Export Compliance Daily is providing readers with some of the top stories for July 27-31 in case you missed them.
OFAC sanction activity
The U.S. on July 31 sanctioned a Chinese state-controlled organization and two Chinese officials for human rights violations in Xinjiang. The sanctions target the Xinjiang Production and Construction Corps, former XPCC Party Secretary Sun Jinlong and XPCC Deputy Party Secretary Peng Jiarui.
The Office of Foreign Assets Control revised an entry under its Cuba sanctions regime, a July 30 notice said. The revision changes the entry for Havana International Bank to Havin Bank Limited to reflect a name change.
The Treasury and State departments on July 29 sanctioned four people and 10 entities for contributing to the conflict in Syria and for supporting the Syria regime through the construction of luxury real estate. The Treasury’s Office of Foreign Assets Control sanctioned a Syrian businessman and nine entities, while State designated four people and one entity.
The Office of Foreign Assets Control sanctioned two “financial facilitators” for the Islamic State of Iraq and Syria for helping to fund terrorism, OFAC said July 28. The designations target Faruq Hamud in Syria and ‘Adnan Amin Muhammad al-Rawi in Turkey.
Export Compliance Daily is providing readers with some of the top stories for July 20-24 in case you missed them.
A Pennsylvania cookware coating manufacturer was fined about $824,000 after its foreign subsidiaries violated U.S. sanctions against Iran, the Office of Foreign Assets Control said in a July 28 notice. OFAC said Whitford Worldwide Company subsidiaries in Italy and Turkey illegally exported coatings to Iran, and U.S. company employees oversaw the transactions.
The Office of Foreign Assets Control sanctioned two associates of the Nicolas Maduro family for supporting corruption, the agency said July 23. OFAC designated brothers Santiago Jose Moron Hernandez and Ricardo Jose Moron Hernandez, who are “trusted partners” of Maduro and his son and who help “distribute assets” for the Maduro family around the world. Both brothers also use companies to conduct transactions on behalf of the Maduro family, OFAC said.
The Office of Foreign Assets Control created a resource page for information on Hong Kong-related sanctions. The page includes links to frequently asked questions, guidance on U.S. sanctions and restrictions on Hong Kong, applying for a Hong Kong-specific license and more. President Donald Trump recently issued an executive order ending preferential treatment for Hong Kong and detailing a range of sanctions authorities and export bans related to the region (see 2007150019).
Export Compliance Daily is providing readers with some of the top stories for July 13-17 in case you missed them.