🚫OFAC Sanctions Warning
Notice of OFAC Sanctions Actions
Summary
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons 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. All property and interests in property subject to U.S. jurisdiction of these persons 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 regulatory notice details the imposition of sanctions against individuals and entities linked to the Cartel de Jalisco Nueva Generacion, blocking transactions with them. Businesses must ensure compliance by avoiding dealings with these sanctioned parties, impacting operations, especially in real estate and tourism sectors in affected areas.