27 May 2025
🏦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 names of persons whose property and interests in property have been unblocked and who have been removed from the list of Specially Designated Nationals and Blocked Persons (SDN List).
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$ - Med
The notice details the removal of certain individuals from the OFAC SDN List, which may impact businesses by allowing previously restricted entities to engage in trade and financial transactions again. This change is critical for businesses that may interact with or have previously been restricted from collaborating with these individuals.