A U.S. manufacturing company disclosed it may have violated U.S. sanctions on Iran, in a filing with the Securities and Exchange Commission. The company, H.B. Fuller, said it voluntarily disclosed the possible violations to the Treasury Department in September 2018 after discovering its subsidiaries in Turkey and India may have sold its products to customers who then resold them to Iran. The possible violations began in Turkey in 2011 and in India in 2014, the company’s Sept. 27 filing said, and involved the resale of “hygiene products.”
The United Kingdom must improve its outreach and guidance to the private sector to make sure its post-Brexit sanctions regime is effective, a task force organized by the Royal United Services Institute said in a September report. The task force, composed of former U.K. sanctions officials, policy experts and private sector representatives, said Britain should review and increase staffing within its sanctions regimes and consider adopting some of the sanctions guidance tools provided by the U.S. Treasury’s Office of Foreign Assets Control, RUSI said.
The Treasury’s Office of Foreign Assets Control sanctioned Russian people, entities and other actors for trying to influence the 2018 U.S. midterm elections, Treasury said in a Sept. 30 press release. The sanctions also increase pressure on Yevgeniy Prigozhin, a previously designated Russian businessman, by sanctioning three of his planes, a yacht and employees of the Internet Research Agency (IRA), which Prigozhin funds, Treasury said.
The Treasury's Office of Foreign Assets Control updated two Venezuelan general licenses related to dealings with certain bonds and securities, OFAC said in a Sept. 30 notice. General License No. 3F is replaced with General License No. 3G, which authorizes dealings with certain Venezuela-related bonds until March 31, 2020. General License No. 9E is replaced with General License No. 9F, which authorizes certain dealings related to Petroleos de Venezuela securities, also until March 31, 2020.
The European Union sanctioned seven members of Venezuelan’s security and intelligence forces for human rights violations, the European Council said in a Sept. 27 press release. The EU said it now has active Venezuelan sanctions imposed on 25 people. The sanctions include travel bans and asset freezes.
The State Department sanctioned Raul Modesto Castro Ruz, the first secretary of the Central Committee of the Cuban Communist Party and first secretary of the Cuban Revolutionary Armed Forces, according to a Sept. 26 press release. The State Department also sanctioned his children: Alejandro Castro Espin, Deborah Castro Espin, Mariela Castro Espin and Nilsa Castro Espin. Castro is being sanctioned for human rights violations, the press release said. "As General of Cuba’s Armed Forces, Castro is responsible for Cuba’s actions to prop up the former Maduro regime in Venezuela through violence, intimidation, and repression," it said.
A sanctioned shipping company received expedited removal from the Treasury’s sanctions list because of its cooperation, transparency and commitments to the agency, according to a Sept. 25 post by Winston & Strawn.
The U.S. does not plan on easing sanctions on Iran, Secretary of State Mike Pompeo said, even after reports that the administration considered lifting restrictions to encourage a meeting between President Donald Trump and Iran's President Hassan Rouhani (see 1909110039).
The Treasury’s Office of Foreign Assets Control sanctioned one entity, three people and five ships for evading U.S. sanctions and delivering jet fuel to Russian forces in Syria, Treasury said Sept. 26.
President Donald Trump said he is not planning to impose additional sanctions on North Korea, saying the two sides are “getting along very well.”