Mr. Watchlist’s DesigNation: Recent Episodes
Eric A. Sohn
The home for financial crime analysis and commentary. Mostly focused on economic sanctions, with anti-money laundering, export control and anti-bribery and corruption sprinkled in from time to time - it’s 15 minutes or less of your day to get a fresh perspective on current events and how they impact the bigger picture in business (and geopolitics, too!).
If you hunger for even more news about financial crime, you can always come over to MrWatchlist.com - I’d love to see you there!
Album art by Em Sohn (my youngest) - see https://www.sohnillustration.com/
Episode 46 (“Third Time’s the Charm”) Show Notes
OFAC Chinese Military Companies Sanction Page
https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/chinese-military-companies-sanctions
Executive Order 13959
https://home.treasury.gov/system/files/126/13959.pdf
Executive Order 13974
https://home.treasury.gov/system/files/126/13974.pdf
Executive Order 14032
https://home.treasury.gov/system/files/126/14032.pdf
Non-SDN Chinese Military Industrial Complex Companies (NS-CMIC) List Page
https://home.treasury.gov/policy-issues/financial-sanctions/consolidated-sanctions-list/ns-cmic-list
Episode 45 (“OFAC Gets an E for … Egregious?”) Show Notes
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
SAP SE Enforcement Action
https://home.treasury.gov/system/files/126/20210429_sap.pdf
Nordgas S.r.l. Enforcement Action
https://home.treasury.gov/system/files/126/20210326_nordgas.pdf
Episode 44 (“Everything but the Kitchen Sink”) Show Notes
Executive Order on Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation (unnumbered as of April 15, 2021)
https://www.whitehouse.gov/briefing-room/presidential-actions/2021/04/15/executive-order-on-blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the-russian-federation/
Directive 1 Under Executive Order of April 15, 2021 Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
https://home.treasury.gov/system/files/126/sovereign_debt_prohibition_directive_1.pdf
New Frequently Asked Questions
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/886
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/887
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/888
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/889
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/890
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/891
Updated Frequently Asked Questions
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/673
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/674
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/675
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/676
Executive Order 13883 (CBW Act-related sanctions)
https://home.treasury.gov/system/files/126/13883.pdf
CBW Act Directive
https://home.treasury.gov/system/files/126/fr84_48704.pdf
Executive Order 13661
https://home.treasury.gov/system/files/126/ukraine_eo2.pdf
European Parliament report (“Energy as a tool of foreign policy of authoritarian states, in particular Russia”)
https://www.europarl.europa.eu/RegData/etudes/STUD/2018/603868/EXPO_STU(2018)603868_EN.pdf
Episode 43 (“The Other Shoe Drops”) Show Notes
Nordgas OFAC Enforcement Action
https://home.treasury.gov/system/files/126/20210326_nordgas.pdf
UniControl OFAC Enforcement Action
https://home.treasury.gov/system/files/126/20210315_uc.pdf
Episode 42 (“Out of Control”) Show Notes
OFAC UniControl Enforcement Action
https://home.treasury.gov/system/files/126/20210315_uc.pdf
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
OFAC Apollo Aviation Enforcement Action
https://home.treasury.gov/system/files/126/20191107_apollo.pdf
OFAC British Arab Commercial Bank Enforcement Action
https://home.treasury.gov/system/files/126/20190917_bacb.pdf
OFAC Clearstream Banking Enforcement Action
https://home.treasury.gov/system/files/126/20140123_clearstream.pdf
Episode 41 (“Hold Your Friends Close...”) Show Notes
Treasury Press Release of February 26, 2021
https://home.treasury.gov/news/press-releases/jy0038
State Department Press Release of February 26, 2021
https://www.state.gov/accountability-for-the-murder-of-jamal-khashoggi/
Immigration and Nationality Act
https://www.uscis.gov/laws-and-policy/legislation/immigration-and-nationality-act
Department of State, Foreign Operations, and Related Programs Appropriations Act, 2020
https://www.govtrack.us/congress/bills/116/hr2839
Episode 40 (“Withholding Judgment”) Show Notes
U.S Customs and Border Protection (CBP) Forced Labor Enforcement Fact Sheet
https://www.cbp.gov/sites/default/files/assets/documents/2016-Aug/Fact%20Sheet%20-%20Forced%20Labor%20Procedures.pdf
CBP Withhold Release Orders and Findings
https://www.cbp.gov/trade/programs-administration/forced-labor/withhold-release-orders-and-findings
Episode 39 (“A Bit Much?”) Show Notes
BitPay, Inc, Enforcement Action
https://home.treasury.gov/system/files/126/20210218_bp.pdf
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
BitGo Enforcement Action
https://home.treasury.gov/system/files/126/20201230_bitgo.pdf
Episode 38 (“Last Minute Reprieve”) Show Notes
Executive Order 13959
https://home.treasury.gov/system/files/126/13959.pdf
Frequently Asked Question 857
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/857
Frequently Asked Question 858
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/858
Frequently Asked Question 859
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/859
Frequently Asked Question 860
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/860
Frequently Asked Question 864
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/864
Communist Chinese Military Companies General License 1
https://home.treasury.gov/system/files/126/chinese_military_gl1.pdf
Non-SDN Communist Chinese Military Companies List
https://www.treasury.gov/ofac/downloads/ccmc/ns-ccmc_list.pdf
NYSE Scraps Plans to Delist Chinese Telecom Stocks
https://www.wsj.com/articles/nyse-scraps-plans-to-delist-chinese-telecom-stocks-11609819126?mod=hp_lead_pos5
China Mobile website
https://www.chinamobileltd.com/en/about/overview.php
Episode 37 (“Trust, but Verify”, Revisited) Show Notes
General License INT/2020/059 Publication Notice
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/949118/General_licence_-_INT.2020.059_-_Publication_Notice.pdf
General License INT/2020/059
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/949119/INT.2020.059.pdf
The Russia (Sanctions) (EU Exit) Regulations 2019
https://www.legislation.gov.uk/uksi/2019/855/introduction/made
UK Russia sanctions guidance
https://www.gov.uk/government/publications/russia-sanctions-guidance/russia-sanctions-guidance
Council Regulation (EU) 2017/1547
https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32017R1547&from=EN
Council Regulation (EU) No 269/2014
https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32014R0269&from=EN
OFAC Belarus General License 2G
https://home.treasury.gov/system/files/126/belarus_gl2g.pdf
Episode 36 (“Sanctions Clause Says: Do Not Pass, BitGo!”) Show Notes
OFAC Enforcement Information for December 30, 2020
https://home.treasury.gov/system/files/126/20201230_bitgo.pdf
Episode 35 (“How the Sausage Gets Made”) Show Notes
Executive Order 13959
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/
Public Law 105-261 (NDAA FY1999)
https://www.govinfo.gov/content/pkg/PLAW-105publ261/html/PLAW-105publ261.htm
Public Law 106-398 (NDAA FY2001)
https://www.govinfo.gov/content/pkg/PLAW-106publ398/html/PLAW-106publ398.htm
Public Law 108-375 (NDAA FY2005)
https://www.govinfo.gov/content/pkg/PLAW-108publ375/pdf/PLAW-108publ375.pdf
Non-SDN Communist Chinese Military Companies List PDF of December 28, 2020
https://www.treasury.gov/ofac/downloads/ccmc/ns-ccmc_list.pdf
Frequently Asked Question 857
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/857
Frequently Asked Question 858
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/858
Frequently Asked Question 859
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/859
Frequently Asked Question 860
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/860
Frequently Asked Question 861
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/861
Episode 34 (“Opening the Presents”) Show Notes
OFAC-based lists
Specially Designated Nationals and Blocked Persons List (SDN List)
https://home.treasury.gov/policy-issues/financial-sanctions/specially-designated-nationals-and-blocked-persons-list-sdn-human-readable-lists
Consolidated Sanctions List
https://home.treasury.gov/policy-issues/financial-sanctions/consolidated-sanctions-list-data-files
State Department Lists
Cuba Restricted List
https://www.state.gov/cuba-sanctions/cuba-restricted-list/
Cuba Prohibited Accommodations List
https://www.state.gov/cuba-sanctions/cuba-prohibited-accommodations-list/
CAATSA Section 231 List
https://www.state.gov/caatsa-section-231d-defense-and-intelligence-sectors-of-the-government-of-the-russian-federation/
Defense Department Lists
Chinese Military Companies Lists
https://media.defense.gov/2020/Dec/03/2002545864/-1/-1/1/TRANCHE-4-QUALIFYING-ENTITIES.PDF
https://media.defense.gov/2020/Aug/28/2002486659/-1/-1/1/LINK_2_1237_TRANCHE_1_QUALIFIYING_ENTITIES.PDF
https://media.defense.gov/2020/Aug/28/2002486689/-1/-1/1/LINK_1_1237_TRANCHE-23_QUALIFYING_ENTITIES.PDF
Commerce Department Lists
Denied Persons List
https://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern/denied-persons-list
Entity List
https://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern/entity-list
Unverified List
https://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern/unverified-list
Military End Users List
https://www.federalregister.gov/documents/2020/12/23/2020-28052/addition-of-military-end-user-meu-list-to-the-export-administration-regulations-and-addition-of
Commerce Control List
https://www.bis.doc.gov/index.php/regulations/commerce-control-list-ccl
US Munitions List
https://www.ecfr.gov/cgi-bin/text-idx?node=pt22.1.121
Episode 33 (“Topping Off 2020 Hindsight”) Show Notes
OFAC Enforcement Information:
Berkshire Hathaway
https://home.treasury.gov/system/files/126/20201020_berkshire.pdf
Deutsche Bank Trust Company Americas
https://home.treasury.gov/system/files/126/20200909_DBTCA.pdf
Amazon.com
https://home.treasury.gov/system/files/126/20200708_amazon.pdf
OFAC Encourages Persons to communicate compliance concerns related to COVID-19
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20200420
Executive Order 13959 (Chinese Military Companies)
https://home.treasury.gov/system/files/126/13959.pdf
Executive Order 13936 (Hong Kong-related Sanctions)
https://home.treasury.gov/system/files/126/13936.pdf
December 18 Entity List Additions Press Release by State Department
https://www.state.gov/u-s-imposes-new-sanctions-on-peoples-republic-of-china-actors-linked-to-malign-activities/
Nynas-related OFAC Action
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20200512
Story: Greek Shippers Threatened With Sanctions, Forced to Hand Over Iranian Oil Cargo to US, Report Says
https://www.hellenicshippingnews.com/greek-shippers-threatened-with-sanctions-forced-to-hand-over-iranian-oil-cargo-to-us-report-says/
EU Sanctions Violation (Alleged) - Bunker Holding - story
https://safety4sea.com/danish-company-and-its-ceo-face-charges-over-alleged-eu-sanctions-violations/
AUSTRAC Enforcement Actions Page
https://www.austrac.gov.au/lists-enforcement-actions-taken
AUSTRAC Westpac civil penalty media release
https://www.austrac.gov.au/news-and-media/media-release/austrac-and-westpac-agree-penalty
Episode 32 (“2020 Hindsight: Bottom’s Up”) Show Notes
FinCEN Statement on Enforcement of the Bank Secrecy Act
https://www.fincen.gov/sites/default/files/shared/FinCEN%20Enforcement%20Statement_FINAL%20508.pdf
FinCEN Assessment of Civil Monetary Penalty - Larry Dean Harmon
https://www.fincen.gov/sites/default/files/enforcement_action/2020-10-19/HarmonHelix%20Assessment%20and%20SoF_508_101920.pdf
OFSI Enforcement Page
https://www.gov.uk/government/collections/enforcement-of-financial-sanctions
OFSI Standard Chartered Imposition of Monetary Penalty
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/876971/200331_-_SCB_Penalty_Report.pdf
OFAC Enforcement Information:
Berkshire Hathaway
https://home.treasury.gov/system/files/126/20201020_berkshire.pdf
OFAC CAATSA 231 Action (Non-SDN Menu-Based Sanctions & SDN List designations)
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201214_33
National Defense Authorization Act for the Fiscal Year 2021 (NDAA FY21)
https://www.govtrack.us/congress/bills/116/hr6395
State Department Press Release on Sudan’s State Sponsor of Terrorism Designation
https://www.state.gov/sudans-state-sponsor-of-terrorism-designation-rescinded/
Department of Justice 2020 FCPA Enforcement Actions
https://www.justice.gov/criminal-fraud/case/related-enforcement-actions/2020
OFSI Bridging Document Guidance
https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets/bridging-document
Episode 31 (“Turkey on the Menu”) Show Notes
Monday, December 13, 2020 OFAC Notice
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201214_33
State Department Fact Sheet
https://www.state.gov/caatsa-section-231-imposition-of-sanctions-on-turkish-presidency-of-defense-industries/
Non-SDN Menu-Based Sanctions List page
https://home.treasury.gov/policy-issues/financial-sanctions/consolidated-sanctions-list/non-sdn-menu-based-sanctions-list-ns-mbs-list
Countering America’s Adversaries through Sanctions Act (CAATSA)
https://home.treasury.gov/system/files/126/hr3364_pl115-44.pdf
CAATSA Sections 231 and 235
https://www.state.gov/countering-americas-adversaries-through-sanctions-act-of-2017/sections-231-and-235/
CAATSA Section 231(e) page:
https://www.state.gov/caatsa-section-231d-defense-and-intelligence-sectors-of-the-government-of-the-russian-federation/
Ukraine Freedom Support Act of 2014 (UFSA)
https://www.congress.gov/113/plaws/publ272/PLAW-113publ272.pdf
Turkey, Russia sign deal on supply of S-400 missiles (Reuters)
https://www.reuters.com/article/us-russia-turkey-missiles/turkey-russia-sign-deal-on-supply-of-s-400-missiles-idUSKBN1EN0T5
S-400 Missile System Wikipedia page
https://en.wikipedia.org/wiki/S-400_missile_system
National Defense Authorization Act for Fiscal Year 2021 (NDAA FY21)
https://www.govtrack.us/congress/bills/116/hr6395/text
Episode 30 (“Bully Pulpit”) Show Notes
U.S. State Department Fact Sheet (“U.S. Investors are Funding Malign PRC Companies on Major Indices”)
https://www.state.gov/u-s-investors-are-funding-malign-prc-companies-on-major-indices/
Executive Order 13959 (“Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies”)
https://www.federalregister.gov/documents/2020/11/17/2020-25459/addressing-the-threat-from-securities-investments-that-finance-communist-chinese-military-companies
U.S. State Department Press Releases
https://www.state.gov/press-releases/
Secretary of State Pompeo Speech at Georgia Tech (“The Chinese Communist Party on the American Campus”)
https://www.state.gov/the-chinese-communist-party-on-the-american-campus/
U.S. State Department December 4, 2020 Press Release (“U.S. Imposes Sanctions on People’s Republic of China Officials Engaged in Coercive Influence Activities”)
https://www.state.gov/u-s-imposes-sanctions-on-peoples-republic-of-china-officials-engaged-in-coercive-influence-activities/
U.S. State Department December 3, 2020 Press Release (“On the Political Persecution of Hong Kong Democracy Advocates”)
https://www.state.gov/on-the-political-persecution-of-hong-kong-democracy-advocates/
Episode 29 (“Mr. Watchlist’s Nightmare”) Show Notes
Executive Order 13959 (“Addressing the Threat from Securities Investments That Finance Communist Chinese Military Companes”)
https://home.treasury.gov/system/files/126/13959.pdf
Department of Defense December 3, 2020 Press Release
https://www.defense.gov/Newsroom/Releases/Release/Article/2434513/dod-releases-list-of-additional-companies-in-accordance-with-section-1237-of-fy/
OFAC 50 Percent Rule (“Revised Guidance on Entities Owned by Persons Whose Property and Interests in Property Are Blocked”)
https://home.treasury.gov/system/files/126/licensing_guidance.pdf
OFAC FAQ 373
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/373
Executive Order 13662 (“Blocking Property of Additional Persons Contributing to the Situation in Ukraine”)
https://home.treasury.gov/system/files/126/ukraine_eo3.pdf
Executive Order 13662 Directive 1 (as amended on September 29, 2017)
https://home.treasury.gov/system/files/126/eo13662_directive1_20170929.pdf
Executive Order 13808 (“Imposing Additional Sanctions with Respect to the Situation in Venezuela”)
https://home.treasury.gov/system/files/126/13808.pdf
Episode 28 (“But You Can’t Stay Here”) Show Notes
Executive Order 13405 (Belarus Sanctions)
https://home.treasury.gov/system/files/126/13405.pdf
Executive Order 13667 (Central African Republic Sanctions(
https://home.treasury.gov/system/files/126/car_eo.pdf
Proclamation 8693 of July 24, 2011
https://www.federalregister.gov/documents/2011/07/27/2011-19155/suspension-of-entry-of-aliens-subject-to-united-nations-security-council-travel-bans-and
Immigration and Nationality Act
https://www.uscis.gov/laws-and-policy/legislation/immigration-and-nationality-act
Episode 27 (“OFAC Sanctions from A to Z: Belarus”) Show Notes
Executive Order 13405
https://home.treasury.gov/system/files/126/13405.pdf
Belarus Sanctions Regulations
https://www.ecfr.gov/cgi-bin/text-idx?SID=5eae22affe2e3675b6deaa3fb796eb7a&tpl=/ecfrbrowse/Title31/31cfr548_main_02.tpl
Belarus General License 2-G
https://home.treasury.gov/system/files/126/belarus_gl2g.pdf
Episode 26 (“Hup, Two, Three, Four!”) Show Notes
Executive Order 13959
https://home.treasury.gov/system/files/126/13959.pdf
Chinese Military Companies Sanctions page
https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/chinese-military-companies-sanctions
Executive Order 13936
https://www.federalregister.gov/documents/2020/07/17/2020-15646/the-presidents-executive-order-on-hong-kong-normalization
Public Law 105-261 (NDAA FY1999)
https://www.govinfo.gov/content/pkg/PLAW-105publ261/pdf/PLAW-105publ261.pdf
Public Law 106-398 (NDAA FY 2001)
https://www.govinfo.gov/content/pkg/PLAW-106publ398/pdf/PLAW-106publ398.pdf
Public Law 108-375 (NDAA FY 2005)
https://www.congress.gov/108/plaws/publ375/PLAW-108publ375.pdf
Episode 25 (“Mixa Mixa Mixa”) Show Notes
FinCEN October 19, 2020 Assessment of Monetary Penalty
https://www.fincen.gov/sites/default/files/enforcement_action/2020-10-19/HarmonHelix%20Assessment%20and%20SoF_508_101920.pdf
FinCEN August 18, 2020 BSA Enforcement Statement
https://www.fincen.gov/sites/default/files/shared/FinCEN%20Enforcement%20Statement_FINAL%20508.pdf
Episode 24 (“OFAC v the Oracle of Omaha”) Show Notes
Berkshire Hathaway Enforcement Information
https://home.treasury.gov/system/files/126/20201020_berkshire.pdf
Berkshire Hathaway Settlement Agreement
https://home.treasury.gov/system/files/126/20201020_berkshire_settlement.pdf
31 CFR 560.204 (part of the Iranian Transactions and Sanctions Regulations)
https://www.ecfr.gov/cgi-bin/text-idx?SID=ea006d0e29c0470b458abe51ba856111&mc=true&node=se31.3.560_1204&rgn=div8
Kollmorgen Corporation Enforcement Action
https://home.treasury.gov/system/files/126/20190207_kollmorgen.pdf
Episode 23 (“FinCEN, Files, Ho, Hum!”) Show Notes
BuzzFeed News FinCEN Files page
https://www.buzzfeednews.com/fincen-files
BuzzFeed Source Documents page
https://www.buzzfeednews.com/article/johntemplon/fincen-files-the-documents
ICIJ FinCEN Files page
https://www.icij.org/investigations/fincen-files/
ICIJ Data Visualization page
https://www.icij.org/investigations/fincen-files/explore-the-fincen-files-data/
Episode 22 (“Shootout at the OFAC Corral”) Show Notes
October 8, 2020 OFAC Iran-related Notice
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201008
OFAC Iran General License L
https://home.treasury.gov/system/files/126/iran_gll.pdf
Executive Order 13902
https://www.federalregister.gov/documents/2020/01/14/2020-00534/imposing-sanctions-with-respect-to-additional-sectors-of-iran
Iranian Transactions and Sanctions Regulations (ITSR)
https://www.ecfr.gov/cgi-bin/text-idx?tpl=/ecfrbrowse/Title31/31cfr560_main_02.tpl
OFAC Program Tags page
https://home.treasury.gov/policy-issues/financial-sanctions/specially-designated-nationals-list-sdn-list/program-tag-definitions-for-ofac-sanctions-lists
Aero Sky Finding of Violation
https://home.treasury.gov/system/files/126/20191212_aero_sky.pdf
31 CFR Chapter V
https://www.law.cornell.edu/cfr/text/31/chapter-V
Episode 21 (“Walking the Walk”) Show Notes
Comtech Telecommunications OFAC Enforcement Settlement Agreement
https://home.treasury.gov/system/files/126/20200917_comtech_settlement.pdf
A Framework for OFAC Compliance Commitments
https://home.treasury.gov/system/files/126/framework_ofac_cc.pdf
Episode 20 (“If you like pina coladas”) Show Notes
Treasury Department Final Rule
https://home.treasury.gov/system/files/126/CACR_final_rule_09232020.pdf
Treasury Press Release
https://home.treasury.gov/news/press-releases/sm1134
Cuba Prohibited Accomodations List Initial Publication
https://www.state.gov/cuba-sanctions/cuba-prohibited-accommodations-list/cuba-prohibited-accommodations-list-initial-publication/
OFAC Cuba Sanctions FAQs
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/topic/1541
State Department Press Release
https://www.state.gov/suspension-of-private-charter-flights-between-the-united-states-and-cuba/
National Security Presidential Memorandum 5 (NSPM-5)
https://www.federalregister.gov/documents/2017/10/20/2017-22928/strengthening-the-policy-of-the-united-states-toward-cuba
CNN story
https://www.cnn.com/2020/09/23/politics/trump-cuba-announcement/index.html
Episode 19 (Because I said so) Show Notes
September 21, 2020 Executive Order (Iran conventional weapons)
https://home.treasury.gov/system/files/126/20200921_eo_iran-con-arms.pdf
September 19, 2020 State Department Press Release
https://www.state.gov/the-return-of-un-sanctions-on-the-islamic-republic-of-iran/
Executive Order 13936 (Hong Kong related sanctions)
https://home.treasury.gov/system/files/126/13936.pdf
May 2018 Presidential Memorandum
https://www.whitehouse.gov/presidential-actions/ceasing-u-s-participation-jcpoa-taking-additional-action-counter-irans-malign-influence-deny-iran-paths-nuclear-weapon/
May 2018 Presidential Remarks
https://www.whitehouse.gov/briefings-statements/remarks-president-trump-joint-comprehensive-plan-action/
Episode 18 (“Crawling from the Wreckage”) Show Notes
Comtech Telecommunications Enforcement Action
https://home.treasury.gov/system/files/126/20200917_comtech.pdf
Deutsche Bank Enforcement Action (“Actual Knowledge”)
https://home.treasury.gov/system/files/126/20200909_DBTCA.pdf
Whitford Worldwide Enforcement Action (“Economic Benefit”, “Indirect Shipment”)
https://home.treasury.gov/system/files/126/20200728_whitford.pdf
Essentra FZE Enforcement Action (“Actual Knowledge, Significant Harm/Economic Benefit, “Commercial Sophistication”)
https://home.treasury.gov/system/files/126/20200716_essentra_fze.pdf
Amazon Inc. Enforcement Action (“Lack of Due Caution or Care”)
https://home.treasury.gov/system/files/126/20200708_amazon.pdf
BIOMIN America Enforcement Action (“Reckless”, “Indirect Shipment”, ”Management Involvement”, ”Commercial Sophistication”)
https://home.treasury.gov/system/files/126/20200506_biomin.pdf
Eagle Shipping International Enforcement Action (“Reckless Disregard”, “Management Involvement”, “Economic Benefit”, “Commercially Sophisticated”)
https://home.treasury.gov/system/files/126/20200127_eagle.pdf
Hotelbeds USA Enforcement Action (“moving part of transaction outside of US”)
https://home.treasury.gov/system/files/126/20190612_hotelbeds_0_1.pdf
Kollmorgen Corporation Enforcement Action (“Obstructing Investigation”)
https://home.treasury.gov/system/files/126/20190207_kollmorgen.pdf
Yantai Jereh Oilfield Services Group Enforcement Action (“Obstructing OFAC Investigation”)
https://home.treasury.gov/system/files/126/20181212_jereh.pdf
BD White Birch Investment Enforcement Action (“Lack of Cooperation”)
https://home.treasury.gov/system/files/126/20171005_white_birch_investment.pdf
Apollo Aviation Group Enforcement Action (Customer sends engines to Sudan)
https://home.treasury.gov/system/files/126/20191107_apollo.pdf
e.l.f. Cosmetics Enforcement Action (gets North Korean goods through supply chain)
https://home.treasury.gov/system/files/126/20190131_elf.pdf
Episode 17 (“The case of the missing email”) Show Notes
State Department Press Release
https://www.state.gov/the-united-states-sanctions-chinese-state-owned-entity-for-its-role-in-corruption-in-cambodia/
Treasury Department Press Release
https://home.treasury.gov/news/press-releases/sm1121
Commerce Department Press Release (South China Seas Military Island Construction)
https://www.commerce.gov/news/press-releases/2020/08/commerce-department-adds-24-chinese-companies-entity-list-helping-build
Episode 16 (“Sprechen Sie Settlements?”) Show Notes
Deutsche Bank Enforcement Action - 2020
https://home.treasury.gov/system/files/126/20200909_DBTCA.pdf
Deutsche Bank Enforcement Action - 2013
https://home.treasury.gov/system/files/126/20130905_DBTCA.pdf
Apple Inc. Enforcement Action
https://home.treasury.gov/system/files/126/20191125_apple.pdf
Cobham Holdings Enforcement Action
https://home.treasury.gov/system/files/126/20181127_metelics.pdf
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
A Framework for OFAC Compliance Commitments
https://home.treasury.gov/system/files/126/framework_ofac_cc.pdf
Episode 15 (“Better Left Unsaid”) Show Notes
Multiagency North Korea Ballistic Missile Procurement Advisory
https://home.treasury.gov/system/files/126/20200901_nk_ballistic_missile_advisory.pdf
Illicit Shipping and Sanctions Evasions Practices Guidance
https://home.treasury.gov/system/files/126/05142020_global_advisory_v1.pdf
UN Security Council Resolution (UNSCR) 2270
https://www.undocs.org/S/RES/2270(2016)
Episode 14 (Vitamin K deficiency) Show Notes
Analysis of Iranian oil seizure
https://kobrekim.com/news/evelyn-sheehan-us-seizure-iranian-oil-venezuela-sandp-global-platts
Cuban Journalist Release Press Statement
https://www.state.gov/on-the-overdue-release-of-cuban-journalist-roberto-quinones/
Venezuela Prisoner Release Press Statement
https://www.state.gov/recent-developments-in-venezuela/
Chinese Diplomatic Restrictions Press Statement
https://www.state.gov/advancing-reciprocity-in-u-s-china-diplomatic-relations/
JCPOA diplomacy
https://www.nytimes.com/2014/12/19/us/mastering-the-art-of-secret-negotiations.html?referringSource=articleShare
US-Myanmar diplomacy
https://www.theguardian.com/world/2009/sep/24/burma-obama-foreign-policy
Lifting of US sanctions on Vietnam
https://www.history.com/this-day-in-history/clinton-ends-trade-embargo-of-vietnam
Observatory of Economic Complexity
https://oec.world
Episode 13 (A Guide for the Perplexed) Show Notes
Multiagency North Korea Ballistic Missile Procurement Advisory
https://home.treasury.gov/system/files/126/20200901_nk_ballistic_missile_advisory.pdf
Explanation of GOST Standard:
https://www.certificator.eu/en/certification-handbook/what-is-gost.html
ASTM website (About US page)
https://www.astm.org/ABOUT/overview.html
AISI website (About page)
https://www.steel.org/about-aisi
UNS explanation (one of many)
https://www.engineeringtoolbox.com/uns-unified-numbering-system-d_1364.html
United Nations:
UN 1718 Panel of Experts Reports page
https://www.un.org/securitycouncil/sanctions/1718/panel_experts/reports
UN Security Council Resolution 2270 page
https://www.un.org/securitycouncil/s/res/2270-%282016%29
Commerce Department / Bureau of Industry & Security (BIS):
Bureau of Industry and Security (BIS) website
https://www.bis.doc.gov
Export Administration Regulations (EAR) Part 744
https://www.bis.doc.gov/index.php/documents/regulations-docs/2343-part-744-control-policy-end-user-and-end-use-based-2/file
Export Administration Regulations (EAR) Part 732
https://www.bis.doc.gov/index.php/documents/regulation-docs/411-part-732-steps-for-using-the-ear/file
Arms Export Control Act (AECA)
https://www.pmddtc.state.gov/ddtc_public?id=ddtc_kb_article_page&sys_id=b9a933addb7c930044f9ff621f961932
Export Control Reform Act of 2018
https://www.congress.gov/bill/115th-congress/house-bill/5040
OFAC:
A Framework for OFAC Compliance Commitments
https://home.treasury.gov/system/files/126/framework_ofac_cc.pdf
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
Executive Order 13810
https://home.treasury.gov/system/files/126/13810.pdf
Executive Order 13382
https://home.treasury.gov/system/files/126/whwmdeo.pdf
North Korea Sanctions Regulations
https://www.ecfr.gov/cgi-bin/text-idx?SID=de320a4c64191fd7903725227ee3d641&mc=true&tpl=/ecfrbrowse/Title31/31cfr510_main_02.tp
State Department Iran, North Korea and Syria Non-Proliferation Act page
https://www.state.gov/iran-north-korea-and-syria-nonproliferation-act-sanctions-inksna/
Other:
FATF Guidance on Counter Proliferation Finance
https://www.fatf-gafi.org/publications/financingofproliferation/documents/guidance-counter-proliferation-financing.html
Episode 12 (OFAC’s Framework, Part 1: Taking Responsibility) Show Notes
A Framework for OFAC Compliance Commitments
https://home.treasury.gov/system/files/126/framework_ofac_cc.pdf
OFAC Enforcement Guidelines
https://home.treasury.gov/system/files/126/fr74_57593.pdf
Whitford Worldwide Company LLC Enforcement Action
https://home.treasury.gov/system/files/126/20200728_whitford.pdf
Episode 11 (“A sanction by any other name”) Show Notes
August 26, 2020 Commerce Department Press Release
https://www.commerce.gov/news/press-releases/2020/08/commerce-department-adds-24-chinese-companies-entity-list-helping-build
August 26, 2020 State Department Press Release
https://www.state.gov/u-s-imposes-restrictions-on-certain-prc-state-owned-enterprises-and-executives-for-malign-activities-in-the-south-china-sea/
July 15, 2020 State Department Press Release
https://www.state.gov/u-s-imposes-visa-restrictions-on-certain-employees-of-chinese-technology-companies-that-abuse-human-rights/
Commerce Department (Bureau of Industry and Security) “Lists of Parties of Concern” page
https://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern
Immigration and Nationality Act
https://www.uscis.gov/laws-and-policy/legislation/immigration-and-nationality-act
Immigration and Nationality Act, Section 212
https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title8-section1182#=0&edition=prelim
Episode 10 (“So say we all”) Show Notes
Joint Statement on BSA Due Diligence for PEPs
https://www.fincen.gov/sites/default/files/shared/PEP%20Interagency%20Statement_FINAL%20508.pdf
FinCEN Advisory (contains definition of Senior Foreign Political Figures)
https://www.fincen.gov/sites/default/files/advisory/2018-07-03/PEP%20Facilitator%20Advisory_FINAL%20508%20updated.pdf
FATF PEP Recommendations
https://www.fatf-gafi.org/media/fatf/documents/recommendations/Guidance-PEP-Rec12-22.pdf
Episode 9 / The plane truth Show Notes
WSJ article (“Curtiss-Wright Discloses Possible Russia Sanctions Violations”)
https://www.wsj.com/articles/curtiss-wright-discloses-possible-russia-sanctions-violations-11598035685?mod=djemRiskCompliance
Curtiss-Wright home page
https://www.curtisswright.com/home/default.aspx
OFAC 50% Rule
https://www.treasury.gov/resource-center/sanctions/Documents/licensing_guidance.pdf
Show Notes for Episode 8 (Imitation is the sincerest form of flattery)
- FinCEN BSA Enforcement Statement
- https://www.fincen.gov/sites/default/files/shared/FinCEN%20Enforcement%20Statement_FINAL%20508.pdf:
- OFAC Enforcement Guidelines
- A Framework for OFAC Compliance Commitments
Episode 7 (why small fry?) Show Notes
OFSI Notice for North Korean sanctions amendments:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/906373/Notice_DPRK_2020_1129.pdf
Treasury Press Release on Syrian Scientific Studies and Research Center Staff:
https://www.treasury.gov/press-center/press-releases/Pages/sm0056.aspx
UK Independent Reviewer website:
https://terrorismlegislationreviewer.independent.gov.uk
Episode 6 (“Do as I say...”) Show Notes
OFAC Humanitarian Aid Fact Sheet
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/covid19_factsheet_20200416.pdf
Swiss Humanitarian Trade Arrangement Press Release (US Treasury)
https://home.treasury.gov/news/press-releases/sm919
Humanitarian Trade with Iran Guidance (October 2019)
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/iran_humanitarian_20191025.pdf
Humanitarian Aid for Venezuela Guidance
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/20190805_vz_humanitarian_guidance.pdf
Government Accountability Report on “Derisking along the Southwest Border”
https://www.gao.gov/products/GAO-18-263
FinCEN 2014 statement on banking services for Money Service Businesses (MSBs)
https://www.fincen.gov/news/news-releases/statement
Multiagency statement on risk-focused Bank Secrecy Act/AML Supervision
https://www.fdic.gov/news/press-releases/2019/pr19065a.pdf
OFAC Sudan Program and Darfur Sanctions Guidance
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/sudan_guidance_20200811.pdf
Episode 5 Show Notes
OFAC Civil Penalties and Enforcement Information page:
https://www.treasury.gov/resource-center/sanctions/CivPen/Pages/civpen-index2.aspx
OFAC Enforcement Guidelines:
https://www.ecfr.gov/cgi-bin/text-idx?SID=ccac94aaa0387efe2a9c3fca2dc5a4ab&mc=true&node=ap31.3.501_1901.a&rgn=div9
August 11, 2020 OFAC Enforcement Action:
https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20200811_individual.pdf
Show Notes Episode 4
Kollmorgen Corporation enforcement action
https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20190207_kollmorgen.pdf
Foreign Sanctions Evaders (FSE) List
https://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/fse_list.aspx
CAATSA 231 List
https://www.state.gov/caatsa-section-231d-defense-and-intelligence-sectors-of-the-government-of-the-russian-federation/
CAATSA 231 BISN page
https://www.state.gov/section-231-of-the-countering-americas-adversaries-through-sanctions-act-of-2017/
United Nations Security Council Resolution 2371 (North Korea labor sanctions)
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/2371.pdf
European Commission Blocking Statute page
https://ec.europa.eu/info/business-economy-euro/banking-and-finance/international-relations/blocking-statute_en
Show Notes Episode 3
OFAC Notice of 7/31/2020
https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20200731.aspx
and associated State Department press release
https://www.state.gov/on-sanctioning-human-rights-abusers-in-xinjiang-china/
Deutsche Bank Mirror Trading - NY Department of Financial Services Press Release
https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1701301
Non-SDN Palestinian Legislative Council (NS PLC) List
https://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/plc_list.aspx
Terrorist Asset Report - 2017
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/tar2017.pdf
Terrorist Asset Report - 2018
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/tar2018.pdf
Show Notes for Episode 2
Resources for today’s show:
On the Russian oligarchs’ involvement in the art market
Congressional probe: Russian oligarchs using art to evade sanctions(Politico)
https://www.politico.com/news/2020/07/29/probe-russian-oligarchs-evade-art-sanctions-386154
Non-Stick Sanctions resources:
A Framework for OFAC Compliance Commitments (“Framework Document”)
A Framework for OFAC Compliance Commitments
OFAC Enforcement Guidelines
https://www.ecfr.gov/cgi-bin/text-idx?SID=ccac94aaa0387efe2a9c3fca2dc5a4ab&mc=true&node=ap31.3.501_1901.a&rgn=div9
OFAC Enforcement Page
https://www.treasury.gov/resource-center/sanctions/CivPen/Pages/civpen-index2.aspx
Enforcement Actions:
- “Misunderstanding” cases
- Foreign Subsidiary cases
Show Notes for 7/28/2020 Mr. Watchlist’s DesigNation
Resources to go along with today’s episode:
March 2020 United Nations Panel of Experts Report (1718 Committee) -
https://www.securitycouncilreport.org/atf/cf/%7B65BFCF9B-6D27-4E9C-8CD3-CF6E4FF96FF9%7D/S_2020_151.pdf
March 2020 U.S. Multi-Agency (Treasury / State / Coast Guard) global advisory for Maritime Industry, Energy and Metals Sectors -
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/05142020_global_advisory_v1.pdf
Sayari Analytics Blog post on Chinese evasion to ship Iranian crude (links to paid report by Financial Times) -
https://sayari.com/blog/chinese-tankers-iranian-oil/
Venezuela oil tankers evasion (ABC News) -
https://abcnews.go.com/International/wireStory/oil-tankers-dark-off-venezuela-evade-us-sanctions-66999020
Iranian tanker Grace 1 -
https://wnwd.com/blog/the-multinational-story-behind-the-grace-1/