The following individual has been added to OFAC's SDN List:

Treasury Department's Office of Foreign Assets Control issued new guidance Feb. 6 on key provisions of the Iran Threat Reduction and Syria Human Rights Act of 2012, and on Humanitarian Assistance and Related Exports to the Iranian People. OFAC published Frequently Asked Questions (here) on key provisions of the Iran Threat Reduction and Syria Human Rights Act that took effect Feb. 6, expanding the scope of sanctionable transactions with the Central Bank of Iran and designated Iranian financial institutions.

The following individual has been added to OFAC's SDN List:

Offshore Marine Laboratories of Gardena, Calif., agreed to pay $97,695 to settle potential civil liability for alleged violations of the Iranian Transactions Regulations and Executive Order 13382 on "Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters," said the Treasury Department's Office of Foreign Assets Control.

The following individual has been added to OFAC's SDN List:

The following individuals have been added to OFAC's SDN List:

The Treasury Department's Office of Foreign Assets Control is removing the name of one individual whose property and interests in property are blocked pursuant to Executive Order 13448 involving blocking property and prohibiting certain transactions related to Burma from the list of Specially Designated Nationals and Blocked Persons, effective Jan. 24.

The following individuals have been added to OFAC's SDN List:

Treasury Department's Office of Foreign Assets Control released its Quarterly Report of Licensing Activities, covering activities undertaken by OFAC for the period from July through September 2012. Among other things, the report includes the number and types of licenses issued and the average time to process each license.

The following individuals have been added to OFAC's SDN List: