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

The Treasury Department's Office of Foreign Assets Control released the name of 1 newly-designated entity whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005. The action was effective on May 30, 2012.

The following entities have been added to OFAC's SDN list:

The following entities have been added to OFAC's SDN list:

The following entities have been added to OFAC's SDN list:

The Treasury Department said it froze the assets of the Syria International Islamic Bank, pursuant to Executive Order (E.O.) 13382, for acting for or on behalf of the Commercial Bank of Syria and providing services to the Syrian Lebanese Commercial Bank, both of which are subject to U.S. and international sanctions. SIIB actions have Syria’s largest commercial bank to circumvent sanctions against it by the U.S., the EU and the Arab League, Treasury said.

The following entity has been added to OFAC's SDN list:

The Treasury Department Financial Crimes Enforcement Network is proposing to put restrictions on a bank in Belarus that it accuses of being involved in money laundering. The proposed restrictions for the bank, JSC CredexBank, involve provision 1 on recordkeeping and reporting of certain financial transactions; and provision 5, a prohibition or conditions on the opening or maintaining of correspondent or payable through accounts.

The Office of Foreign Assets Control announced changes to its "Specially Designated Nationals" list. SDNs are (i) individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries or (ii) individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. The assets of listed SDNs are blocked and U.S. persons are generally prohibited from dealing with them.

Genesis Asset Managers agreed to pay $112,500 to settle potential civil liability for an apparent violation of the Iranian Transactions Regulations, 31 C.F.R. part 560, about August 1, 2007, said the Treasury Department Office of Foreign Assets Control.