OFAC ADDS NAMES TO SANCTIONS LIST AND PUBLISHES NEW NON-SDN MENU-BASED SANCTIONS LIST

On 14 December, OFAC advised that 4 Turkish nationals had been added to its SDN List.  It also announced the creation of the Non-SDN Menu-Based Sanctions (NS-MBS) List, and added 1 new Turkish entity to that List – the PRESIDENCY OF DEFENSE INDUSTRIES.  The new NS-MBS List is said to identify persons subject to certain non-blocking menu-based sanctions that have been imposed under statutory or other authorities, including certain sanctions described in Section 235 of the Countering America’s Adversaries Through Sanctions Act (CAATSA), as implemented by Executive Order 13849, and the Ukraine Freedom Support Act of 2014, as amended by CAATSA. 

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201214_33

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s