Sanctions Top-5 for the week ending 29 October 2021

  1. The US Treasury Department released a report summarizing the outcomes of its review of US sanctions policy since 2001. The report outlines a policy framework emphasizing multilateral sanctions, minimizing unintended collateral damage, “ensuring sanctions are easily understood, enforceable, and, where possible, reversible,” and investing in Treasury Department resources and skilled personnel. US sanctions should also be linked to clear policy objectives, the report says. Deputy Treasury Secretary Wally Adeyemo gave more details about the review in his testimony to the Senate Banking Committee. (The full report is available here.)
  2. The US Office of Foreign Assets Control (OFAC) named three individuals in Lebanon, including two businessmen and a member of parliament, as Specially Designated Nationals (SDNs) under Executive Order 13441 for engaging in corruption and “contributing to the breakdown of the rule of law in Lebanon.”
  3. OFAC named four individuals and three entities as SDNs under Executive Orders 13224 (terrorism) and 13382 (weapons of mass destruction) for their support of Iran’s development of unmanned aerial vehicles (UAVs). According to a Treasury Department news release, the UAVs have been used by Iranian-supported militant groups and to attack ships in the region.
  4. The UN Security Council committee established pursuant to resolution 1970 (2011) added one individual to the UN Sanctions List for participating in human rights abuses against African migrants at the al-Nasr Detention Center in Zawiyah, Libya. OFAC also added the individual to the SDN List.
  5. The Government of Kosovo announced an asset freeze and travel ban against seven individuals and one company accused of supporting Hezbollah. The United States and Qatar announced coordinated sanctions against the group last month.

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