Search Results for keywords:"Blocked Persons"

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Search Results: keywords:"Blocked Persons"

  • Type:Notice
    Citation:90 FR 8320
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is announcing that certain individuals have been added to the Specially Designated Nationals and Blocked Persons List. This decision is based on OFAC's judgment that specific legal criteria have been met. As a result, all property and interests in property under U.S. jurisdiction belonging to these individuals are blocked, and U.S. citizens are generally forbidden from engaging in any transactions with them. More details, including the list, can be found on OFAC's website.

    Simple Explanation

    The government made a list of people who are not allowed to do business with American people or companies because they did something wrong. This means all their stuff in America is now locked away.

  • Type:Notice
    Citation:89 FR 103921
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a notice listing individuals or entities added to the Specially Designated Nationals and Blocked Persons List (SDN List). This means their assets under U.S. jurisdiction are blocked, and American individuals and companies are generally banned from engaging in transactions with them. The notice fulfills applicable legal criteria for sanctions. More information is available on the OFAC website.

    Simple Explanation

    The U.S. Treasury has named some people or companies that they won't do business with anymore, and now others in the U.S. can't either because their things are on a special blocked list.

  • Type:Notice
    Citation:90 FR 10152
    Reading Time:about 2 minutes

    The Department of State has identified individuals who have been added to the Treasury Department's Specially Designated Nationals and Blocked Persons List, due to their involvement in harmful activities linked to the Russian government. As a result, the property and interests of these individuals in the U.S. are blocked, and U.S. citizens are generally banned from conducting transactions with them. The full list can be accessed through the Office of Foreign Asset Control's website.

    Simple Explanation

    The U.S. Government has decided to stop some people from doing business in the U.S. because they did something harmful with the Russian government. This means these people can't use their money or things in the U.S., and Americans aren't allowed to trade with them.

  • 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 8429
    Reading Time:about 4 minutes

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has unblocked the property and interests of certain individuals and entities, removing them from the list of Specially Designated Nationals and Blocked Persons. These changes were determined on January 13, 2025, and involve several individuals from Mexico and Colombia and entities located in Honduras and Mexico. The names and details of those affected are available on OFAC's website.

    Simple Explanation

    The government has decided that some people and companies from different countries are no longer on a bad list, meaning they can use their stuff like everyone else, and you can see their names on a special website.

  • Type:Notice
    Citation:90 FR 739
    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 individuals who are now on the Specially Designated Nationals and Blocked Persons List (SDN List). This action is based on OFAC's determination that certain legal criteria were met. As a result, all their property and interests in property that fall under U.S. jurisdiction are blocked, and U.S. persons are generally not allowed to engage in transactions with them. The list and more information about the sanctions are available on OFAC's website.

    Simple Explanation

    The U.S. government has put some people on a special list because they broke certain rules, and now they can't use their money or things in the U.S., and people in the U.S. can't do business with them.

  • Type:Notice
    Citation:90 FR 11775
    Reading Time:about a minute or two

    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.

    Simple Explanation

    The U.S. government has put a stop sign for one person and one company, saying no one in the U.S. can do business with them because they've done something wrong. They've locked up any stuff they have in the U.S., sort of like taking away their toys until they behave better.

  • 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.