The Office of Foreign Assets Control sanctioned three Chinese nationals for their ties to a “residential proxy botnet” called 911 S5 that allows hackers to hide their locations and evade fraud detection systems. The designations target Yunhe Wang, Jingping Liu and Yanni Zheng along with Spicy Code Company Limited, a company used by Wang to buy real estate, and Tulip Biz Pattaya Group Company Limited and Lily Suites Company Limited, other companies owned by Wang.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
The Office of Foreign Assets Control revised its Cuba sanctions this week to loosen restrictions on a range of activities and transactions, including for certain financial and internet services. Some changes will allow certain Cuban nationals to open and remotely use U.S. bank accounts and will authorize certain Cuba-related remittances and payments that were restricted by the Trump administration.
The Office of Foreign Assets Control deleted two aircraft from its Specially Designated Nationals List that were originally added for their ties to designated Iranian airlines Mahan Air and Pouya Air. One removed plane has aircraft registration number EP-MND (linked to Mahan air), the other is EP-GOM (linked to Pouya Air). The agency didn't release more information.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
A Virginia-based technology company said it received warning letters from both the Bureau of Industry and Security and the Office of Foreign Assets Control after disclosing possible Russia-related sanctions violations to both agencies last year.
The Office of Foreign Assets Control issued a technical notice to users of its new Sanctions List Service (see 2405060043) of a possible error involving old URLs of the agency’s sanctions data files. OFAC said it has received reports that “users with automated processes designed to download sanctions data files at” certain old URLs are receiving "403 errors" when trying to access the SLS hosted files.
The Office of Foreign Assets Control this week sanctioned two people and three entities in Russia for helping to transfer weapons and other military items from North Korea, including shipments of mortars, military communications equipment and aviation parts.
The Office of Foreign Assets Control this week sanctioned two people and three entities in Russia for helping to transfer weapons and other military items from North Korea, including shipments of mortars, military communications equipment and aviation parts.
The Office of Foreign Assets Control is updating the scope of an Iran-related general license to limit the computing power threshold for laptops, tablets and other personal computing devices that can be exported or reexported to Iran. The agency also revised its Iranian Transactions and Sanctions Regulations to make “additional conforming changes.”