open-loop-diagram-2017-620x438
More than $12bn (£9.7bn) has been spent on devices, known as open-loop scrubbers, which extract sulphur from the exhaust fumes of ships that run on heavy fuel oil. but dumping the sulphur into the sea [“washwater from exhaust gas cleaning systems”] instead of the air, enabling ships to still use heavy fuel oil. A total of 3,756 ships, both in operation and under order, have already had scrubbers installed according to DNV GL, the world’s largest ship classification company.
Only 23 of these vessels have had closed-loop scrubbers installed, a version of the device that does not discharge into the sea and stores the extracted sulphur in tanks before discharging it at a safe disposal facility in a port.
Under IMO regulations, ships are permitted to use open-loop scrubbers as what they call “equivalents”. These are defined as: “Any fitting, material, appliance or apparatus to be fitted in a ship or other procedures, alternative fuel oils, or compliance methods used as an alternative to that required.”

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2629081

Yaz

YAZ (IMO 9735323), SIG (IMO 9735335), SUDAK (IMO 8943155), PASSAT (IMO 8523242), and OT-2077 (IMO 9025778) and Ivan Okorokov, Karen Stepanyan, and Ilya Loginov sanctioned.

cosco-shipping-vlcc

The surprise move, affecting one of the world’s largest energy shippers, operating more than 50 supertankers, comes as U.S. President Donald Trump seeks to exert maximum pressure on Iran to drop nuclear programs. In what the State Department called “one of the largest sanctions actions the U.S. has taken” since curbs were re-imposed on Iran in November last year, two units of COSCO were named alongside other companies in claims of involvement in sanctions-busting shipments of Iranian oil.
COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co. were determined by the Secretary of State on September 25, 2019, to meet thecriteria for the imposition of sanctions under Executive Order (E.O.) 13846.
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/iran_r_action_faq_0925019.pdf

The US Treasury Department also announced September 26 2019 that China Concord Petroleum Co., Kunlun Holding Co., Kunlun Shipping Co. and Pegasus 88 and five executives had been added to the Office of Foreign Assets Control’s specially designated nationals and blocked persons list.

[September 21 2019 LI Shangfu (Chinese Simplified: 李尚福) added to SDN, purchased Russian ]

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

LI, Shangfu (Chinese Simplified: 李尚福); DOB 01 Feb 1958 to 28 Feb 1958; POB Chengdu, Sichuan Province, China; citizen China; Gender Male; CAATSA Section 235 Information: FOREIGN EXCHANGE. Sec 235(a)(7); alt. CAATSA Section 235 Information: BANKING TRANSACTIONS. Sec 235(a)(8); alt. CAATSA Section 235 Information: EXCLUSION OF CORPORATE OFFICERS. Sec 235(a)(11); alt. CAATSA Section 235 Information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec 235(a)(9); Director of Equipment Development Department (individual) [CAATSA – RUSSIA] (Linked To: EQUIPMENT DEVELOPMENT DEPARTMENT).

 

[   Russia threatens attack ‘by other means’ against U.S. sanctions   ]

9934a6a413764d75a913fe8bf764c732

Central Bank of Russia

A ban on Russian state-owned banks’ operations or on their use of one or another currency follows, it would be possible to clearly call it a declaration of economic war,” said Dmitry Medvedev, Russian prime minister. Legislation introduced last week in draft form by Republican and Democratic senators proposes curbs on the operations of several state-owned Russian banks in the United States and restrictions on their use of the dollar.”And it would be necessary, it would be needed to react to this war economically, politically, or, if needed, by other means. And our American friends need to understand this,” he said’

Six senators — three Republicans and three Democrats — led by Republican Lindsey Graham penned the DASKAA legislation. “The sheer momentum building behind these various bills means that it is becoming very likely something gets passed,” a sovereign strategist said.

[ August 16 New U.S. sanctions against banks ]

The following administrative changes have been made to OFAC’s SDN List:

BANK OF EAST LAND (a.k.a. DONGBANG BANK; a.k.a. TONGBANG BANK; a.k.a. TONGBANG U’NHAENG), PO Box 32, BEL Building, Jonseung-Dong, Moranbong District, Pyongyang, Korea, North; SWIFT/BIC BOEL KP PY [DPRK]. -to- BANK OF EAST LAND (a.k.a. DONGBANG BANK; a.k.a. TONGBANG BANK; a.k.a. TONGBANG U’NHAENG), PO Box 32, BEL Building, Jonseung-Dong, Moranbong District, Pyongyang, Korea, North; SWIFT/BIC BOELKPPY [DPRK].

BANK ROSSIYA (a.k.a. AB ROSSIYA, OAO; f.k.a. AKTSIONERNY BANK RUSSIAN FEDERATION; a.k.a. OTKRYTOE AKTSIONERNOE OBSHCHESTVO AKTSIONERNY BANK ROSSIYA), 2 Liter A Pl. Rastrelli, Saint Petersburg 191124, Russia; SWIFT/BIC ROSY RU 2P; Website http://www.abr.ru; Email Address bank@abr.ru; Registration ID 1027800000084 (Russia); Tax ID No. 7831000122 (Russia); Government Gazette Number 09804148 (Russia) [UKRAINE-EO13661]. -to- BANK ROSSIYA (a.k.a. AB ROSSIYA, OAO; f.k.a. AKTSIONERNY BANK RUSSIAN FEDERATION; a.k.a. OTKRYTOE AKTSIONERNOE OBSHCHESTVO AKTSIONERNY BANK ROSSIYA), 2 Liter A Pl. Rastrelli, Saint Petersburg 191124, Russia; SWIFT/BIC ROSYRU2P; Website http://www.abr.ru; Email Address bank@abr.ru; Registration ID 1027800000084 (Russia); Tax ID No. 7831000122 (Russia); Government Gazette Number 09804148 (Russia) [UKRAINE-EO13661].

CHEIL CREDIT BANK (a.k.a. FIRST CREDIT BANK; f.k.a. “KYONGYONG CREDIT BANK”), 3-18 Pyongyang Information Center, Potonggang District, Pyongyang, Korea, North; Beijing, China; Shenyang, China; Shanghai, China; SWIFT/BIC KYCBKPPYXXX [DPRK4]. -to- CHEIL CREDIT BANK (a.k.a. FIRST CREDIT BANK; f.k.a. “KYONGYONG CREDIT BANK”), 3-18 Pyongyang Information Center, Potonggang District, Pyongyang, Korea, North; Beijing, China; Shenyang, China; Shanghai, China; SWIFT/BIC KYCBKPPY [DPRK4].

COMMERCIAL BANK OF SYRIA, P.O. Box 933, Yousef Azmeh Square, Damascus, Syria; Aleppo Branch, P.O. Box 2, Kastel Hajjarin St., Aleppo, Syria; Damascus Branch, P.O. Box 2231, Moawiya St., Damascus, Syria; SWIFT/BIC CMSY SY DA; all offices worldwide [NPWMD]. -to- COMMERCIAL BANK OF SYRIA, P.O. Box 933, Yousef Azmeh Square, Damascus, Syria; Aleppo Branch, P.O. Box 2, Kastel Hajjarin St., Aleppo, Syria; Damascus Branch, P.O. Box 2231, Moawiya St., Damascus, Syria; SWIFT/BIC CMSYSYDA; all offices worldwide [NPWMD].

DAEDONG CREDIT BANK (a.k.a. DAE-DONG CREDIT BANK; a.k.a. DCB; a.k.a. TAEDONG CREDIT BANK), Suite 401, Potonggang Hotel, Ansan-Dong, Pyongchon District, Pyongyang, Korea, North; Ansan-dong, Botongang Hotel, Pongchon, Pyongyang, Korea, North; SWIFT/BIC DCBK KPPY [NPWMD]. -to- DAEDONG CREDIT BANK (a.k.a. DAE-DONG CREDIT BANK; a.k.a. DCB; a.k.a. TAEDONG CREDIT BANK), Suite 401, Potonggang Hotel, Ansan-Dong, Pyongchon District, Pyongyang, Korea, North; Ansan-dong, Botongang Hotel, Pongchon, Pyongyang, Korea, North; SWIFT/BIC DCBKKPPY [NPWMD].

FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA (a.k.a. KOREA TRADE BANK; a.k.a. MOOYOKBANK; a.k.a. NORTH KOREA’S FOREIGN TRADE BANK), FTB Building, Jungsong-dong, Central District, Pyongyang, Korea, North; SWIFT/BIC FTBD KP PY [NPWMD] [DPRK3]. -to- FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA (a.k.a. KOREA TRADE BANK; a.k.a. MOOYOKBANK; a.k.a. NORTH KOREA’S FOREIGN TRADE BANK), FTB Building, Jungsong-dong, Central District, Pyongyang, Korea, North; SWIFT/BIC FTBDKPPY [NPWMD] [DPRK3].

HANA BANKING CORPORATION LTD (a.k.a. BRILLIANCE BANKING CORPORATION, LTD.; a.k.a. GORGEOUS BANK OF NORTH KOREA; a.k.a. HUALI BANK (Chinese Simplified: 朝鲜华丽银行); a.k.a. HWARYO BANK (Korean: 화려은행)), Haebangsan Hotel, Jungsong-Dong, Sungri Street, Central District, Pyongyang, Korea, North; Dandong, China; SWIFT/BIC BRBKKPP1XXX [DPRK3]. -to- HANA BANKING CORPORATION LTD (a.k.a. BRILLIANCE BANKING CORPORATION, LTD.; a.k.a. GORGEOUS BANK OF NORTH KOREA; a.k.a. HUALI BANK (Chinese Simplified: 朝鲜华丽银行); a.k.a. HWARYO BANK (Korean: 화려은행)), Haebangsan Hotel, Jungsong-Dong, Sungri Street, Central District, Pyongyang, Korea, North; Dandong, China; SWIFT/BIC BRBKKPP1 [DPRK3].

IS BANK, AO (a.k.a. AKTSIONERNOE OBSHCHESTVO KOMMERCHESKI BANK INDUSTRIALNY SBEREGATELNY BANK; f.k.a. CLOSED JOINT STOCK COMPANY COMMERCIAL BANK ‘INDUSTRIAL SAVINGS BANK’; a.k.a. JOINT-STOCK COMPANY COMMERCIAL BANK ‘INDUSTRIAL SAVINGS BANK’; a.k.a. JSC CB ‘IS BANK’), Eldoradovsky per 7, Moscow 125167, Russia; 29/UL, prospect Kirova, Simferopol, Crimea 295011, Ukraine; Building 160, Office 104, Kievskaya Street, Simferopol, Crimea 295493, Ukraine; Building 25, Lenin Street, Kerch, Crimea 298300, Ukraine; SWIFT/BIC RISB RU MM; BIK (RU) 044525349; Registration ID 1027739339715 (Russia); Tax ID No. 7744001673 (Russia); Government Gazette Number 40199908 (Russia) [UKRAINE-EO13685]. -to- IS BANK, AO (a.k.a. AKTSIONERNOE OBSHCHESTVO KOMMERCHESKI BANK INDUSTRIALNY SBEREGATELNY BANK; f.k.a. CLOSED JOINT STOCK COMPANY COMMERCIAL BANK ‘INDUSTRIAL SAVINGS BANK’; a.k.a. JOINT-STOCK COMPANY COMMERCIAL BANK ‘INDUSTRIAL SAVINGS BANK’; a.k.a. JSC CB ‘IS BANK’), Eldoradovsky per 7, Moscow 125167, Russia; 29/UL, prospect Kirova, Simferopol, Crimea 295011, Ukraine; Building 160, Office 104, Kievskaya Street, Simferopol, Crimea 295493, Ukraine; Building 25, Lenin Street, Kerch, Crimea 298300, Ukraine; SWIFT/BIC RISBRUMM; BIK (RU) 044525349; Registration ID 1027739339715 (Russia); Tax ID No. 7744001673 (Russia); Government Gazette Number 40199908 (Russia) [UKRAINE-EO13685].

JOINT STOCK COMMERCIAL BANK RUBLEV (a.k.a. AKTSIONERNOE OBSHCHESTVO KOMMERCHESKI BANK RUBLEV; a.k.a. BANK RUBLEV; a.k.a. JSC CB ‘RUBLEV’; a.k.a. RUBLEV BANK), Elokhovsky passage, Building 3, p. 2, Metro – Baumanskaya, Moscow 105066, Russia; 12 Sevastopol Street, Simferopol, Crimea, Ukraine; 6 Gogol Street, Sevastopol, Crimea, Ukraine; SWIFT/BIC COUE RU MM; BIK (RU) 044525253; Registration ID 1027700159233 (Russia); Tax ID No. 7744001151 (Russia); Government Gazette Number 40100094 (Russia) [UKRAINE-EO13685]. -to- JOINT STOCK COMMERCIAL BANK RUBLEV (a.k.a. AKTSIONERNOE OBSHCHESTVO KOMMERCHESKI BANK RUBLEV; a.k.a. BANK RUBLEV; a.k.a. JSC CB ‘RUBLEV’; a.k.a. RUBLEV BANK), Elokhovsky passage, Building 3, p. 2, Metro – Baumanskaya, Moscow 105066, Russia; 12 Sevastopol Street, Simferopol, Crimea, Ukraine; 6 Gogol Street, Sevastopol, Crimea, Ukraine; SWIFT/BIC COUERUMM; BIK (RU) 044525253; Registration ID 1027700159233 (Russia); Tax ID No. 7744001151 (Russia); Government Gazette Number 40100094 (Russia) [UKRAINE-EO13685].

JOINT-STOCK COMPANY COMMERCIAL BANK NORTH CREDIT (a.k.a. JSC CB NORTH CREDIT; a.k.a. NORTH CREDIT BANK), Building 27, Herzen Street, Vologda, Vologda Oblast 160000, Russia; Building 29a, Zhelyabova Street, Simferopol, Crimea 295011, Ukraine; ul. Gertsena 27, Vologda, Vologodskaya Oblast 160000, Russia; SWIFT/BIC NOCR RU 21; BIK (RU) 041909769; Registration ID 1022900001772 (Russia); Tax ID No. 2901009852 (Russia) [UKRAINE-EO13685]. -to- JOINT-STOCK COMPANY COMMERCIAL BANK NORTH CREDIT (a.k.a. JSC CB NORTH CREDIT; a.k.a. NORTH CREDIT BANK), Building 27, Herzen Street, Vologda, Vologda Oblast 160000, Russia; Building 29a, Zhelyabova Street, Simferopol, Crimea 295011, Ukraine; ul. Gertsena 27, Vologda, Vologodskaya Oblast 160000, Russia; SWIFT/BIC NOCRRU21; BIK (RU) 041909769; Registration ID 1022900001772 (Russia); Tax ID No. 2901009852 (Russia) [UKRAINE-EO13685].

KOREA DAESONG BANK (a.k.a. CHOSON TAESONG UNHAENG; a.k.a. TAESONG BANK), Segori-dong, Gyongheung St., Potonggang District, Pyongyang, Korea, North; SWIFT/BIC KDBK KP PY; PHONE 850 2 381 8221; PHONE 850 2 18111 ext. 8221; FAX 850 2 381 4576; TELEX 360230 and 37041 KDP KP; TGMS daesongbank; EMAIL kdb@co.chesin.com [DPRK]. -to- KOREA DAESONG BANK (a.k.a. CHOSON TAESONG UNHAENG; a.k.a. TAESONG BANK), Segori-dong, Gyongheung St., Potonggang District, Pyongyang, Korea, North; SWIFT/BIC KDBKKPPY; PHONE 850 2 381 8221; PHONE 850 2 18111 ext. 8221; FAX 850 2 381 4576; TELEX 360230 and 37041 KDP KP; TGMS daesongbank; EMAIL kdb@co.chesin.com [DPRK].

REAL ESTATE BANK (a.k.a. REAL-ESTATE BANK), P.O. Box 2337, Insurance Bldg., Youssef Alazma Square, Damascus, Syria; Syrian General Insurance Company Building, Youssef Al Azmeh Square, P.O. Box 2337, Damascus, Syria; SWIFT/BIC REBS SY DA [SYRIA]. -to- REAL ESTATE BANK (a.k.a. REAL-ESTATE BANK), P.O. Box 2337, Insurance Bldg., Youssef Alazma Square, Damascus, Syria; Syrian General Insurance Company Building, Youssef Al Azmeh Square, P.O. Box 2337, Damascus, Syria; SWIFT/BIC REBSSYDA [SYRIA].

RUSSIAN NATIONAL COMMERCIAL BANK (a.k.a. RNKB OAO; a.k.a. ROSSISKI NATSIONALNY KOMMERCHESKI BANK OTKRYTOE AKTSIONERNOE OBSHCHESTVO; a.k.a. “RNCB”), d. 9 korp. 5 ul.Krasnoproletarskaya, Moscow 127030, Russia; SWIFT/BIC RNCO RU MM; Website http://www.rncb.ru; Email Address rncb@rncb.ru; BIK (RU) 044525607; Registration ID 1027700381290 (Russia); Tax ID No. 7701105460 (Russia); Government Gazette Number 09610705 (Russia) [UKRAINE-EO13685]. -to- RUSSIAN NATIONAL COMMERCIAL BANK (a.k.a. RNKB OAO; a.k.a. ROSSISKI NATSIONALNY KOMMERCHESKI BANK OTKRYTOE AKTSIONERNOE OBSHCHESTVO; a.k.a. “RNCB”), d. 9 korp. 5 ul.Krasnoproletarskaya, Moscow 127030, Russia; SWIFT/BIC RNCORUMM; Website http://www.rncb.ru; Email Address rncb@rncb.ru; BIK (RU) 044525607; Registration ID 1027700381290 (Russia); Tax ID No. 7701105460 (Russia); Government Gazette Number 09610705 (Russia) [UKRAINE-EO13685].

SYRIA INTERNATIONAL ISLAMIC BANK (a.k.a. SIIB; a.k.a. SYRIAN INTERNATIONAL ISLAMIC BANK), Syria International Islamic Building , Main Highway Road, Al Mazzeh Area, P.O. Box 35494, Damascus , Syria; PO Box 35494, Mezza’h Vellat Sharqia’h, beside the Saudi Arabia Consulate , Damascus , Syria; SWIFT/BIC SIIB SY DA; all offices worldwide [NPWMD]. -to- SYRIA INTERNATIONAL ISLAMIC BANK (a.k.a. SIIB; a.k.a. SYRIAN INTERNATIONAL ISLAMIC BANK), Syria International Islamic Building , Main Highway Road, Al Mazzeh Area, P.O. Box 35494, Damascus , Syria; PO Box 35494, Mezza’h Vellat Sharqia’h, beside the Saudi Arabia Consulate , Damascus , Syria; SWIFT/BIC SIIBSYDA; all offices worldwide [NPWMD].

SYRIAN LEBANESE COMMERCIAL BANK, Hamra, Makdessi Street, SLCB Building, P.O. Box 113-5127/11-8701, Beirut, Lebanon; Hamra Branch, Hamra St., Darwish and Fakhro Building, P.O. Box 113-5127/11-8701, Beirut, Lebanon; Mar Elias Branch, Mar Elias Street, Fakhani Building, P.O. Box 145 796, Beirut, Lebanon; SWIFT/BIC SYLC LB BE [NPWMD]. -to- SYRIAN LEBANESE COMMERCIAL BANK, Hamra, Makdessi Street, SLCB Building, P.O. Box 113-5127/11-8701, Beirut, Lebanon; Hamra Branch, Hamra St., Darwish and Fakhro Building, P.O. Box 113-5127/11-8701, Beirut, Lebanon; Mar Elias Branch, Mar Elias Street, Fakhani Building, P.O. Box 145 796, Beirut, Lebanon; SWIFT/BIC SYLCLBBE [NPWMD].

VVB, PAO (f.k.a. COMMERCIAL JOINT-STOCK INCORPORATION BANK YAROSLAVICH; f.k.a. KOMMERCHESKI BANK YAROSLAVICH, PAO; a.k.a. PJSC BANK VVB; a.k.a. PUBLIC JOINT-STOCK COMPANY BANK VVB; a.k.a. PUBLICHNOE AKTSIONERNOE OBSHCHESTVO BANK VVB; a.k.a. PUBLICHNOYE JOINT-STOCK COMPANY BANK VVB), 3A ul., 4-ya Bastionnaya, Sevastopol, Crimea 299011, Ukraine; Voronina, 10, Sevastopol, Crimea 299011, Ukraine; 39A Ul. Suvorova, Sevastopol, Crimea, Ukraine; 5 Per. Pionerskiy, Simferopol, Crimea, Ukraine; SWIFT/BIC YARO RU 21; BIK (RU) 046711106; alt. BIK (RU) 043510133 [UKRAINE-EO13685]. -to- VVB, PAO (f.k.a. COMMERCIAL JOINT-STOCK INCORPORATION BANK YAROSLAVICH; f.k.a. KOMMERCHESKI BANK YAROSLAVICH, PAO; a.k.a. PJSC BANK VVB; a.k.a. PUBLIC JOINT-STOCK COMPANY BANK VVB; a.k.a. PUBLICHNOE AKTSIONERNOE OBSHCHESTVO BANK VVB; a.k.a. PUBLICHNOYE JOINT-STOCK COMPANY BANK VVB), 3A ul., 4-ya Bastionnaya, Sevastopol, Crimea 299011, Ukraine; Voronina, 10, Sevastopol, Crimea 299011, Ukraine; 39A Ul. Suvorova, Sevastopol, Crimea, Ukraine; 5 Per. Pionerskiy, Simferopol, Crimea, Ukraine; SWIFT/BIC YARORU21; BIK (RU) 046711106; alt. BIK (RU) 043510133 [UKRAINE-EO13685].

https://home.treasury.gov/news/press-releases/sm458

Russian laundromat: ABN Amro

26 September, 2019

ABN Amro (ABNd.AS) is being investigated for involvement in a money laundering network which allegedly channeled billions of euros from Russia. Around 13 billion euros ($14.2 billion) was laundered each year through The Netherlands between 2004 and 2014, a sum equivalent to roughly 2% of Dutch GDP.

[September 26 2019 Aivar Rehe dead, Deutsche Bank raided ]
aivar-rehe-otsingud-jatkuvad-87525149
The body of Aivar Rehe, former head of Danske Bank in Estonia, who was a witness in an investigation into a €200bn (£177bn) money-laundering scandal, has been found in an apparent suicide.
German authorities have raided Deutsche Bank’s (DBKGn.DE) Frankfurt headquarters in search of information related to Danske Bank (DANSKE.CO) and a money laundering scandal,
Deutsche Bank had alerted authorities to 1.1 million suspicious transactions, prosecutors said.
Prosecutors also said that a double-digit number of transactions, with a volume of 12.5 million euros, were either registered by Deutsche too late with authorities, or the bank should have blocked them from the start.

[March 17 2019 Deutsche Bank internal report ]
launder - Edited

Deutsche Bank asked two in-house financial crime investigators – Philippe Vollot and Hinrich Völcker – report on the Russian Laundromat.. Their nine-page presentation was shared last year with the audit committee of the bank’s supervisory board and is marked “strictly confidential”.

The pair identified numerous “high-risk entities”. They included 1,244 in the US, 329 in the UK and 950 in Germany. These entities were responsible for nearly 700,000 transactions, the report says, involving at least £62m in the UK, $47m in the US, and €55m in Germany.

As part of its investigation, Deutsche Bank sent 149 “suspicious activity reports” to the National Crime Agency in London. Similar disclosures of potential money-laundering transactions were made to authorities in the US and elsewhere – with 30 private and corporate Deutsche Bank clients reported. Some may have been “unknowingly used”, the report says.

[  Troika Dialog, Quantus Division, Ltd[BVI] $billions out of Russia   ]

The system dubbed the Troika Laundromat by the Organized Crime and Corruption Reporting Project involved at least 75 offshore companies and exported about $4.8 billion between 2006 and 2013, often through fictional deals, with help from a now-defunct Lithuanian bank, according to the OCCRP’s investigative journalists.

The oligarch, Ruben Vardanyan, is the former boss of Moscow investment bank Troika Dialog. The payments were from a company called Quantus Division Ltd, registered in the British Virgin Islands, which is revealed today to have been part of a network of offshore companies that sent billions of dollars out of Russia.

The network was managed by a Moscow investment bank, Troika Dialog, whose chief executive at the time was Mr Vardanyan, who was the 99th richest man in Russia two years ago,

[December 19 2018  U.S.Sanctions- Oleg Deripaska real estate seized — Rusal sanctions lifted   ]

olegd

Oleg Deripaska

12/19/2018
Today, OFAC submitted a notification to Congress of its intention to terminate the sanctions imposed on En+ Group plc (“En+”), UC Rusal plc (“Rusal”), and JSC EuroSibEnergo (“ESE”) in 30 days…to remove sanctions on Russian billionaire Oleg Deripaska’s aluminum company, United Co. Rusal, after reaching an agreement to significantly reduce his ownership stake.

Deripaska will remain under U.S. sanctions and his property will remain blocked,

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20181219_33.aspx

[October 8 2018]

Washington has frozen Oleg Deripaska’s US-based assets, including massive mansions in Manhattan and Washington, DC. But the feds are also negotiating with him to give up some of his European-based operations to keep them running free of sanctions, Treasury officials say.

Deripaska’s US assets include a mansion at 11 East 64th St.
FBI agents tried unsuccessfully to flip Deripaska in exchange for information on Russian organized crime — and Russia’s aid to President Trump’s 2016 campaign, the New York Times reported last month.
In an affidavit attached to a July 2017 application, an FBI agent said he had reviewed tax returns for a company controlled by Manafort and his wife that showed a $10 million loan from a Russian lender identified as Oleg Deripaska. When Manafort joined the Trump campaign, he owed Deripaska close to $20 million, according to legal complaints Deripaska’s lawyers filed in the Cayman Islands and New York

[ September 2018  Abramovich divorced then transferred holdings to her   ]

Listed by Treasury as Putin-related oligarch, Roman Abramovich has transferred Manhattan property to his  ex-wife (2017).

On Sept. 14, the city recorded the transfer of the three townhouses at 9, 11 and 13 E. 75th St. from Roman Abramovich to Dasha Zhukova for a total $74 million. In addition, Abramovich transferred 15 E. 75th St. to Zhukova for $16.5 million. (11, 13 and 15 are the ones being combined after June approval from the Landmarks Preservation Commission.)

Abramovich also transferred a fourth floor co-op at 225 E. 73rd St. to Zhukova for $900,000, as well as another first floor co-op at 215 E. 73rd St. for another $900,000, according to property records.

[April 22   Oerlikon is neither sanctioned nor blocked   ]

b77e55769d8dad9e6ea8d8c41c7c27bf_400x400

The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury has identified Viktor F. Vekselberg and Renova Group, Moscow, as specially designated nationals pursuant to US sanctions rules, effective April 6, 2018.

Viktor F. Vekselberg indirectly holds an interest of 43.04 % in Oerlikon. Pursuant to the regulations of the OFAC of the US Department of the Treasury, Oerlikon is neither considered a sanctioned nor a blocked party because Mr. Vekselberg’s ownership interest in Oerlikon is less than 50 %. US persons and entities, as well as any other persons and entities, are therefore not restricted in their dealings with Oerlikon or in investing in Oerlikon. Press release(04/09/18).

Assets totaling between $1.5 billion and $2 billion have been frozen as a result of sanctions imposed on Russian oligarch Viktor Vekselberg and his Renova Group conglomerate, Renova, which is headquartered in Moscow and has a subsidiary in Zurich, intends to maintain its Swiss holdings, which include a stake in Oerlikon (OERL.S).

[ April 10 Oleg Deripaska is a SDN. What does that mean? ]

Image result for EN+Image result for NornickelImage result for Rusal

 “We [Oleg Kouzmin and Daniel Salter] note that the fundamentals surrounding the Russian market remain mostly unchanged and that Russian equities still provide among the healthiest dividend returns globally. We would thus ignore the current jitters and buy into the current weakness, particularly with dividend season almost upon us.”

The economic impact of the new sanctions was also unclear and analysts said it was too early to revise forecasts.

[April 7]

SDN stands for “Specially Designated National.” In its statement announcing the sanctions, the U.S. Treasury Department said U.S. entities will be “generally prohibited from dealings with” the people and firms on the sanctions list.

In addition, it said, companies outside the United States “could face sanctions for knowingly facilitating significant transactions for or on behalf of” sanctioned entities.
Deripaska, with a net worth of $6.7 billion, is the main owner of the conglomerate EN+, which in turn is the co-owner of some of the world’s biggest metals producers, Rusal and Nornickel.

Hong Kong-listed Rusal is one of the world’s biggest aluminum producers. It says exports to the United States account for over 10 percent of its output.

Rusal owns assets in Italy, Ireland, Sweden, Nigeria, Guyana, Guinea. It owns a stake in Australian QAL, the world’s top alumina refinery.

Nornickel has assets in Finland, in Australia, where it holds a license to develop the Honeymoon Well Project, and in South Africa, where it has a 50 percent stake in the country’s only nickel concentrate producer, Norilsk Nickel Nkomati.

Swiss-headquartered Glencore is a shareholder in Rusal, and his said it plans to switch those shares to Deripaska’s newly-created holding company, EN+. According to a Rusal prospectus, its major customers include Glencore, Toyota, and Rio Tinto Alcan.

Other foreign firms with ties to Deripaska’s empire include Austrian construction company Strabag, in which the Russian’s firm Rasperia has a blocking stake, and Singapore’s Changi Airports International, which is a partner with a Deripaska-owned airports firm.

https://www.nbcnews.com/business/business-news/coca-cola-about-cost-you-more-thanks-trump-s-tariffs-n894951

[April 6 Oligarchs and Russian meddlers sanctioned: up to April 6 2018 ]

meddler

Yevgeniy Viktorovich Prigozhin

AKIMOV, Andrey Igorevich,
BOGDANOV, Vladimir Leonidovich,
DERIPASKA, Oleg Vladimirovich,
DYUMIN, Alexey Gennadyevich (a.k.a. DYUMIN, Alexei),
FRADKOV, Mikhail Efimovich (Cyrillic: ФРАДКОВ, Михаил Ефимович),
FURSENKO, Sergei (a.k.a. FURSENKO, Sergey; a.k.a. FURSENKO, Sergey Aleksandrovich);
GOVORUN, Oleg,
KERIMOV, Suleiman Abusaidovich (Cyrillic: КЕРИМОВ, Сулейман Абусаидович) (a.k.a. KERIMOV, Suleyman)
KOLOKOLTSEV, Vladimir Alexandrovich,
KOSACHEV, Konstantin,
KOSTIN, Andrey Leonidovich,
LEONE MARTINEZ, Miguel Jose (a.k.a. LEONE, Miguel),
MILLER, Alexey Borisovich,
PATRUSHEV, Nikolai Platonovich,
PEREZ ALVEAR, Jesus (a.k.a. “Chucho Perez”),
REZNIK, Vladislav Matusovich,
ROTENBERG, Igor Arkadyevich (a.k.a. ROTENBERG, Igor Arkadevich)
SHAMALOV, Kirill Nikolaevich
SHKOLOV, Evgeniy Mikhailovich
SKOCH, Andrei Vladimirovich (a.k.a. SKOCH, Andrey)
TORSHIN, Alexander Porfiryevich,
USTINOV, Vladimir Vasilyevich,
VALIULIN, Timur Samirovich,
VEKSELBERG, Viktor Feliksovich,
ZHAROV, Alexander Alexandrovich (a.k.a. ZHAROV, Aleksandr)
ZOLOTOV, Viktor Vasiliyevich,

• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZGroup
• Gazprom Burenie, 000
• Ladoga Menedzhment, 000
• NPV Engineering Open Joint Stock Company
• Renova Group
~ Russian Machines
~ United Company RUSAL PLC
• Any other entity in which one or more of the above persons own, directly or indirectly,
a 50 percent or greater interest

e, all transactions and activities
otherwise prohibited by the Ukraine Related Sanctions Regulations, 31 C.F.R. part 589, that are
ordinarily incident and necessary to divest or transfer debt, equity, or other holdings in the following
blocked persons to a non-U.S. person, or to facilitate the transfer of debt, equity, or other holdings in
the following blocked persons by a non-U.S. person to another non-U.S. person, are authorized through
12:01 a.m. eastern daylight time, May 7, 2018:
• EN+ Group PLC
• GAZ Group
• United Company RUSAL PLC

https://home.treasury.gov/news/press-releases/sm0338

[ March 15 targets are the same as Mueller’s? ]

Targets are the same as those identified by an indictment by Robert Mueller?

Internet Research Agency LLC

Yevgeniy Viktorovich Prigozhin
Concord Management and Consulting LLC
Concord Catering
Dzheykhun Nasimi Ogly Aslanov
Anna Vladislavovna Bogacheva
Maria Anatolyevna Bovda
Robert Sergeyevich Bovda
Mikhail Leonidovich Burchik
Mikhail Ivanovich Bystrov
Irina Viktorovna Kaverzina
Aleksandra Yuryevna Krylova
Vadim Vladimirovich Podkopaev
Sergey Pavlovich Polozov
Gleb Igorevich Vasilchenko
Vladimir Venkov

Officials
Sergei Afanasyev
Vladimir Alexseyev
Sergey Gizunov
Igor Korobov
Igor Kostyukov
Grigoriy Molchanov

https://home.treasury.gov/news/press-releases/sm0312

[February 1 Oligarchs listed by U.S. Treasury – from Forbes ]

Yevgeniy Kasperskiy

“A lot of work had gone into compiling the original list, but  someone high up in the administration had ordered for it to be binned and replaced by the Forbes-based list.

In an emailed statement to Forbes, a Treasury spokesperson explained that the unclassified report was derived from open sources, including Forbes and others

UNCLASSIFIED

Appendix B: List of Oligarchs

1 Aleksandr Abramov
2. Roman Abramovich
3. Araz Agalarov
4. Farkhad Akhmedov
5. Vagit Alekperov
6. Igor Altushkin
7. Aleksey Ananyev
8. Dmitriy Ananyev
9. Vasiliy Anisimov
10. Roman Avdeyev
11 Petr Aven
12. Yelena Baturina
13. Aleksey Bogachev
14. Vladimir Bogdanov
15. Leonid Boguslayskiy
16. Andrey Bokarev
17. Oleg Boyko
18. Nikolay Buynov
19. Oleg Deripaska
20. Aleksandr Dzhaparidze
21. Leonid Fedun
22. Gleb Fetisov
23 Mikhail Fridman
24. Aleksandr Frolov
25. Filaret Galchev
26. Sergey Galaskiy
27 Valentin Gapontsev
28. Sergey Gordeyev
29. Andrey Guryev
30, Yuriy Gushchin
31. Mikhail Gutseriyev
32. Sait-Salam Gutseriyev
33. Zarakh Iliyev
34. Dmitriy Kamenslichik
35. Vyacheslav Kantor
36. Samuel Karapetyan
37. Yevgeniy Kasperskiy
38. Sergey Katsiyev
39 Suleyman Kerimov
40. Igor Kesayev
41. Danil Khachaturov
42. German Khan
43. Viktor Kharitonin
44. Aleksandr Klyachin
45. Petr Kondrashev
UNCLASSIFIED

UNCLASSIFIED

46. Andrey Kosogov
47 Yuriy Kovalchuk*
48 Andrey Kozitsyn
49. Aleksey Kuzmichev
50. Lev Kvetnoy
51 Vladimir Lisin
52. Anatoliy Lomakm
53 Ziyavudin Magomedov
54. Igor Makarov
55 Iskander Makhmudov
56. Aleksandr Mamut
57 Andrey Melnichenko
58. Leonid Mikhelson
59 Yuriy Milner
60. Boris Mints
61. Andrey Molchanov
62. Aleksey Mordashov
63. Vadim Moshkovich
64. Aleksandr Nesis
65. God Nisanov
66. Aleksandr Ponomarenko
67, Sergey Popov
67, Sergey Popov
68. Vladimir Potanin
69. Mikhail Prokhorov
70. Dmitriy Pumpyanskiy
71. Megdet Ralchimkulov
72. Andrey Rappoport
73 Viktor Rashnikov
74. Arkadiy Rotenberg*
75. Boris Rotenberg*
76. Dmitriy Rybolovlev
77. Ayrat Shaymiyev
78. Radik Shaymiyev
79 Kirin Shamalov
80. Yuriy Sheller
81. Albert Shigabutdinov
82. Mikhail Shishkhanov
83. Leonid Simanovskiy
84. Andrey Skoch
85. Aleksandr Skorobogatko
86. Rustem Sulteyev
86. Rustem Sulteyev
87 Aleksandr Svetakov
88. Gennadiy Timchenko*
89. Oleg Tinkov
90. Roman Trotsenko
91 Alisher Usmanov
92. Viktor Vekselberg
93. Arkadiy Volozh
94. Vadim Yakunin
95. Vladimir Yevtushenkov
96. Gavril Yushvayev

UNCLASSIFIED
3

https://www.dailymail.co.uk/news/article-5634145/Putin-linked-Russian-billionaires-bid-hide-183m-superyacht-ex-wife-fails.html

Screenshot 2019-09-24 at 10.12.08 AM - Edited
PRU’s 2006 reorganization of its mutual fund business  created a conflict of interest because the company benefited while the funds lost income from securities lending. Prudential subsidiaries PGIM Investments and AST Investment Services have paid out a combined $187 million after the Securities and Exchange Commission (SEC) charged the firms with misleading fund shareholders.  PRU, which does not admit or deny the claims, will pay a $32.6M settlement and reimburse more than $155M to the funds.

https://www.sec.gov/news/press-release/2019-176

https://www.sec.gov/litigation/admin/2019/ia-5346.pdf

Fosse/Verdon: lit the world?

22 September, 2019

[June 6 2019]
Michelle Williams is expected to receive an Emmy nomination for Fosse/Verdon when they are announced next month. It would be her first. The show, though, hasn’t exactly lit the world on fire the way Murphy’s shows are pop culture centerpieces, and it lags behind “Fargo” in critical acclaim, standing at a serviceable 68 on Metacritic. But “Fosse/Verdon” did have its best episode of the season with the seventh hour, which focused on Bob Fosse (Rockwell) and Gwen Verdon‘s (Williams) original production of “Chicago” and featured a dynamite turn from Williams. Yahoo Entertainment/Goldderby.com

*5/31/19 update: The series came to a natural conclusion so it’s clear that there won’t be a second season of Fosse/Verdon.

fosse-verdon-fx-season-1-ratings

4/9/2019 01-01 0.13[18-49 demo]                  0.614[Viewers(mil) ]

4/16/2019 01-02 0.10[18-49 Demo] -23.08% 0.425[mil] -30.78%[%mil change]

4/23/2019 01-03 0.13                           30.00%  0.453           6.59%

4/30/2019 01-04 0.13                             0.00%  0.429            -5.30%

5/7/2019 01-05   0.07                          -46.15%   0.312         -27.27%

5/14/2019 01-06 0.12                            71.43%   0.364          16.67%

5/21/2019 01-07 0.07                            -41.67%  0.367            0.82%

5/28/2019  01-08 0.11                            57.14%   0.495         34.88%

Actress Michelle Williams, now starring in FX’s ‘Fosse/Verdon,’ has separated from musician Phil Elverum, her husband of less than a year.  The news of their split follows rumors of trouble after Williams went sans wedding band at two recent public outings

1104021_15685876931351_rid7

Going forward, Deutsche Bank is expected to report significant restructuring charges in the next few quarters due to its rundown of assets in the CRU unit and may only return to report a meaningful profit in 2021.

[June 28 2018 Deutsche Bank fails 2d part of Stress Test by feds ]

Deutsche Bank AG’s (DBKGn.DE) U.S. subsidiary failed on Thursday, June 28, the second part of the U.S. Federal Reserve’s annual stress tests. “Concerns include material weaknesses in the firm’s data capabilities and controls supporting its capital planning process, as well as weaknesses in its approaches and assumptions used to forecast revenues and losses under stress,” While failing the U.S. stress test would not likely affect the banks’ ability to pay dividends to shareholders, which are typically paid out at the group level, it will require Deutsche Bank to make changes to its U.S. operations. It also means the bank would not be able to make any distributions to its German parent without the Fed’s approval.