Search Results for keywords:"asset blocking"

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Search Results: keywords:"asset blocking"

  • Type:Notice
    Citation:86 FR 174
    Reading Time:about 18 minutes

    The document is an annual report on actions taken under the Global Magnitsky Human Rights Accountability Act by the U.S. to address serious human rights abuses and corruption worldwide. It highlights the designation of 243 foreign individuals and entities involved in such activities, leading to the blocking of their U.S.-based assets and imposing economic sanctions. Key targets included officials from China, South Sudan, Uganda, and Russia, among others, who have been identified for severe human rights violations or corrupt practices. The report also details efforts to collaborate with other countries, like the UK and EU, in adopting similar sanctions measures.

    Simple Explanation

    The U.S. government made a report about how they are punishing people and companies from other countries who did really bad things, like hurting people or stealing money. They blocked these people from using their money in the U.S. and tried to get other countries to do the same.