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The Justice Department unsealed an indictment charging U.S.-Iranian national Jeffrey Chance Nader, 68, with crimes related to the illicit export of U.S.-manufactured aircraft components, including components used on military aircraft, to Iran in violation of U.S. economic sanctions and other federal laws. Nader was arrested yesterday in California. https://lnkd.in/gfVZTi3B #UKSanctions #Russia #EUCommission #ExportControl #TradeWar #TSECS #SanctionsUpdate #TurkishSociety #Sanctions #USA #OFAC #BIS #TradeUpdates #GlobalTrade #TradeCompliance #InternationalRelations #EconomicSanctions #TradeRegulations #TurkishExports #TradePolicy #SecurityMatters #ForeignPolicy #ComplianceNews #EconomicSecurity #CrossBorderBusiness

📣 UK Expands Sanctions Targeting DPRK Military Programs 📜 On April 16, 2024, the UK updated its sanctions list, targeting entities involved in the Democratic People's Republic of Korea's military programs. 🧭 The regulations freeze funds and economic resources of those facilitating DPRK's military activities. Businesses must check and freeze accounts linked to designated persons, refrain from financial dealings, and report findings to the Office of Financial Sanctions Implementation (OFSI). ✅ Failure to comply may result in criminal offenses. The notice provides links for further information on sanctions and reporting procedures. Entities like the National Aerospace Technology Administration are subject to asset freezes under these regulations. Original source 👉: https://lnkd.in/gkDzDWpW #UKsanctions #sanctionsupdate #sanctionscompliance #financialsanctions #OFSI #DPRKmilitary #assetfreezes 

We join this call by a cross-party group of more than 40 MPs, peers and other public figures for the Government to finally proscribe the IRGC, as promised prior to the general election: Iran’s malign influence is on display day after day in the Middle East and beyond, and that influence finds expression through the Islamic Revolutionary Guard Corps. That is why we and others have been calling for a proscription for a long time. Limited sanctions are not enough. It is time to #ProscribeIRGC.

The U.N. expert panel monitoring the enforcement of anti-North Korea sanctions has disbanded, leading South Korea, the U.S., Japan, and 47 other countries to emphasize the importance of continuing access to objective and independent analysis. The panel's mandate was not renewed after Russia vetoed an extension, causing concerns about the implementation of sanctions measures. The countries called for continued compliance with Security Council resolutions, despite the panel's expiration. Russia's veto has raised criticism, especially in light of its military cooperation with North Korea. #AsiaRisk #GeopoliticalConflictandDisputes #SouthKorea Follow us for daily updates on risk and operations in Asia! https://lnkd.in/g7iK9wR6

📣 UK Expands Sanctions on Iran with New Asset Freezes On October 14, 2024, the UK’s Foreign, Commonwealth, and Development Office updated the sanctions list under the Iran (Sanctions) Regulations 2023. Nine entries, including individuals and entities, were added, resulting in an asset freeze. 📝 The sanctions target those involved in serious human rights violations or hostile activities by the Iranian government, particularly actions threatening the integrity, prosperity, or security of Israel. Key figures include military officials and defense sector entities, such as the Iranian Space Agency. ✅ UK financial institutions are required to freeze assets and refrain from transactions with these designated individuals or entities. Original source 👉: https://lnkd.in/g63tUKU5 #UKsanctions #sanctionsupdate #sanctionscompliance #IranSanctions #AssetFreeze #IranianSpaceAgency #FinancialSanctions

🇪🇺 The #EU has adopted the 15th package of sanctions against #Russia, targeting organisations that help to circumvent export restrictions. The new measures will also affect media entrepreneurs and Russian intelligence officers involved in disinformation. Will this be enough to increase #sanctions pressure on the Kremlin? Also in this week's digest: 🔹 Euroclear warns of risks to Europe's financial stability in the event of a complete #confiscation of Russian assets. Could this really threaten the status of the euro? 🔹 Shadowy arms transfers: how does Russia get thousands of sniper rifles through third countries despite Western sanctions? Where are the key ‘holes’ in the system of restrictions? 🔹 The HACC ruled to seize the property of the Russian company Rodina, which provided military aircraft. What exactly will become the property of the state? 💻 Read more in the latest newsletter on Confiscation Tracker. The link is waiting for you in the comments or stories!

🌍 𝐆𝟕 𝐈𝐬𝐬𝐮𝐞𝐬 𝐍𝐞𝐰 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 𝐭𝐨 𝐏𝐫𝐞𝐯𝐞𝐧𝐭 𝐒𝐚𝐧𝐜𝐭𝐢𝐨𝐧𝐬 𝐄𝐯𝐚𝐬𝐢𝐨𝐧 𝐛𝐲 𝐑𝐮𝐬𝐬𝐢𝐚 Today, the G7 has taken a significant step to strengthen the enforcement of sanctions against Russia by issuing new industry guidance. This guidance is crucial in helping industries identify and respond to evolving tactics used to circumvent export controls and sanctions. Key highlights include: - Priority Areas: Focus on items at high risk of being diverted to Russia. - Red Flag Indicators: Identifying potential evasion tactics. - Best Practices: Enhanced due diligence measures for industries. These measures are designed to degrade Russia's wartime economy and disrupt its military capabilities, ensuring that the sanctions remain effective and impactful. Let's continue to support these efforts and stay vigilant in our compliance practices. Together, we can make a difference. 💪 #G7 #Sanctions #Compliance #IndustryGuidance #GlobalSecurity #türkiye #russia

The Arms Control & Disarmament Centre, ISSI is organizing a Roundtable Discussion on "Latest Discriminatory U.S. Sanctions and Assertions about Pakistan’s Missile Program – Implications and Challenges" on Thursday, January 2, 2025, at 1430 hrs. This discussion will bring together esteemed experts and practitioners to critically examine the implications of recent U.S. sanctions on Pakistan’s missile program. The session will address key challenges, analyze regional security dynamics, and explore strategic responses. Join us for an engaging dialogue on this critical subject shaping Pakistan’s security landscape. #ACDC #ISSI #MissileProgram #NationalSecurity #StrategicStability

On April 24, 2024, President Biden signed into law an emergency supplemental appropriations law that provides substantial military aid to Ukraine, Israel, and Taiwan and could force the sale of TikTok. The bill includes an expansion of the statute of limitations applicable to civil and criminal violations of U.S. sanctions laws, allowing the U.S. government to impose civil and criminal penalties for up to ten years following a violation of sanctions programs administered by the Office of Foreign Assets Control. Learn more here: https://ow.ly/z18F50RAtsG #OFAC #regulations #RegulatoryTrends

📣 U.S. President Extends National Emergency and Sanctions on the Central African Republic 📅 On May 9, 2024, the U.S. President announced the continuation of the national emergency concerning the Central African Republic (CAR). 📜 Initially declared on May 12, 2014, via Executive Order 13667, this action addresses the ongoing security threats posed by the situation in CAR, including lawlessness, intersectarian tension, and the use of child soldiers. Notably, the violence involves entities linked to the Kremlin and Yevgeniy Prigozhin, such as the Wagner Group, affecting the stability of CAR and surrounding regions. ✔️ This extension ensures the emergency measures will persist beyond their May 12, 2024 expiration, supporting U.S. national security and foreign policy interests. Original source 👉: https://lnkd.in/g9xCmpQZ #USsanctions #sanctionsupdate #sanctionscompliance #CARsanctions #Sanctions #ExecutiveOrder #SecurityThreat #InternationalRelations