Skip to content

Global Magnitsky designations, NS-CCMC updates, and CCMC License

January 08, 2021

OFAC has posted a Notice of Recent Actions announcing its designation of an Iraqi national under its Global Magnitsky sanctions program, and updated its Non-SDN Communist Chinese Military Companies List.

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

AL-FAYYADH, Falih (a.k.a. AL FAYYADH, Falih Faisal Fahad; a.k.a. ALFAYYADH, Faleh; a.k.a. ALFAYYADH, Falih), Iraq; DOB 27 Mar 1956; POB Iraq; nationality Iraq; Gender Male; Passport D1019262 (Iraq) expires 14 Jul 2026 (individual) [GLOMAG].

OFAC also reported it had issued Communist Chinese Military Companies General License 1, "Authorizing Transactions Involving Securities of Certain Communist Chinese Military Companies."

First published on 01/08/2021

Banker Tools View All

A collection of useful resources for various areas of the bank which have been developed by members of the BankersOnline staff or have been created and contributed by users of the BankersOnline site.

Banker Tools

Search OFAC Updates