Last Updated: January 19, 2026
ADVANCE BANKING SOLUTION TRADING DMCC
Aliases
ADVANCE BANKING SOLUTIONS DMCC; ABS CORPORATION
Nationality
United Arab Emirates; United Arab Emirates
Address
804 Jumeirah Bay Tower X3, Dubai, United Arab Emirates
Reg. ID
DMCC-402070, License; JLT-66110, License
Official reason
UAE-based Advance Banking Solution Trading DMCC (ABS), a front company for ISC, acquired proprietary U.S. goods and technology from over two dozen U.S. companies, both indirectly and through third-party resellers, for onward transfer to CBI. ABS falsely claimed that it was the ultimate end user of the products, concealing their intent to forward th...
Other Information
https://home.treasury.gov/news/press-releases/jy2095
Date of listing
2024-02-14
Program information
Authority
US
Program
Global Terrorism Sanctions Regulations, 31 C.F.R. part 594
Regime
OFAC-horizontal
Target State
Terrorism
Measures
Blocking Property
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/2396
Official Information
On June 6, 2003, OFAC issued the Global Terrorism Sanctions Regulations, 31 CFR part 594 (68 FR 34196, June 6, 2003 (“the Regulations”), to implement Executive Order (E.O.) 13224 of September 23, 2001, “Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism” (66 FR 49079, September 25, 2001)...
Additional Details
SDN
Program URL