Search Results for keywords:"Specially Designated Nationals"

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Search Results: keywords:"Specially Designated Nationals"

  • Type:Notice
    Citation:90 FR 8423
    Reading Time:about a minute or two

    The Office of Foreign Assets Control (OFAC) within the U.S. Department of the Treasury has removed specific names from its Specially Designated Nationals and Blocked Persons List. These individuals had their property and interests blocked under sanctions related to the West Bank. This change follows an Executive Order issued on January 20, 2025, which revoked a previous order from February 1, 2024, that had imposed the sanctions. As a result of this action, the affected individuals' assets are no longer blocked.

    Simple Explanation

    The government decided that certain people's money and things are no longer blocked, so they removed their names from a special list, kind of like taking them off a naughty list, because a new rule replaced an old one.

  • Type:Notice
    Citation:89 FR 104315
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that certain individuals have been added to its Specially Designated Nationals and Blocked Persons List. This action means that all property and interests in property within U.S. jurisdiction belonging to these individuals are blocked. U.S. persons are generally prohibited from conducting transactions with these individuals. More details, including the list and additional information about OFAC's sanctions programs, can be found on their website.

    Simple Explanation

    The U.S. Treasury put some people on a special list that means Americans aren't allowed to do business with them, and anything those people own in the U.S. is frozen, kind of like when a toy gets taken away and can't be played with anymore.

  • Type:Notice
    Citation:90 FR 9664
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added two individuals and one entity to its Specially Designated Nationals and Blocked Persons List. This means their property and interests in property under U.S. jurisdiction are blocked, and U.S. individuals and companies are generally prohibited from doing business with them. This action, which was issued on February 11, 2025, is part of OFAC's ongoing sanctions efforts. More details can be found on OFAC's website.

    Simple Explanation

    The U.S. Treasury made a special list of people and a company that Americans can’t trade with because they did something wrong, but they didn’t say who they are or why in the document.

  • Type:Notice
    Citation:89 FR 104309
    Reading Time:about 4 minutes

    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.

    Simple Explanation

    The U.S. government made a list of people they think were helping with bad behavior, like corruption, and said nobody in the U.S. can do business with them. These people's things in the U.S. are also locked up and can't be used.

  • 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 12936
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that several individuals and vessels have been placed on the Specially Designated Nationals and Blocked Persons List (SDN List). This decision is based on their determination that the legal criteria for sanctions were met. As a result, their property and interests in these properties under U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from conducting transactions with them. The listed vessels are associated with entities that are blocked under Executive Order 13902, emphasizing their link to Iranian interests.

    Simple Explanation

    The government decided that some people and boats did something they shouldn't have, so their stuff is now off-limits, and U.S. people can’t do business with them.

  • Type:Notice
    Citation:89 FR 101095
    Reading Time:about 5 minutes

    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.

    Simple Explanation

    The U.S. Treasury has put some people and companies from Russia on a special list because they broke certain rules, so now Americans can't do business with them. This is to stop them from using their money and things they own in America.

  • Type:Notice
    Citation:90 FR 10847
    Reading Time:about 3 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that several individuals and entities have been added to its Specially Designated Nationals and Blocked Persons List. This means their property and interests that are within U.S. jurisdiction are now blocked, and U.S. individuals and companies are generally not allowed to do business with them. The designations include James Kabarebe from Rwanda and Lawrence Kanyuka Kingston linked to the Democratic Republic of the Congo, along with his business activities related to Kingston Fresh Ltd and Kingston Holding. These actions are based on sanctions aimed at addressing the conflict in the Democratic Republic of the Congo.

    Simple Explanation

    The U.S. Treasury has a special list of people and businesses that people in the U.S. aren't allowed to do business with. They added some new names to this list because they are connected to problems happening in the Democratic Republic of the Congo.

  • Type:Notice
    Citation:86 FR 8472
    Reading Time:about 2 minutes

    The Secretary of State has imposed sanctions on six individuals in accordance with the President's Executive Order on Hong Kong Normalization. These individuals are accused of being leaders in implementing the National Security Law, engaging in activities such as arresting and detaining individuals. As a result, these individuals have been added to the list of Specially Designated Nationals and Blocked Persons, meaning their assets in the U.S. are blocked and U.S. persons are prohibited from dealing with them. The decision took effect on January 15, 2021.

    Simple Explanation

    The Secretary of State decided to freeze the money and stop Americans from working with six people who were helping make a new law in Hong Kong, because that law could be bad for some people.

  • Type:Notice
    Citation:89 FR 95355
    Reading Time:about 2 minutes

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, has announced sanctions against individuals now included on the Specially Designated Nationals and Blocked Persons List (SDN List). These individuals have been identified as involved in serious human rights abuses or corruption. As a result, all their properties and interests within the U.S. are blocked, and American citizens are not allowed to conduct any transactions with them. This action is part of OFAC's efforts to combat human rights abuses globally.

    Simple Explanation

    The U.S. government has put some people on a special list because they've done bad things, like being mean to others or stealing. Now, their stuff in the U.S. is frozen, and Americans aren't allowed to buy from or sell to them.