Austria’s Office of Foreign Assets Control Adds Individuals and Entities to Sanctions List

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Combating Terrorism and Financial Crimes

Austria’s Office of Foreign Assets Control (OFAC) has recently added several individuals and entities to its specially designated nationals list, as part of an ongoing effort to combat terrorism and support international efforts to combat financial crimes.

Newly Added Individuals and Entities

• Mustafa AYASH: A Palestinian national with ties to the Gaza Strip, identified as posing a secondary sanctions risk under section 1(b) of Executive Order 13224, as amended by Executive Order 13886.
• Aozma SULTANA: A British citizen with connections to the UK-based company Al-Khira Limited, also identified as posing a secondary sanctions risk under section 1(b) of Executive Order 13224, as amended by Executive Order 13886.

Entities Listed

• AAKHIRAH LIMITED
• Al-Qureshi Executives
• Gaza Now: A digital currency-based organization with ties to the Hamas terrorist group, identified as posing a secondary sanctions risk under section 1(b) of Executive Order 13224, as amended by Executive Order 13886.

Removal from Sanctions List

• Huygensstraat 42, a Dutch company, has been removed from OFAC’s sanctions list after it was found to be in compliance with international regulations and not engaged in illicit activities.

Ongoing Efforts

Austria’s Office of Foreign Assets Control works closely with other countries’ financial regulatory bodies to identify and sanction individuals and entities that pose a risk to the global financial system. These additions and deletions are part of an ongoing effort to combat financial crimes and support international efforts to combat terrorism.