21 May 2025
🔒OFAC Sanctions Action
Notice of OFAC Sanctions Action
Summary
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons whose property and interests in property have been unblocked and who have been removed from OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$ - Med
The notice indicates that certain individuals and entities have been removed from the OFAC's SDN List, which may potentially facilitate their business operations and transactions with U.S. entities. This change can influence compliance requirements for businesses interacting with these persons or entities.