Monthly Archives: February 2014

02.28.14
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Swiss temporarily sanction 20 from Ukraine

On Wednesday, SECO sanctioned the following 20 people from Ukraine through today:

Serhiy Hennadiyovych ARBUZOV, geboren am 24. März 1976,
ehemaliger Premierminister

Mykola (Nikolai) Yanovych AZAROV (geboren als Nikolai Yanovich Pakhlo),
geboren am 17. Dezember 1947, Premierminister bis Januar 2014

Raisa Vasylivna BOHATYROVA (BOGATYROVA),
geboren am 6. Januar 1953, ehemalige Gesundheitsministerin

Mykhaylo (Mikhail) Markovych DOBKIN, geboren am 26. Januar 1970,
Gouverneur der Privonz Kharkiv (Charkow), Gründer der ukrainischen Front

Yuriy IVANYUSHCHENKO, geboren am 21. Februar 1959,
Mitglied des Parlaments, enger Vertrauter von Viktor Yanukovych

Hennadiy Adolfovych KERNES, geboren am 27. Juni 1959,
Bürgermeister von Kharkiv (Charkow)

Oleksander Viktorovych KLYMENKO, geboren am 16. November 1980,
ehemaliger Minister für Einnahmen und Steuern

Andriy Petrovych KLYUYEV (Andrey KLUEV/KLYUEV), geboren am 12. August 1964, ehemaliger Chef der Präsidialabteilung

Serhiy Petrovych KLYUYEV (KLUEV/KLYUEV), geboren am 12. August 1969, Geschäftsmann, Bruder von Andriy Klyuye

Borys Viktorovych KOLESNIKOV, geboren am 25. Oktober 1962, ehemaliger
Infrastrukturminister zur Zeit der Fussballeuropameisterschaft EURO 2012

Yuriy Volodymyrovych KOLOBOV, geboren am 8. April 1973,
ehemaliger Finanzminister

Volodymyr Vasylovych KOZAK, geboren am 9. August 1959,
ehemaliger Minister für Infrastruktur

Olena Leonidivna LUKASH, geboren am 12. November 1976,
ehemalige Justizministerin

Mykola Volodymyrovych PRYSYAZHNYUK, geboren am 3. Januar 1960,
ehemaliger Minister für Agrarpolitik und Nahrungsmittelindustrie

Viktor Pavlovych PSHONKA, geboren am 6. Februar 1954,
ehemaliger Generalstaatsanwalt

Eduard Anatoliyovych STAVYTSKY, geboren am 4. Oktober 1972,
ehemaliger Minister für Energiewirtschaft und Kohleindustrie

Oleksandr (Aleksandr) Viktorovych YANUKOVYCH, geboren am 1. Juli 1973,
Sohn des ehemaligen Präsidenten, Geschäftsmann

Viktor Fedorovych YANUKOVYCH, geboren am 9. Juli 1950,
ehemaliger Präsident

Oleksandr (Aleksandr) Serhiyovych YEFREMOV, geboren am 22. August 1954,
Fraktionschef der Partei der Regionen

Vitaly Yuriyovych ZAKHARCHENKO, geboren am 20. Januar 1963,
ehemaliger Innenminister

The regulation below is in German – if I find anything interesting in the translation, I'll post it at a later date.

Link:

SECO regulation

 

02.28.14
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New Page added: 3rd Party Thought Leadership

I'll use this for all on-topic opinion pieces, other than my own. So, this will include whitepapers, but not marketing sell-sheets – just to keep this site vendor-agnostic.

FIrst up: an article from Thomson Reuters' Windel Anne B. Lacson on the TRA (Iran Threat Reduction and Syria Human Rights Act).

And, once I get a copy, I'll put up a whitepaper I put together for Accuity on Export Control screening.

02.28.14
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Homg Kong Monetary Authority Issues Multiple Updates

They're all published on the EGazette site – these include updates to the UN Afghanistan, Liberia, North Korea and terror sanctions, as well as the US terror sanctions under Executive Order 13224. The truly informative part is the guidance at the bottom of the notice:

AIs are reminded that in accordance with the provisions of Chapter 6 of the Guideline on
Anti-Money Laundering and Counter-Terrorist Financing, they should maintain a
database of individuals and entities designated under the United Nations (Anti-Terrorism
Measures) Ordinance, United Nations Sanctions Ordinance and US Executive Order
13224 for client and transaction screening purposes.

The HKMA expects all new designations to be screened against an AI’s client list as soon
as practicable after the issuing of a circular by the HKMA.

Any transactions or relations, past or present, with any designated individual or entity
should be reported to the Joint Financial Intelligence Unit and the HKMA.

Link:

HKMA Notice

 

02.28.14
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February 28: Events Calendar updates

Hi, everyone –

Two important sets of updates:

  • A couple of the upcoming conferences that didn't have links (the AML conference in Panama City and the export control one in London) now do.
  • I've added two upcoming vendor conferences – a GRC conference in Nairobi and an AML conference in Riyadh – to the calendar

 

When a conference is provided by a solutions provider (as opposed to a professional or educational organization), I will now include the vendor name in parentheses.

 

The two vendor conferences are being run by Thomson Reuters, one of my firm's competitors. As far as Mr. Watchlist is concered, I don't have a problem listing them as long as their provenance is clearly listed.

02.28.14
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February 27, 2014: New Slew of OFAC Kingpins added

On Thursday, under the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”), OFAC added the following persons:

AMARILLAS LOPEZ, Gabriela, Av. de la Mancha # 738 A, Col. Lomas de Zapopan, Zapopan, Jalisco 45130, Mexico; Av. Rio Choix 824, Culiacan, Sinaloa, Mexico; DOB 21 Sep 1979; POB Culiacan, Sinaloa, Mexico; C.U.R.P. AALG790921MSLMPB09 (Mexico) (individual) [SDNTK] (Linked To: CASA DE EMPENO GUADALAJARA, S.A. DE C.V.).
CUELLAR HURTADO, Hugo, Av. Artesanos 1498, Colonia Oblatos, Zapopan, Jalisco, Mexico; Calle Paseo de la Pradera 23, Fraccionamiento Royal Country, Zapopan, Jalisco, Mexico; Kr 76 173 45 In 4, Bogota, Colombia; Trv 176 N 56 25, Bogota, Colombia; DOB 18 May 1947; POB Florencia, Caqueta, Colombia; Cedula No. 17622278 (Colombia); C.U.R.P. CUHH470518HNELRG00 (Mexico) (individual) [SDNTK] (Linked To: AGRICOLA Y GANADERA CUEMIR, S.P.R. DE R.I.; Linked To: AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C.; Linked To: COMPANIA AGRO COMERCIAL CUETA S. EN C.; Linked To: COOPERATIVA AVESTRUZ CUEMIR, S.C. DE R.L. DE C.V.; Linked To: INVERSIONES HUNEL LTDA.; Linked To: CASA COMERCIAL UNI QUINCE COMPRAVENTA).
CUELLAR SILVA, Jenny Johanna, Avenida Mexico 3335, Vallarta San Jorge, Guadalajara, Jalisco 44690, Mexico; Clle 57 N 24 72, Bogota, Colombia; Cometa # 2910, Col. Jardines del Bosque, Guadalajara, Jalisco 44520, Mexico; Prados de los Lirios # 4142, Casa 6, Col. Prados Tepeyac, Zapopan, Jalisco 45050, Mexico; DOB 11 Jul 1980; POB Florencia, Caqueta, Colombia; Cedula No. 52708729 (Colombia) (individual) [SDNTK] (Linked To: AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C.; Linked To: COMPANIA AGRO COMERCIAL CUETA S. EN C.; Linked To: INVERSIONES HUNEL LTDA.; Linked To: PRENDA TODO, S.A. DE C.V.).
CUELLAR SILVA, John Fredy, Calle Paseo Royal Country 5598-23, Fraccionamiento Royal Country, Zapopan, Jalisco, Mexico; Lopez Cotilla 100 Centro, Guadalajara, Jalisco C.P. 44100, Mexico; DOB 17 May 1976; POB Florencia, Caqueta, Colombia; Cedula No. 79904164 (Colombia); R.F.C. CUSJ760517HNE (Mexico) (individual) [SDNTK] (Linked To: AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C.; Linked To: COMPANIA AGRO COMERCIAL CUETA S. EN C.; Linked To: INVERSIONES HUNEL LTDA.; Linked To: CASA COMERCIAL ORO RAPIDO; Linked To: CASA DE EMPENO GUADALAJARA, S.A. DE C.V.; Linked To: PRENDA TODO, S.A. DE C.V.).
CUELLAR SILVA, Victor Hugo; DOB 18 Oct 1985; POB Bogota, Colombia; Cedula No.1032359750 (Colombia) (individual) [SDNTK] (Linked To: AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C.; Linked To: COMPANIA AGRO COMERCIAL CUETA S. EN C.; Linked To: INVERSIONES HUNEL LTDA.; Linked To: HOTEL PARAISO RESORT EN ARRENDAMIENTO; Linked To: PRENDA TODO, S.A. DE C.V.).
MIRAMONTES GUTIERREZ, Ofelia Margarita, Calle Paseo del Ocelote 161, Fraccionamiento Bugambilias, Zapopan, Jalisco, Mexico; DOB 24 Apr 1968; POB Guadalajara, Jalisco, Mexico; C.U.R.P. MIGO680424MJCRTF03 (Mexico) (individual) [SDNTK] (Linked To: AGRICOLA Y GANADERA CUEMIR, S.P.R. DE R.I.; Linked To: COOPERATIVA AVESTRUZ CUEMIR, S.C. DE R.L. DE C.V.).
VARGAS NUNEZ, Lucy Amparo (a.k.a. VARGAS DE CUADROS, Lucy Amparo), Kra 3 N 2B-22, Barrio Los Amigos, El Colegio, Cundinamarca, Colombia; DOB 26 Mar 1958; POB San Pedro, Valle, Colombia; Cedula No. 38858512 (Colombia) (individual) [SDNTK] (Linked To: AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C.; Linked To: COMPANIA AGRO COMERCIAL CUETA S. EN C.; Linked To: INVERSIONES HUNEL LTDA.).

 

and entities:

AGRICOLA Y GANADERA CUEMIR, S.P.R. DE R.I. (a.k.a. RANCHO LA HERRADURA CUEMIR), Av. Prolongacion Vallarta No. 600, Zona Centro, Tlajomulco de Zuniga, Jalisco C.P. 45640, Mexico; Folio Mercantil No. 17919-1 (Mexico) [SDNTK].
AGRO Y COMERCIO DE SANTA BARBARA LAGROMER S. EN C., Cl 57 No. 24-72 Of 102 P 2, Bogota, Colombia; NIT # 800016670-7 (Colombia) [SDNTK].
CASA COMERCIAL ORO RAPIDO, Cra. 11 # 13-28, Girardot, Cundinamarca, Colombia; Matricula Mercantil No 19022 (Colombia) [SDNTK].
CASA COMERCIAL UNI QUINCE COMPRAVENTA, Av. 15 No. 124-09 LC 102, Bogota, Colombia; Matricula Mercantil No 00666561 (Colombia) [SDNTK].
CASA DE EMPENO GUADALAJARA, S.A. DE C.V. (a.k.a. EMPENOS PRESTAFACIL), Av. Lopez Cotilla No. 100, Col. Centro, Guadalajara, Jalisco C.P. 44100, Mexico; Av. De La Mancha No. 738, Col. Lomas de Zapopan, Zapopan, Jalisco C.P. 45130, Mexico; R.F.C. CEG-000629-9H7 (Mexico); Folio Mercantil No. 4243-1 (Mexico) [SDNTK].
COMPANIA AGRO COMERCIAL CUETA S. EN C., Cl 57 No. 24-72 Local 102, Bogota, Colombia; NIT # 800007394-0 (Colombia) [SDNTK].
COOPERATIVA AVESTRUZ CUEMIR, S.C. DE R.L. DE C.V., Av. Prolongacion Vallarta No. 600 A, Zona Centro, Tlajomulco de Zuniga, Jalisco C.P. 45640, Mexico; Folio Mercantil No. 42877-1 (Mexico) [SDNTK].
HOTEL PARAISO RESORT EN ARRENDAMIENTO, Calle 3 No. 1-33/17, Rivera, Huila, Colombia; Matricula Mercantil No 0000104026 (Colombia) [SDNTK].
INVERSIONES HUNEL LTDA., Cl 57 No. 24-72, Bogota, Colombia; NIT # 800223039-6(Colombia) [SDNTK].

PRENDA TODO, S.A. DE C.V. (a.k.a. CASA DE EMPENO PRENDA TODO), Andador Medrano 2845, Guadalajara Centro, Guadalajara, Jalisco 44100, Mexico; Medrano # 2845, Col. San Andres, Guadalajara, Jalisco C.P. 44410, Mexico; Zacarias Rubio No. 1609, San Miguel de Huentitan El Alto, Guadalajara, Jalisco 44780, Mexico; R.F.C. PTO000504DM5 (Mexico); Folio Mercantil No. 4495-1 (Mexico) [SDNTK].

to the Specially-Designated Nationals (SDN) List.

Link:

OFAC Notice

 

02.28.14
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February 27, 2014: OSFI issues updated guidance on FATF and CFATF designations

Some excerpts:

In order to protect the international financial system from money laundering and terrorist financing risks, the FATF issued statements on February 14, 2014. Links to the full texts of these statements can be found at http://www.fatf-gafi.org. The following is a summary of the statements and OSFI’s expectations with respect to them:

Islamic Republic of Iran

…OSFI is again reminding all FRFIs of the risk of doing business with individuals and entities based in or connected to Iran, including the risk of correspondent relationships being used to bypass or evade counter-measures and risk mitigation practices. OSFI requests that FRFIs that are subject to the requirements of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act continue totake the following measures:

    • Classify clients, banks and other financial institutions based in or connected to Iran as high risk;
    • Apply enhanced customer due diligence measures with respect to such clients and entities; and
    • Take the FATF’s concerns into account when deciding whether to file a suspicious transaction report in respect of financial transactions emanating from, or destined to Iran.

Additionally, OSFI requests that FRFIs: review their internal processes relating to relationship management of such clients and beneficiaries in order to ensure that prescribed sanctions against Iran (see below) are implemented effectively; continue to treat all other clients, banks and other financial institutions based in or connected to Iran as high risk; and have processes in place to escalate the relationship to more senior levels of management under appropriate circumstances.

Democratic People's Republic of Korea (DPRK)

…OSFI is again reminding all FRFIs of the risk of doing business with individuals and entities based in or connected to the DPRK, including the risk of correspondent relationships being used to bypass or evade counter-measures and risk mitigation practices. …

Countries Representing a Risk Arising from Deficiencies

The FATF has determined that the following countries remain out of compliance with their action plans previously agreed with the FATF to address identified strategic deficiencies: Algeria, Burma (Myanmar), Ecuador, Ethiopia, Indonesia, Pakistan, Syria, Turkey, and Yemen.

Accordingly, OSFI expects FRFIs to consider as high the risks associated with financial transactions emanating from, destined to or connected to these countries.

FRFIs are reminded about the sanctions imposed on Burma and Syria by Canada. Please refer to the previous Notices on these sanctions for more detailed information.

Other Countries

The following countries have developed action plans with the FATF to address identified deficiencies and are demonstrating progress with the execution of those plans: Afghanistan*, Albania, Angola, Argentina, Cambodia*, Cuba, Iraq, Kenya, Kuwait, Kyrgyzstan, Lao People's Democratic Republic, Mongolia, Namibia, Nepal, Nicaragua, Papua New Guinea, Sudan, Tajikistan, Tanzania, Uganda and Zimbabwe (note).

Note: FRFIs are reminded about the sanctions imposed on Zimbabwe by Canada. Please refer to the previous Notice on these sanctions for more detailed information.

*The FATF is not yet satisfied that Afghanistan and Cambodia are making sufficient progress on their action plans agreed with the FATF. If Afghanistan and Cambodia do not take sufficient action to implement significant components of their action plan by June 2014, the FATF will identify Afghanistan and Cambodia as being out of compliance with their action plans, and will take the additional step of calling upon FATF members to consider the risks arising from the deficiencies associated with Afghanistan and Cambodia.

Accordingly, OSFI expects that FRFIs will take these deficiencies into account as appropriate when transacting business emanating from, destined to, or connected to these countries. More detailed information on the strategic deficiencies is contained in the FATF statement.

Jurisdictions no longer subject to FATF monitoring

Please note that Antigua and Barbuda, Bangladesh and Vietnam have met their commitments to remedy strategic AML/ATF deficiencies that the FATF had previously identified, and are no longer subject to the FATF’s monitoring process.

The Caribbean Financial Action Task Force (CFATF)

CFATF has a similar but separate process of identifying jurisdictions in the Caribbean area with strategic deficiencies that pose a risk to the international financial system, as defined by CFATF. Currently, two jurisdictions have been identified by CFATF as posing a risk: Belize and Guyana. More information can be found in the CFATF public statement on their web site at https://www.cfatf-gafic.org/

Accordingly, OSFI expects that FRFIs will take these deficiencies into account as appropriate when transacting business emanating from, destined to, or connected to these countries.

Canada is a founding member of the FATF and strongly supports its international standards for combating money laundering and terrorist financing.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has also issued an Advisory, which can be viewed at http://www.fintrac.gc.ca/

If you have questions on any of the matters outlined in this Notice, please e-mail information@osfi-bsif.gc.ca

Link:

OSFI Notice

 

02.28.14
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February 27, 2014: EU, HMT removes 11 from Iranian nuclear non-proliferation sanctions

On Thursday, Her Majesty's Treasury, because of a judgment of the General Court of the European Union, removed the following persons from its Iranian sanctions:

  1. ESLAMI, Mansour (Group ID: 12280)

  2. FARD, Mohammad, Moghaddami (Group ID: 12282)

  3. GHEZELAYAGH, Alireza (Group ID: 12283)

  4. GOLPARVAR, Gholam, Hossein (Group ID: 12284)

  5. NABIPOUR, Ghasem (Group ID: 12278)

  6. PAJAND, Mohammad, Hadi (Group ID: 12286)

  7. SADAT RASOOL, Seyed, Alaeddin (Group ID: 12288)

  8. SARKANDI, Ahmad (Group ID: 12287)

  9. TAFAZOLY, Ahmad (Group ID: 12289)

  10. TALAI, Mahamad (Group ID: 12281)

  11. ZADEH, Hassan, Jalil (Group ID: 12285)

Here's some of the legal history:

On 8 February 2014 a judgment of the General Court of the European Union of 12
December 2013 in regard to Nabipour and others v Council (Case T-58/12) (“the
Judgment”) was published in the Official Journal of the European Union (O.J. C 39,
8.2.2014, p.16)

The judgment annulled Council Regulation (EU) No. 267/2012 and Council Decision
2010/413/CFSP insofar as it concerned the applicants.

The judgment was not appealed within 2 months and 10 days of 12 December 2013
and so it has now come into force.

As a consequence of the judgment the applicants are no longer subject to the asset
freeze imposed by Council Regulation (EU) No. 267/2012.

Links:

HMT Notice

General Court of the European Union judgment