Treasury Department’s Office of Foreign Assets Control added the following individual to its Specially Designated Nationals List:

The Treasury Department’s Office of Foreign Assets Control issued 223 licenses authorizing exports of agricultural commodities, medicine and medical devices to Iran and Sudan in the first quarter of 2013, OFAC said in a May 10 report of its licensing activities. The agency has authority over such licenses through the Trade Sanctions Reform and Export Enhancement Act. Most of the licenses -- 189 -- were for Iran; 34 were for Sudan, OFAC said. The agency also issued 115 license amendments and 13 denial letters over the quarter, which runs from October through Dec. 31, 2012. A large majority of the total number of licenses were for exporting medical devices.

The Office of Foreign Assets Control within the Treasury Department added new entities to its Specially Designated Nationals list May 9. The following were all added under Iranian Financial Sanctions Regulations and Weapons of Mass Destruction Proliferators Sanctions Regulations, unless otherwise noted.

An international marine mutual insurance group agreed to pay nearly $350,000 to settle potential liability for alleged violations of U.S. sanctions against Cuba, Sudan and Iran, Treasury Department’s Office of Foreign Assets Control said May 9. The American Steamship Owners Mutual Protection and Indemnity Association agreed to remit $348,000, OFAC said. The New York-based nonprofit insurance association, also called the American Club, is made of merchant ship owners and charters.

The Treasury Department’s Office of Foreign Assets Control added the following individuals to its Specially Designated Nationals List May 7. All were added under Foreign Narcotics Kingpin Sanctions Regulations:

The Office of Foreign Assets Control in the Treasury Department deleted the following entities from the Specially Designated Nationals list. All were originally added under Zimbabwe Sanctions Regulations:

The Treasury Department’s Office of Foreign Assets Control deleted the following entities from its Specially Designated Nationals list. These individuals and entities were originally added under Foreign Narcotics Kingpin Sanctions Regulations:

Toyota Motor Credit Corp. agreed to remit $23,400 to settle potential civil liability for violations of the Foreign Narcotics Kingpin Sanctions Regulations, the Office of Foreign Assets Control announced April 25. OFAC determined that the Corporation did not voluntarily self-disclose the apparent violations. Between April 2008 and June 2010, TMCC maintained a loan account and processed information for 26 loan payments totaling $14,449 on behalf of Claudia Aguirre Sanchez, OFAC said. Sanchez is named a Specially Designated Narcotics Trafficker and was added to the Specially Designated Nationals list in 2007.

The Treasury Department's Office of Foreign Assets Control authorized all transactions involving two Zimbabwe banks April 24. All transactions with the Agricultural Development Bank of Zimbabwe and the Infrastructure Development of Zimbabwe -- provided they do not involve persons whose property and interests in property are blocked -- are now authorized.

The Treasury Department’s Office of Foreign Assets Control deleted the following names from the Specially Designated Nationals List. All were originally added under Syrian Sanctions Regulations.