🚫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 revising the entry of a vessel identified as blocked property on OFAC's SDN List. All property and interests in property subject to U.S. jurisdiction of these persons and vessels are blocked, and U.S. persons generally are prohibited from engaging in transactions with them.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$$ - High
The content outlines OFAC sanctions against specific individuals and entities, indicating that U.S. persons are prohibited from transactions with those designated. This could affect businesses with potential ties to these entities, necessitating compliance and risk assessment.