Search Results for agency_names:"Foreign Assets Control Office"

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced a change to its Specially Designated Nationals and Blocked Persons List (SDN List). On March 21, 2025, an entity named Tornado Cash had its assets unblocked, and it was removed from the SDN List. Additionally, an update was made to the listing of an individual, Roman Semenov, although the specifics of the change were not detailed. Despite these changes, any property or interests of this individual under U.S. jurisdiction remain blocked, and U.S. citizens are still largely prohibited from conducting transactions with him.

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.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published names of individuals added to the Specially Designated Nationals and Blocked Persons List. These persons have been sanctioned because they are believed to have helped with corruption or supported someone involved in such activities. As a result, their property within the U.S. is blocked and U.S. persons are generally forbidden from engaging in transactions with them. The notice lists individuals primarily linked to Kamlesh Mansukhlal Damji Pattni and is part of OFAC's ongoing sanctions efforts under Executive Order 13818.

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.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added a person to its Specially Designated Nationals and Blocked Persons List. This decision was made because the person met the criteria set out in Executive Order 14059 related to global illicit drug trade sanctions. As a result, all their property and interests within U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to have financial dealings with them. The decision was issued on March 4, 2025.

The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has added several individuals and entities to its Specially Designated Nationals and Blocked Persons List. These additions are based on evidence that they have engaged in, or are responsible for, serious human rights abuses. As a result, any property or financial assets they own within the U.S. jurisdiction are frozen, and U.S. citizens and companies are generally prohibited from dealing with them. OFAC's list can be accessed on their website for more details.

The Office of Foreign Assets Control (OFAC) under the Department of the Treasury has issued a final rule to adjust civil monetary penalties for inflation, as required by law. This adjustment aims to maintain the deterrent effect of these penalties by reflecting changes in the cost of living. The updated penalties apply across various statutes like the Trading With the Enemy Act, the International Emergency Economic Powers Act, and others. The rule will be effective beginning January 15, 2025, and does not require prior public notice or comment.

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.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that it has added certain individuals to its Specially Designated Nationals and Blocked Persons List. This means that any property these individuals own that falls under U.S. jurisdiction is now blocked. Additionally, U.S. citizens are generally not allowed to conduct business or transactions with these individuals. More details and the complete list are available on OFAC's website.

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.