Counterterrorism Designations; Publication of Updated Syria Shipping Advisory; Publication of Interim Final Rule to Extend Recordkeeping Requirements; Publication of Request for Public Comments on Information Collected by OFAC

OFAC RSS Feed 2024-09-11

Summary:

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an update to the March 2019 OFAC Advisory to the Maritime Petroleum Shipping Community to highlight risks associated with shipments to Syria. Amendments to this advisory include updates to certain deceptive shipping practices and risk mitigation measures, along with an updated annex of vessels currently identified as blocked property on OFAC’s SDN List, that have been involved in fuel shipments to Syria. Additionally, OFAC put on public inspection an Interim Final Rule to Extend Recordkeeping Requirements from Five to 10 Years, consistent with the extension of the statute of limitations for violations of certain sanctions administered by OFAC. OFAC also put on public inspection a Comment Request for Reporting, Procedures and Penalties Regulations and Other Information Collections Maintained by OFAC for comments concerning OFAC's information requirements.Lastly, the following changes have been made to OFAC's list of Specially Designated Nationals and Blocked Persons:

Link:

https://ofac.treasury.gov/recent-actions/20240911

From feeds:

Sun War » OFAC RSS Feed

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Date tagged:

09/11/2024, 19:29

Date published:

09/11/2024, 10:30