Search Results for keywords:"Specially Designated Nationals"

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Search Results: keywords:"Specially Designated Nationals"

  • 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 7458
    Reading Time:about 9 minutes

    The Office of Foreign Assets Control (OFAC), a part of the U.S. Department of the Treasury, has released a list of individuals, entities, and vessels now on their Specially Designated Nationals and Blocked Persons List. This action is based on OFAC's criteria, which show these parties meet specific legal standards and are connected with Venezuela's economic sectors, especially oil. The inclusion means all their U.S. assets are blocked, and U.S. persons are generally banned from doing business with them. The list includes people and companies from various countries such as Switzerland, Italy, Venezuela, and entities linked to the Venezuelan oil industry.

    Simple Explanation

    The U.S. Treasury made a list of people and companies that did something wrong with money, especially in Venezuela, and said that Americans can't do business with them anymore. They froze their U.S. assets and said if anyone needs to know more, they should look it up themselves.

  • Type:Notice
    Citation:90 FR 8428
    Reading Time:about a minute or two

    The Office of Foreign Assets Control (OFAC), part of the U.S. Treasury Department, added one entity to its Specially Designated Nationals and Blocked Persons List (SDN List) as of January 17, 2025. This means all of the entity's property and interests in the United States are blocked, and U.S. people are not allowed to do business with it. The decision was made because the entity met certain legal criteria. More information and the SDN List can be found on OFAC's website.

    Simple Explanation

    The U.S. Treasury Department has a special list of people and companies that Americans can't trade with, because they did something wrong. They just added a new company to this list, but they didn't say why or who it is.

  • Type:Notice
    Citation:86 FR 6730
    Reading Time:about 2 minutes

    The Secretary of State has imposed sanctions on four individuals in connection with the enforcement of the National Security Law in Hong Kong. These sanctions, effective from November 9, 2020, are part of Executive Order 13936, related to Hong Kong's autonomy and stability. The individuals, Li Jiangzhou, Edwina Lau, Steve Li Kwai-Wah, and Deng Zhonghua, have been added to the Specially Designated Nationals and Blocked Person List, which means their assets in the U.S. are blocked, and U.S. persons are generally prohibited from dealing with them.

    Simple Explanation

    The United States stopped doing business with four people because they did things that might hurt Hong Kong's safety and rules. This means those people can't use their money or stuff in the U.S., and Americans aren't allowed to trade or do business with them.

  • Type:Notice
    Citation:89 FR 104606
    Reading Time:about 8 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that certain individuals and companies have been added to its Specially Designated Nationals and Blocked Persons List (SDN List). This action is in line with Executive Order 14059, which targets individuals involved in the global illegal drug trade. Consequently, their assets in the United States are frozen, and U.S. citizens are prohibited from conducting business with them. This decision was made on December 17, 2024, and additional information is available on the OFAC website.

    Simple Explanation

    The U.S. government has added certain people and companies who are involved in illegal drug activities to a special list that freezes their money and stops Americans from doing business with them. They did this to try to stop bad guys from making or selling drugs.

  • Type:Notice
    Citation:90 FR 13661
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published the names of certain individuals and ships that are now on the Specially Designated Nationals and Blocked Persons List (SDN List). This means their assets in the U.S. are blocked, and most U.S. citizens cannot conduct business with them. The decision is based on legal criteria met by these individuals or vessels, and relevant details will be available through OFAC's website. This action officially took place on March 20, 2025.

    Simple Explanation

    The U.S. Treasury's Office of Foreign Assets Control (OFAC) has made a list of people and ships whose U.S. assets are frozen, and most Americans cannot do business with them. This is because they did something that broke the rules, but the document doesn't say who they are or what rules they broke exactly.

  • Type:Notice
    Citation:90 FR 8427
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that it has removed several individuals and entities from the Specially Designated Nationals and Blocked Persons List, unblocking their property and interests. The individuals are from Colombia and Mexico, with links to various companies and associations. As a part of this notice, the release of their information is effective as of December 11, 2024. Additional information about OFAC's sanctions programs can be found on their official website.

    Simple Explanation

    The U.S. Treasury said some people from Colombia and Mexico are no longer on their naughty list, which means they can now use their stuff again.

  • Type:Notice
    Citation:90 FR 10185
    Reading Time:about 4 minutes

    The Department of State has released a notice with names of individuals placed on the Treasury's List of Specially Designated Nationals and Blocked Persons. This action is due to these individuals' association with activities deemed harmful by the U.S. involving the Russian government. As a result, any property or interests owned by these individuals under U.S. jurisdiction are blocked, and U.S. citizens are generally forbidden from conducting business with them. The notice also identifies several LNG carriers linked to entities subject to U.S. sanctions based on Executive Order 14024.

    Simple Explanation

    The U.S. Department of State has stopped some people, connected to harmful activities with Russia, from doing business in the U.S. by freezing their stuff in the country and telling Americans not to work with them.

  • Type:Notice
    Citation:90 FR 7765
    Reading Time:about 2 hours

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released a notice listing individuals, companies, and vessels that have been added to the OFAC's Specially Designated Nationals and Blocked Persons List (SDN List). This designation is based on various legal criteria, primarily relating to activities in the Russian Federation's energy and financial services sectors. The properties and interests of these entities, under the U.S. jurisdiction, are blocked, and American citizens and companies are generally restricted from conducting transactions with them. The notice includes detailed information, including dates, contact details, and online resources for further information on these sanctions.

    Simple Explanation

    The U.S. government has made a list of people and boats they don't want Americans to do business with because they are breaking important rules. If someone is on this list, it means their stuff in the U.S. is kind of "frozen," and people here should stay away from them.

  • 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.