Search Results for keywords:"Sanctions"

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Search Results: keywords:"Sanctions"

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  • 2025-01827 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:90 FR 8320
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is announcing that certain individuals have been added to the Specially Designated Nationals and Blocked Persons List. This decision is based on OFAC's judgment that specific legal criteria have been met. As a result, all property and interests in property under U.S. jurisdiction belonging to these individuals are blocked, and U.S. citizens are generally forbidden from engaging in any transactions with them. More details, including the list, can be found on OFAC's website.

    Simple Explanation

    The government made a list of people who are not allowed to do business with American people or companies because they did something wrong. This means all their stuff in America is now locked away.

  • 2025-02898 — 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 10314
    Reading Time:about 2 minutes

    The Department of State has added one or more individuals to the Treasury's Specially Designated Nationals and Blocked Persons List because they meet the legal criteria set by an Executive Order targeting harmful activities by the Russian government. As a result, their assets in the U.S. are frozen, and American citizens are generally not allowed to do business with them. For more information, individuals can check the SDN List on the Office of Foreign Asset Control's website.

    Simple Explanation

    The Department of State has made a decision to stop certain people from doing business in the U.S. because they did things that were not nice, like harmful activities related to the Russian government. Now, these people can't use their money or things in America, and U.S. folks aren't supposed to deal with them.

  • 2024-29379 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:89 FR 101096
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) added one entity and one individual to its Specially Designated Nationals and Blocked Persons List (SDN List) as of December 10, 2024. This action means that all their property and interests in property within U.S. jurisdiction are blocked, and U.S. persons generally cannot conduct transactions with them. The details of this update, including the SDN List, are available on OFAC's website.

    Simple Explanation

    The U.S. government has added one person and one company to a special list that means no one in the U.S. is allowed to do business with them because they're in trouble. All their stuff in the U.S. is frozen, like when you can't touch something in the freezer until you're told it's okay.

  • 2025-02902 — 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 2 minutes

    The Department of State has identified individuals who have been added to the Treasury Department's Specially Designated Nationals and Blocked Persons List, due to their involvement in harmful activities linked to the Russian government. As a result, the property and interests of these individuals in the U.S. are blocked, and U.S. citizens are generally banned from conducting transactions with them. The full list can be accessed through the Office of Foreign Asset Control's website.

    Simple Explanation

    The U.S. Government has decided to stop some people from doing business in the U.S. because they did something harmful with the Russian government. This means these people can't use their money or things in the U.S., and Americans aren't allowed to trade with them.

  • 2021-01316 — Imposition of Nonproliferation Measures Against Foreign Persons, Including a Ban on U.S. Government Procurement
    Type:Notice
    Citation:86 FR 6730
    Reading Time:about 3 minutes

    The U.S. Department of State has decided to enforce sanctions against certain foreign entities and individuals under the Iran, North Korea, and Syria Nonproliferation Act. These punishments are for transferring or acquiring goods, services, or technology that could help develop weapons of mass destruction or missile systems. Specifically, companies from China and a North Korean individual in China are affected. The sanctions include a ban on U.S. government procurement and assistance, as well as suspending export licenses for these entities. These measures will be in place for two years unless changed by the Secretary of State.

    Simple Explanation

    The U.S. Department of State is telling some people and companies, especially in China and North Korea, that they can't do business with the U.S. government for two years because they were involved in activities that help make dangerous things like missiles.

  • 2021-02702 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:86 FR 8988
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released the names of individuals placed on a list known as the Specially Designated Nationals and Blocked Persons List. This designation means their property and interests in property within the U.S. are blocked, and U.S. citizens are generally restricted from conducting transactions with them. The document specifically mentions Shanghai Saint Logistics Limited and describes its involvement and linkage to MAHAN AIR, which has been designated under U.S. sanctions aimed at counter-terrorism efforts. The information can be found on the OFAC website.

    Simple Explanation

    The U.S. Treasury has named a company called Shanghai Saint Logistics Limited on a special list because they did something that the U.S. doesn't like, so now they can't do business in the U.S., and people in the U.S. can't trade with them.

  • 2025-02905 — 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 10107
    Reading Time:about 3 minutes

    The Department of State has announced the addition of certain individuals to a list managed by the Department of Treasury, called the Specially Designated Nationals and Blocked Persons List. This action was taken because these individuals were found to be involved in harmful activities directed by the Russian government. As a result, their property under U.S. jurisdiction is blocked, and U.S. citizens are generally prohibited from doing business with them. More details about these sanctions can be found on the Office of Foreign Asset Control's website.

    Simple Explanation

    The U.S. government found some people doing bad things for another country and is stopping those people from using their stuff in the U.S. or doing business with U.S. people.

  • 2024-31655 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:90 FR 739
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published the names of individuals who are now on the Specially Designated Nationals and Blocked Persons List (SDN List). This action is based on OFAC's determination that certain legal criteria were met. As a result, all their property and interests in property that fall under U.S. jurisdiction are blocked, and U.S. persons are generally not allowed to engage in transactions with them. The list and more information about the sanctions are available on OFAC's website.

    Simple Explanation

    The U.S. government has put some people on a special list because they broke certain rules, and now they can't use their money or things in the U.S., and people in the U.S. can't do business with them.

  • 2024-30550 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:89 FR 104610
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued a notice that one or more individuals have been added to the Specially Designated Nationals and Blocked Persons List. This means that all property and interests in property in the U.S. of these individuals are blocked, and U.S. citizens are generally not allowed to do business with them. The decision was made based on the fulfillment of certain legal criteria. Additional details and the list can be found on OFAC’s website.

    Simple Explanation

    The U.S. Treasury Department has made a list of people that Americans cannot do business with because they did something wrong. They didn't say who these people are or why they're on the list, so it might be hard to understand all the details.