Notice of OFAC Sanctions Action

Source: US OFAC news
Summary: The notice announces OFAC’s designation of individuals and entities to the Specially Designated Nationals (SDN) List under Executive Order 13902, blocking their U.S. property and prohibiting transactions with them. This action falls under U.S. sanctions programs, not export control legislation like ITAR or EAR. The designations are based on legal criteria tied to sanctions authorities, restricting U.S. persons from engaging with the listed parties. OFAC enforces these measures to address threats to national security or foreign policy.
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Source: US OFAC news
Summary: The notice announces OFAC’s designation of individuals and entities to the Specially Designated Nationals (SDN) List under Executive Order 13902, blocking their U.S. property and prohibiting transactions with them. This action falls under U.S. sanctions programs, not export control legislation like ITAR or EAR. The designations are based on legal criteria tied to sanctions authorities, restricting U.S. persons from engaging with the listed parties. OFAC enforces these measures to address threats to national security or foreign policy.
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