commercial bank of syria

• 31 CFR 103.188 - Special measures against Commercial Bank of Syria.

• Code of Federal Regulations - Title 31: Money and Finance: Treasury

• OFAC Names The Commercial Bank Of Syria, The Syrian Lebanese Commercial Bank And Syriatel As Specially Designated Nationals; Additional Sanctions Against Syria Expected

On August 10, 2011, the Office of Foreign Assets Control, US Department of the Treasury (OFAC) named the Commercial Bank of Syria, its subsidiary the ...

• Mondaq Business Briefing
• United States Law Articles in English

• Currency and foreign transactions; financial reporting and recordkeeping requirements: Bank Secrecy Act regulations— Commercial Bank of Syria and subsidiary; special measure imposition as primary money laundering concern financial institution,

• FR, March 15, 2006
• Rules
• Treasury Department

• Sanctions Levied On 2 Firms in Syria

WASHINGTON - The Obama administration slapped sanctions on Syria's largest commercial bank and cellphone operator Wednesday as it moved to demand the end of four decades of dictatorship under the Assad family. The Treasury Department added the state-owned Commercial Bank of Syria and its Lebanon-based subsidiary, the Syrian Lebanese Commercial Bank, to its sanctions list, citing their links to human- rights abuses and illegal weapons trade with North Korea.

• The Commercial Appeal (2007-Current)
• August 11, 2011

• Imposition of Special Measure as a Financial Institution of Primary Money Laundering Concern: Commercial Bank of Syria, Including its Subsidiary Syrian Lebanese Commercial Bank

• FR, June 16, 2010
• Notices
• Financial Crimes Enforcement Network

• Damascus Bought $3.4 Billion of Iraqi Oil

Syria secretly bought about $3.4 billion in Iraqi oil in violation of U.N. sanctions in the three years leading up to the 2003 U.S.-led invasion, and U.S. officials fear some of the money is being used to fund the insurgency in Iraq. Officials from the State Department and the Internal Revenue Service (IRS) told Congress yesterday that the Commercial Bank of Syria, the country's central bank, was a key financial conduit in Iraqi dictator Saddam Hussein's drive to undermine the United Nations' troubled oil-for-food sanctions program.

• The Washington Times
• July 28, 2005

• Currency and foreign transactions; financial reporting and recordkeeping requirements: Bank Secrecy Act; implementation— Commercial Bank of Syria and subsidiary; special measure imposition as primary money laundering concern financial institution,

• FR, May 18, 2004
• Proposed rules
• Treasury Department

• Syria and the financial crisis: prospects for reform?

...Their banks are not suffering from liquidity problems, and the... has criticized the dominance of commercial and speculative investment for helping to perpetua...

• Middle East Policy
• Vol. 16 Nbr. 2, June 2009

• Rethinking the Syria Accountability Act: Are Sanctions on Syria in the Best Interest of the United States?

Introduction - II. What are sanctions? - III. Effects of sanctions generally - A. Impact of Sanctions on Sender Countries - B. Consequences of Sanctions for Target Countries - C. When Sanctions Are Effective - IV. An analysis of u.s. sanctions on syria - V. Effects of sanctions on syria - A. Economic Effects - B. Syria’s Behavior - VI. Likelihood of syria meeting u.s. demands under the sanctions - A. In Light of Sanctions Generally - B. In Light of the Syrian Situation - VII. Whether waiving sanctions will help or hinder u.s. interests - A. The Carrot and the Stick - B. Other Nations and Syria - C. Syria as a Cornerstone of the Middle Eastern Peace Process - VIII. Recommendations

• Transnational Law & Contemporary Problems
• Nbr. 20-1, May 2011

• Agency information collection activities; proposals, submissions, and approvals,

...; Imposition of Special Measure Against Commercial Bank of Syria, Including Its Subsidiary Syrian Leb...

• FR, March 27, 2007
• Notices
• Treasury Department