Turkish Trade Compliance & Sanctions Network @ttcsnetwork

OFAC on precious metals traders Axel Diegelmann and Eugen Diegelmann under Executive Order 14024. In Diegelmann v. Bessent (No. 24-5277), the Court dismissed the appeal and affirmed the earlier District Court judgment #TTCSN #TürkiyeTradeCompliance #ExportControl #SanctionsUpdate

The General Court of the European Union has dismissed an action brought by Lithuanian logistics company Birių Krovinių Terminalas (BKT), confirming the legality of EU sanctions prohibiting the transfer of Belarusian potash products through EU territory. #TTCSN #TürkiyeTrade

The United States has expanded its Cuba sanctions programme by designating 10 Cuban entities under Executive Order 14004, citing their alleged roles in supporting, enabling and financing the Cuban government's violent repression of peaceful protesters and civil society. #TTCSN

OFAC has imposed new non-proliferation and counterterrorism sanctions targeting an international procurement network accused of supporting Iran's military and weapons programmes. #TTCSN #TürkiyeTradeCompliance #ExportControl #SanctionsUpdate #USA #OFAC #Iran #IRGC

German lenders Deutsche Bank and UniCredit have launched legal proceedings against industrial gas company Linde, seeking compensation for losses incurred after Russian courts seized their assets in connection with a suspended LNG project affected by EU sanctions. #TTCSN

EU has postponed the adoption of its proposed 21st sanctions package against Russia after member states failed to reach unanimous agreement during a meeting of foreign ministers. The delay leaves several key measures unresolved. #TTCSN #TürkiyeTradeCompliance #ExportControl

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed extensive sanctions under Executive Order 13902 against a global shipping and logistics network linked to Mohammad Hossein Shamkhani, #TTCSN #TürkiyeTradeCompliance #ExportControl #Sanctions

The US Bureau of Industry and Security (BIS) has eased export control restrictions on the United Arab Emirates (UAE) by issuing a final rule that grants the country more favourable treatment under the Export Administration Regulations (EAR). #TTCSN #TürkiyeTradeCompliance

The United States has formally begun the process of rescinding Syria's designation as a State Sponsor of Terrorism (SST), marking a significant shift in US policy towards the country. #TTCSN #TürkiyeTradeCompliance #ExportControl #USA #OFAC #EU #UK #BIS #OFSI #Herdem

Thailand has introduced a new export control framework for dual-use goods following the issuance of two announcements by the Ministry of Commerce. #TTCSN #TürkiyeTradeCompliance #ExportControl #SanctionsUpdate #USA #OFAC #EU #UK #BIS #OFSI #Herdem #ComplianceNetwork

A Finnish court has sentenced Risto Riihimäki, CEO of Idän Liikenteenvälitys IL Oy, to three years and eight months in prison after finding him guilty of aggravated sanctions violations involving the export of trucks and trailers to Russia in breach of EU sanctions. #TTCSN

French authorities have released the oil tanker MT Tagor (IMO 9282481) after the Maritime Court in Brest approved a plea agreement under which the vessel's owner admitted offences related to operating without a valid flag and refusing to comply with official orders. #TTCSN

OFAC relating to Serbia’s oil company, Naftna Industrija Srbije (NIS), until 31 July 2026. The renewed authorisations allow NIS to continue its business operations while also providing additional time for negotiations on changes to the company’s ownership structure. #TTCSN

CJEU has clarified the interpretation of the term "operator" under Article 2f(1) of Council Regulation (EU) No. 833/2014, ruling that the prohibition on broadcasting content from Russian state-controlled media applies not only to commercial entities but also to individuals #TTCSN

The United States has lifted export controls previously imposed on Anthropic's advanced artificial intelligence models, Claude Fable 5 and Claude Mythos 5, allowing the company to restore global access after a temporary suspension. #TTCSN #TürkiyeTradeCompliance #ExportControl

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued a supplemental alert highlighting fuel smuggling and tax evasion schemes linked to Mexico-based transnational criminal organizations #TTCSN #TürkiyeTradeCompliance #Herdem #Compliance

Euroclear has initiated legal proceedings before the Brussels Enterprise Court seeking to prevent the enforcement of a Russian court judgment that ordered the Belgium-based financial market infrastructure provider to pay approximately €220 billion in damages. #TTCSN #Herdem

OFAC has expanded its counter-narcotics sanctions by designating two individuals and five entities linked to Brazil's Primeiro Comando da Capital (PCC), one of the country's largest transnational criminal organizations. #TTCSN #TürkiyeTradeCompliance #ExportControl #Sanctions

OFAC has updated its Specially Designated Nationals and Blocked Persons (SDN) List by imposing sanctions on two individuals and nine entities involved in a cross-border fuel smuggling and money laundering network linked to the Cartel de Jalisco Nueva Generación (CJNG). #TTCSN

OFAC has issued Russia-related General License (GL) 131G, extending authorization for certain transactions related to the proposed sale of Lukoil International GmbH (LIG) and its subsidiaries until 25 July 2026. #TTCSN #TürkiyeTradeCompliance #ExportControl #SanctionsUpdate #USA