Search Results for keywords:"property blocking"

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Search Results: keywords:"property blocking"

  • Type:Notice
    Citation:89 FR 105687
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals from Uzbekistan to its Specially Designated Nationals and Blocked Persons List. These individuals have been identified as being involved in serious human rights abuses. As a result, all their properties and interests in property within U.S. jurisdiction are blocked, and U.S. citizens are generally barred from conducting transactions with them. The publication of this information ensures compliance and raises awareness about these sanctions.

    Simple Explanation

    The U.S. Treasury Department has decided that some people from Uzbekistan did bad things, so they can't use their money or things in the U.S., and people in the U.S. can't do business with them.

  • Type:Notice
    Citation:90 FR 10245
    Reading Time:about 2 minutes

    The Department of State has published the names of individuals who are now on the Department of Treasury's Specially Designated Nationals and Blocked Persons List due to harmful activities linked to the Russian government. As a result, these individuals' U.S. properties are blocked, and U.S. citizens are generally not allowed to conduct transactions with them. The information, along with the list, can be accessed on the Office of Foreign Asset Control's website.

    Simple Explanation

    The U.S. Department of State has put certain people on a list because they did bad things connected to the Russian government, and now their U.S. things are not allowed to be used or traded with.

  • Type:Presidential Document
    Citation:90 FR 2589
    Reading Time:about 11 minutes

    President Joseph R. Biden Jr. issued Executive Order 14140, which updates the measures against individuals contributing to instability in the Western Balkans. The order amends previous executive actions by blocking the property of people who engage in actions threatening peace and stability, democracy, or human rights in the region. It includes those involved in corruption, those who support such activities, and relatives of involved individuals. The order underscores that it aligns with existing laws and does not grant any legal rights to individuals against the U.S. government.

    Simple Explanation

    President Biden made a new rule to freeze the money and property of people causing trouble in a part of the world called the Western Balkans, so they cannot keep doing bad things that hurt others. This rule is to keep the area peaceful and safe, even if deciding who is doing these bad things might be a bit tricky.

  • Type:Presidential Document
    Citation:86 FR 9429
    Reading Time:about 9 minutes

    Executive Order 14014, issued by President Joseph R. Biden Jr., declares a national emergency concerning the situation in Burma following a military coup on February 1, 2021. The order blocks property and interests in property of certain foreign individuals involved in activities undermining democracy, human rights abuses, and other harmful actions in Burma. It also suspends the entry of these individuals into the United States and outlines measures to prevent transactions that would circumvent the order. The order empowers the Secretary of the Treasury and other agencies to implement and enforce these restrictions.

    Simple Explanation

    President Biden signed a rule to stop some people who are hurting democracy in Burma from using their money and coming to the U.S.

  • Type:Notice
    Citation:90 FR 16072
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated the Specially Designated Nationals and Blocked Persons List (SDN List). They have added Jesus Alfredo Beltran Guzman, also known as "Alfredito," "El Mochomito," or "Tito," because he is believed to be involved in the global illicit drug trade. As a result, any property and interests in property he has that fall under U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to engage in transactions with him. This action is based on the criteria set by Executive Order 14059.

    Simple Explanation

    The U.S. Treasury has put a person named Jesus Alfredo Beltran Guzman on a special list because they believe he is doing bad things with illegal drugs, so people in the U.S. aren't allowed to do business with him or use his stuff.

  • Type:Notice
    Citation:89 FR 103921
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a notice listing individuals or entities added to the Specially Designated Nationals and Blocked Persons List (SDN List). This means their assets under U.S. jurisdiction are blocked, and American individuals and companies are generally banned from engaging in transactions with them. The notice fulfills applicable legal criteria for sanctions. More information is available on the OFAC website.

    Simple Explanation

    The U.S. Treasury has named some people or companies that they won't do business with anymore, and now others in the U.S. can't either because their things are on a special blocked list.

  • Type:Notice
    Citation:86 FR 6729
    Reading Time:about 2 minutes

    The Department of State has implemented sanctions against fourteen individuals under Executive Order 13936 related to Hong Kong normalization. These individuals have been identified as leaders or officials involved in creating or enforcing China's National Security Law in Hong Kong. As a result, their property and interests within U.S. jurisdiction are blocked, and Americans are generally prohibited from doing business with them. The determination was made effective as of December 7, 2020, and they have been added to the Specially Designated and Blocked Persons List.

    Simple Explanation

    The U.S. government decided that 14 people who helped make a new law in Hong Kong can't have any of their stuff in America or do business with Americans because of what they did. It's like when someone gets grounded for breaking a rule, and they can't play with certain toys or friends anymore.

  • Type:Notice
    Citation:90 FR 7735
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced a new action against certain individuals, adding them to the Specially Designated Nationals and Blocked Persons List. This action, effective from January 15, 2025, blocks all property and interests in property these individuals have within U.S. jurisdiction. Additionally, Americans are generally prohibited from conducting transactions with the listed individuals. More information and the updated list can be accessed on OFAC's website.

    Simple Explanation

    The U.S. Treasury has decided that some people are no longer allowed to do business with anyone in America because they broke important rules. This means that their U.S. stuff is locked up, and Americans can't deal with them.

  • Type:Notice
    Citation:90 FR 10352
    Reading Time:about 5 minutes

    The Department of State has published the names of individuals added to the Department of Treasury's List of Specially Designated Nationals and Blocked Persons. This action is a result of these individuals meeting specific legal criteria under an Executive Order concerning harmful activities by the Russian government. As a consequence, their property and interests within U.S. jurisdiction are blocked, and U.S. citizens are generally prohibited from conducting transactions with them. Additionally, several Russian vessels, including research and drilling ships, have been identified as having interests tied to these individuals and organizations.

    Simple Explanation

    The U.S. Department of State has decided that some people and ships from Russia are doing bad things, so they can't do business with Americans or use their stuff in the U.S. anymore.

  • Type:Notice
    Citation:86 FR 7331
    Reading Time:about a minute or two

    The State Department has designated Niamat Hama Rahim Hama Sharif, also known as Saed Tawealy and Sa'ad Tawela, as a Specially Designated Global Terrorist. This designation was made under Executive Order 13224, which targets leaders of terrorist groups, in this case, the al-Qa'ida Kurdish Battalions. The order blocks any property or interests Sharif might have in the U.S. Additionally, it's noted that no advance notice will be provided to Sharif about this action, as it could make the order ineffective.

    Simple Explanation

    The State Department says that Niamat, who is linked to a group called the al-Qa'ida Kurdish Battalions, is now on a special list of bad people called terrorists, and this means any money or stuff he has in the U.S. is frozen so he can't use it. They didn't warn him first because he could quickly move his money away if he knew.

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