Search Results for keywords:"Executive Order 14024"

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Search Results: keywords:"Executive Order 14024"

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  • 2025-03096 — Title: Office of Economic Sanctions Policy and Implementation's Publication of Individual Removed From the List of Specially Designated Nationals and Blocked Persons
    Type:Notice
    Citation:90 FR 10778
    Reading Time:about a minute or two

    The U.S. Department of State's Office of Economic Sanctions Policy and Implementation has removed one person from the List of Specially Designated Nationals and Blocked Persons (SDN List). This decision, effective January 16, 2025, means that the individual is no longer subject to the restrictions imposed by Executive Order 14024, which targeted harmful foreign activities by the Russian government. More information about the SDN List and related sanctions programs can be found on the Office of Foreign Assets Control's website.

    Simple Explanation

    The U.S. Department of State has decided that one person no longer needs to be on a special list that stops them from doing business because they were linked to bad actions by the Russian government. This means that from January 16, 2025, that person can now do things like business or travel more freely.

  • 2025-01578 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:90 FR 8090
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added new individuals to its Specially Designated Nationals and Blocked Persons List, based on specific legal criteria. These individuals have been identified as being involved in harmful foreign activities linked to the Russian Federation. Consequently, their property and interests in the U.S. are blocked, and U.S. persons cannot engage in transactions with them. One such entity is OJSC Keremet Bank from Kyrgyzstan, which has been targeted due to its significant transactions involving Russia's military-industrial sector.

    Simple Explanation

    The U.S. government has decided to stop some people and a bank from doing business in the country because they did something bad related to Russia. This means these people and the bank can't use their money or things in the U.S. anymore.

  • 2025-02899 — Notice of Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
    Type:Notice
    Citation:90 FR 10185
    Reading Time:about 4 minutes

    The Department of State has released a notice with names of individuals placed on the Treasury's List of Specially Designated Nationals and Blocked Persons. This action is due to these individuals' association with activities deemed harmful by the U.S. involving the Russian government. As a result, any property or interests owned by these individuals under U.S. jurisdiction are blocked, and U.S. citizens are generally forbidden from conducting business with them. The notice also identifies several LNG carriers linked to entities subject to U.S. sanctions based on Executive Order 14024.

    Simple Explanation

    The U.S. Department of State has stopped some people, connected to harmful activities with Russia, from doing business in the U.S. by freezing their stuff in the country and telling Americans not to work with them.

  • 2025-02904 — Notice of Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
    Type:Notice
    Citation:90 FR 10152
    Reading Time:about 3 minutes

    The Department of State has announced that they have added new individuals and entities to the Department of Treasury's Specially Designated Nationals and Blocked Persons List. This decision was made due to their involvement in harmful activities linked to the Russian government. As a result, the property and financial assets of these individuals and entities within U.S. jurisdiction are blocked, and U.S. citizens are generally prohibited from engaging in transactions with them. Two main companies, GOTIK SHIPPING CO and PLIO ENERGY CARGO SHIPPING OPC PRIVATE LIMITED, along with their vessels, are mentioned in the sanctions for providing support to Russian entities subject to these restrictions.

    Simple Explanation

    The U.S. government is telling everyone that certain people and companies, including two shipping companies, have done bad things with Russia. Because of this, their money in the U.S. is frozen, and Americans are not allowed to do business with them.

  • 2024-29370 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:89 FR 101095
    Reading Time:about 5 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals and entities to its Specially Designated Nationals and Blocked Persons List because they met certain legal criteria. As a result, all their property and any interests they have within the U.S. are blocked, and U.S. citizens are prohibited from doing business with them. These sanctions are mainly related to their activities in the financial and technology sectors of the Russian Federation economy. This action was taken under the authority of Executive Order 14024.

    Simple Explanation

    The U.S. Treasury has put some people and companies from Russia on a special list because they broke certain rules, so now Americans can't do business with them. This is to stop them from using their money and things they own in America.