Search Results for citation:"89 FR 95355"

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Search Results: citation:"89 FR 95355"

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  • 2024-28166 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:89 FR 95355
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    The U.S. Treasury Department is making a list of people from the Gulf Cartel who are not allowed to do business in the United States because they are involved in bad activities. This means that people in America shouldn't buy or sell anything with them.

  • 2024-28084 — Notice of OFAC Sanctions Actions
    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.