Search Results for keywords:"blocked persons"

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Search Results: keywords:"blocked persons"

  • Type:Notice
    Citation:89 FR 106750
    Reading Time:about 2 minutes

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, announced they have added individuals to their Specially Designated Nationals and Blocked Persons List. This means that the property and interests of these individuals within U.S. jurisdiction are now blocked, and American citizens and companies are generally prohibited from doing business with them. The designated individuals are from Georgia and were sanctioned for being leaders or officials of entities involved in serious human rights abuses.

    Simple Explanation

    The U.S. Treasury's Office, called OFAC, has added some people from Georgia to a special list because they did bad things. This means these people can't use their stuff in the U.S., and Americans can't do business with them.

  • Type:Notice
    Citation:90 FR 4002
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals from Venezuela to its Specially Designated Nationals and Blocked Persons List. These individuals are blocked from having any of their property or interests in property under U.S. jurisdiction accessed, and U.S. citizens are generally forbidden from doing business with them. This action aligns with Executive Orders aimed at addressing the situation in Venezuela, specifically blocking the property of those identified as current or former officials of the Venezuelan government. The changes to the list were made official on January 10, 2025.

    Simple Explanation

    The U.S. Treasury made a list of people from Venezuela who are not allowed to have their things in America or do business there, because the government thinks they did bad things as part of the Venezuelan government. This is like getting time-out for their actions, and Americans can't play with them while they are in time-out.

  • Type:Notice
    Citation:90 FR 11205
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added certain individuals to its Specially Designated Nationals and Blocked Persons List (SDN List). These individuals' property and interests under U.S. jurisdiction are now blocked, and U.S. citizens are generally not allowed to engage in transactions with them. This decision was made on February 26, 2025, and more information can be found on the OFAC website.

    Simple Explanation

    The Treasury Department is telling people that some new names have been added to a special list of people they are not allowed to trade with because the U.S. says so. This means they can't buy or sell things with these people now.

  • Type:Notice
    Citation:90 FR 16424
    Reading Time:about a minute or two

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, has published names of individuals added to the Specially Designated Nationals and Blocked Persons List (SDN List). These individuals have had their property and interests within U.S. jurisdiction blocked, and U.S. individuals and companies are generally not allowed to conduct business with them. The action was effective as of April 9, 2025. Further information about the sanctions can be found on the OFAC website.

    Simple Explanation

    The U.S. government has made a list of people they are not allowed to trade with because they might be doing bad things, and they are making sure these people can't use their money in the U.S. anymore.

  • Type:Notice
    Citation:89 FR 95911
    Reading Time:about 6 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the addition of several individuals to its Specially Designated Nationals and Blocked Persons List. These individuals, who are current or former officials of the Venezuelan government, will have their property and interests in property under U.S. jurisdiction blocked, and U.S. persons are generally prohibited from engaging in transactions with them. This action is based on OFAC's determination that the legal criteria for such a designation have been met under executive orders related to the situation in Venezuela.

    Simple Explanation

    The U.S. government has decided to add some Venezuelan people to a list because they believe these people did something wrong. Now, Americans can't do business with these people, and anything they own in the U.S. is frozen, like when water turns to ice in the freezer.

  • Type:Notice
    Citation:90 FR 8090
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released a notice listing individuals added to the Specially Designated Nationals and Blocked Persons List (SDN List) as of January 17, 2025. These individuals have been identified based on meeting specific legal criteria, resulting in their properties and interests within U.S. jurisdiction being blocked. This means that people in the United States generally cannot legally engage in transactions with the individuals listed. More information about the sanctions and the SDN List is available on OFAC's website.

    Simple Explanation

    The government is saying that some people are not allowed to do business in the U.S. anymore because they did something wrong, and now no one in the U.S. can trade with them. If you want more details, you’d need to check their website.

  • Type:Notice
    Citation:89 FR 104608
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that certain individuals have been added to the Specially Designated Nationals and Blocked Persons List (SDN List), as they met the legal criteria for inclusion. This means their property and financial interests in the U.S. are blocked, and U.S. citizens are generally not allowed to conduct transactions with them. The names are published to inform the public and to ensure compliance with the sanctions. For more information, the SDN List and details on OFAC sanctions programs can be accessed on the OFAC website.

    Simple Explanation

    The U.S. government has added some people to a list called the SDN List because they did something that broke the rules. This means U.S. people can't do business with them, and their stuff in the U.S. is frozen, like when ice stops things from moving.

  • Type:Notice
    Citation:90 FR 8422
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that it has added an individual's name to its Specially Designated Nationals and Blocked Persons List (SDN List). This action means the person's property and assets under U.S. jurisdiction are blocked, and U.S. citizens and businesses are not allowed to conduct transactions with them. This decision was made because the individual met certain legal criteria. More information and the full list can be found on OFAC's website.

    Simple Explanation

    The government has put a person on a special list because they did something wrong, so now people in America can't do business with them. This means their stuff in America is "frozen" and can't be used.

  • Type:Notice
    Citation:89 FR 100591
    Reading Time:about 6 minutes

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, has announced that it has added certain individuals and ships to its Specially Designated Nationals and Blocked Persons List (SDN List). These additions are due to violations of legal criteria under OFAC’s jurisdiction. All U.S. properties and interests belonging to these individuals and vessels are now blocked, and U.S. citizens are generally not allowed to engage in any transactions with them. Several ships, primarily crude oil and chemical tankers tied to organizations linked with Iran, are identified as properties subject to these sanctions.

    Simple Explanation

    The U.S. government has made a list of people and ships that Americans can't trade with because they broke some rules. Some of these ships are used to carry oil and chemicals, and they are connected to groups in Iran.

  • Type:Rule
    Citation:89 FR 96901
    Reading Time:about 2 minutes

    The Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a general license known as GL 5A. This license, which was issued on November 6, 2024, allows certain activities related to pumps made or distributed by two companies, Kaldera and Elpring, for the treatment or distribution of drinking water. It replaces the previous General License No. 5 and aims to authorize transactions that were previously prohibited under the Western Balkans Stabilization Regulations. However, it does not permit transactions with blocked persons not specifically mentioned in the license.

    Simple Explanation

    The government made a new rule that lets two companies make and sell special pumps for clean water that helps people in the Western Balkans, but some people are worried it might be unfair and hard to understand.

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