SPAIN: DEMARCHE ON OFAC KINGPIN ACT DESIGNATION OF

UNCLAS MADRID 001020 SIPDIS STATE FOR EEB/ESC/TFS AND INL TREASURY FOR OFAC E.O. 12958: N/A TAGS: EFIN KTFN PTER PREL PINR SNAR KCRM VE SP SUBJECT: SPAIN: DEMARCHE ON OFAC KINGPIN ACT DESIGNATION OF SENIOR VENEZUELAN OFFICIALS REF: STATE 97316 ¶1. On September 12, Econoff delivered reftel demarche and nonpaper concerning the OFAC designations of Venezuelan officials under the Kingpin Act to Iago Lossada in the MFA,s International Counter-Terrorism Directorate. Econoff subsequently shared the information with Conchita Cornejo Garcia of the Finance Ministry,s Treasury and Financial Policy Directorate. ¶2. In a September 17 follow-up conversation, Lossada indicated that he had shared the information concerning the designated individuals with appropriate GOS agencies and authorities. He noted that he was unable to provide a response until he received comments back from these agencies and did not know if the GOS would be able to share information on the designees. GOS policy is to implement UN and EU designations only, and therefore not U.S. domestic designations. However, Lossada was grateful for the information and encouraged Econoff to continue sharing advance designation notices and the valuable background information on prospective designees for Spanish law enforcement purposes. Post will follow up and report any GOS response. Aguirre