United States:
OFAC Issues New Designations Related To North Korea And Libya
22 November 2018
Cadwalader, Wickersham & Taft LLP
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Pursuant to
Executive Order ("EO") 13722, the U.S. Treasury
Office of Foreign Assets Control ("OFAC") designated a South African national for his
role in helping North Korea acquire oil. OFAC stated that as part
of its "commitment to the final, fully verified
denuclearization of North Korea, Treasury will continue to enforce
and implement sanctions against any actor that seeks to aid the
regime's deceptive practices."
Separately, pursuant to
EO 13726, OFAC designated a Libyan militia leader for
initiating violence in Libya's capital, Tripoli.
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