SDN List update; Designations; General License; Settlement

OFAC has posted a Notice of Recent Actions, "Balkans-related, Counter Terrorism, and Cyber-related Designations; Issuance of Counter Terrorism General License; Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Haas Automation, Inc."

Settlement:
A $1,044,781 settlement with a California-based manufacturer of machine tools and related parts regarding its potential civil liability for apparent violations of OFAC's Ukraine-/Russia-related sanctions. Between December 2019 and March 2022, Haas Automation, Inc. indirectly supplied one computer numerical control (CNC) machine, 13 orders of spare parts, and seven authorization codes for CNC machines owned by blocked Russian entities, thereby committing 21 apparent violations of Executive Orders 13661 and 13662. The settlement amount reflects OFAC's determination that the conduct at issue was egregious and was not voluntarily self-disclosed. For more information, see the Enforcement Release.

General License:
OFAC has issued Counter Terrorism General License 32, "Authorizing the Wind Down of Transactions Involving Yemen Kuwait Bank for Trade and Investment Y.S.C."

SDN List Update:
!4 individuals and 3 entities were added. Refer to the Notice for names and ID information.