Search Results for keywords:"economic sanctions"

Found 2 results

Search Results: keywords:"economic sanctions"

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  • 2024-30825 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Reporting, Procedures and Penalties Regulations
    Type:Notice
    Citation:89 FR 105687
    Reading Time:about 3 minutes

    The Department of the Treasury is seeking public comments on its proposed information collection activities related to the Office of Foreign Assets Control (OFAC). These activities involve renewing and revising the authority to collect information under various economic sanctions programs administered by OFAC. The Treasury department is consolidating several existing requests and introducing a new form related to economic sanctions on Russia. Comments are requested by January 27, 2025, and further details can be found on the specified government website.

    Simple Explanation

    The Department of Treasury wants to hear what people think about new plans to collect information to make sure rules about not trading with certain countries, like Russia, are followed. They are asking for feedback by January 27, 2025, and are also making some changes to the forms used to gather this information.

  • 2020-29015 — Global Magnitsky Human Rights Accountability Act Annual Report
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    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.