First Bank SA, located in Romania, and its U.S. parent company, JC Flowers & Co. (collectively, “Respondent”), have agreed to remit $862,318 to settle potential civil liability for First Bank’s processing of transactions in apparent violation of OFAC’s Iran and Syria sanctions programs.
GL: Companies Medium Alert
Dalian Huachang Shipping
Dalian Huachang Shipping is being owned or controlled by the COSCO Shipping Tanker (Dalian). On January 31, 2020, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury removed sanctions on Dalian Huachang Shipping
Sea Charming Shipping
On March 18, the U.S. Department of State imposed sanctions, pursuant to Executive Order (E.O.) 13846, on Sea Charming Shipping for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran
Aoxing Ship Management
Aoxing Ship Management provide revenue to the regime that it may use to fund terror and other destabilizing activities, such as the recent rocket attacks on Iraqi and Coalition forces located at Camp Taji in Iraq
Elaf Islamic Bank
On July 31, 2012 the Treasury Department imposed sanctions under the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA), against Elaf Islamic Bank, a privately-owned Iraqi financial institution – Medium Alert – Entity sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations
Atlantic Intermodal
Atlantic Intermodal – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
Asia Bank
Asia Bank – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
Pacific Shipping
Pacific Shipping – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
Western Surge Shipping Company Limited
Western Surge Shipping Company Limited – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
Ideal Success Investments Limited
Ideal Success Investments Limited – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
Starry Shine International Limited
Starry Shine International Limited – Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation
