🚫OFAC Sanctions Notice
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 and vessels that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. Additionally, OFAC is providing an updated Federal Register notice for two persons previously designated by OFAC. All property and interests in property subject to U.S. jurisdiction of these persons and this vessel are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$$ - High
The notice relates to OFAC sanctions that block property and interests of individuals and vessels, prohibiting U.S. entities from engaging in transactions with these parties. This directly affects compliance and regulatory requirements for businesses interacting in international markets.