On August 4th, the Treasury Department announced the designation of Muhammad Hamsho, a member of the Syrian Parliament and prominent businessman, for providing services in support of, and for acting for or on behalf of Syrian President Bashar al-Asad and for acting for or on behalf of President Asad's brother Mahir al-Asad. Hamsho International Group, a Syrian holding company that has approximately 20 subsidiary or affiliated companies, was also designated for being controlled by Muhammad Hamsho. The designations prohibit U.S. persons from engaging in commercial or financial transactions with the designees and any assets they may hold subject to U.S. jurisdiction are frozen. Treasury Department Press Release.