17 Jan 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 one or more persons whose property and interests in property have been unblocked and who have been removed from the Specially Designated Nationals and Blocked Persons List.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$ - Med
The notice details OFAC's removal of certain individuals and entities from the Specially Designated Nationals List, indicating potential reinstatement of business relations and financial transactions for these entities. This change may affect compliance, risk assessments, and opportunities for businesses dealing internationally, particularly those previously restricted due to these sanctions.