🚫OFAC Sanctions Notice
Notice of OFAC Sanctions Actions
Summary
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has 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. All property and interests in property subject to U.S. jurisdiction of this person 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 content details OFAC sanctions placing a person on the SDN List, which prohibits U.S. businesses from engaging in transactions with this individual. This has direct regulatory implications for compliance and risk management, particularly for businesses operating within affected sectors.