Type:Notice
Citation:90 FR 8423
Reading Time:about a minute or two
The Office of Foreign Assets Control (OFAC) within the U.S. Department of the Treasury has removed specific names from its Specially Designated Nationals and Blocked Persons List. These individuals had their property and interests blocked under sanctions related to the West Bank. This change follows an Executive Order issued on January 20, 2025, which revoked a previous order from February 1, 2024, that had imposed the sanctions. As a result of this action, the affected individuals' assets are no longer blocked.
Simple Explanation
The government decided that certain people's money and things are no longer blocked, so they removed their names from a special list, kind of like taking them off a naughty list, because a new rule replaced an old one.