Search Results for agency_names:"Foreign Assets Control Office"

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that it has added one entity to its Specially Designated Nationals and Blocked Persons List (SDN List). This means that all properties and interests owned by this entity within U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to do business with them. This action follows OFAC's determination that certain legal criteria have been met, and it was officially issued on January 3, 2025. For more details, people can visit OFAC's official website.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that one person and one organization have been added to their Specially Designated Nationals and Blocked Persons List. This decision was made because they met certain legal criteria under U.S. sanctions programs. As a result, all assets these parties have in the U.S. are blocked, and Americans are generally not allowed to do business with them. This action was taken on March 5, 2025, and more details can be found on OFAC's website.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals and vessels to its Specially Designated Nationals and Blocked Persons List. This action freezes any U.S.-based property and financial assets these individuals and vessels may have, and generally bars U.S. citizens and entities from conducting business with them. Notably, Jugwinder Singh Brar and multiple vessels linked to him, as well as vessels associated with companies like GLORY INTERNATIONAL FZ-LLC and GLOBAL TANKERS PRIVATE LIMITED, are included on this list for their connection to Iran's petroleum industry. These designations are based on Executive Order 13902, which imposes sanctions on Iran's economic sectors.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals and entities to its Specially Designated Nationals and Blocked Persons List because they met certain legal criteria. As a result, all their property and any interests they have within the U.S. are blocked, and U.S. citizens are prohibited from doing business with them. These sanctions are mainly related to their activities in the financial and technology sectors of the Russian Federation economy. This action was taken under the authority of Executive Order 14024.

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.

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 announced the addition of certain individuals to its Specially Designated Nationals and Blocked Persons List. This action is part of efforts to impose sanctions on individuals linked to the Gulf Cartel, a group involved in the global illicit drug trade. The listed individuals, primarily from Mexico, are now subject to blocked property rights within U.S. jurisdiction, making it illegal for U.S. persons to engage in transactions with them. This move aims to disrupt and reduce the influence of the Gulf Cartel's criminal activities.

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.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the addition of several individuals and entities to the Specially Designated Nationals and Blocked Persons List (SDN List). This action is based on the determination that these persons meet the legal criteria under specific Executive Orders related to harmful activities from the Russian Federation. As a result, all their property and interests within the United States are blocked, and U.S. persons are prohibited from conducting transactions with them. The listed individuals and entities are linked to Russia and China, and are involved in activities such as financial services that have been flagged as risky under U.S. sanctions regulations.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated its Specially Designated Nationals and Blocked Persons List (SDN List). This list now includes certain people and vessels whose property and interests are blocked under U.S. law due to their connections with sanctioned entities. U.S. individuals and entities are generally prohibited from engaging in transactions with those listed. This action, effective February 24, 2025, includes several crude oil tankers linked to blocked companies under Executive Order 13902.