Regulations, (the SSR ). The amendments to the SSR include the issuance of two general licenses, effective June 13, 2005. One general license authorizes the operation of accounts in U.S. financial institutions under certain circumstances for individuals ordinarily resident in Sudan. The other general license authorizes U.S. depository institutions, U.S. registered brokers and dealers in securities, and U.S. registered money transmitters to process transfers of funds constituting noncommercial, personal remittances to or from Sudan or for or on behalf of individuals ordinarily resident in Sudan. Updates on 70 FR 34060 ; Updates on 72 FR 12980; Effective date: 06/09/99, Expiration date: UNTIL RESCINDED F.R. Date: 08/30/2007, Citation: 62 FR 59989; 69 FR 75468; 70 FR 34060; 72 FR 12980; 72 FR 50047
Privileges affected: OFAC is revising the general license for certain publishing activities contained in the Cuban Assets Control Regulations. (8/30/2007). Prohibits U.S. citizen or permanent resident alien, wherever located, and no foreign subsidiary or branch of a U.S. organization to export products, technology, or services to Cuba or to any Cuban national, wherever they may be located, or broker the sale of goods or commodities to or from Cuba or any Cuban national. (Title 31 Part 515); Updates on 69 FR 75468; Effective date: 05/13/99, Expiration date: UNTIL RESCINDED F.R. Date: 08/30/2007, Citation: 64 FR 25808; 69 FR 75468; 72 FR 50047
This newsletter is not intended to provide legal guidance. Adherence to this decision does not relieve the exporter of the statutory responsibilities of complying with the applicable statutes, regulations, policies and procedures of the U.S. Government.
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