Search Results for keywords:"Office of Foreign Asset Control"

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Search Results: keywords:"Office of Foreign Asset Control"

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  • 2025-02897 — 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 10270
    Reading Time:about a minute or two

    The Department of State has released the names of individuals added to the Department of Treasury's List of Specially Designated Nationals and Blocked Persons (SDN List), due to their involvement in harmful activities related to the Russian government. This action was taken under an Executive Order, and as a result, any property these individuals have in the U.S. is now blocked. Additionally, U.S. citizens are not allowed to conduct any transactions with them. More information about the sanctions can be found on the Office of Foreign Asset Control (OFAC) website.

    Simple Explanation

    The U.S. government found some people working with Russia who are doing bad things, and now these people can't use their stuff in the U.S., and no one in the U.S. is allowed to do business with them.

  • 2025-03618 — Notice of Department of State Sanctions Actions Pursuant to the Executive Order Reimposing Certain Sanctions With Respect to Iran
    Type:Notice
    Citation:90 FR 11449
    Reading Time:about a minute or two

    The Department of State has announced that certain individuals have been added to the Department of Treasury's Specially Designated Nationals and Blocked Persons List (SDN List). This decision was made under an Executive Order that reinstates certain sanctions related to Iran. As a result, any property these individuals have under U.S. jurisdiction is blocked, and Americans are generally not allowed to engage in transactions with them. More information about these sanctions can be found on the OFAC website.

    Simple Explanation

    The U.S. government has added some people to a list that stops them from doing business in America because of rules about Iran. This means their things in the U.S. are frozen, and Americans can't buy or sell stuff with them.

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