| Source: US OFAC news |
| Summary: The notice announces OFAC’s designation of individuals, entities, and vessels to the Specially Designated Nationals (SDN) List under U.S. sanctions authorities, including Executive Order 13902. This action blocks their property under U.S. jurisdiction and prohibits transactions with them by U.S. persons. The designations stem from violations of sanctions programs, not export control laws like ITAR or EAR. The focus is on enforcing economic and trade restrictions tied to national security and foreign policy objectives. |
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Notice of OFAC Sanctions Action
| Source: US OFAC news |
| Summary: The notice announces OFAC’s designation of individuals, entities, and vessels to the Specially Designated Nationals (SDN) List under U.S. sanctions authorities, including Executive Order 13902. This action blocks their property under U.S. jurisdiction and prohibits transactions with them by U.S. persons. The designations stem from violations of sanctions programs, not export control laws like ITAR or EAR. The focus is on enforcing economic and trade restrictions tied to national security and foreign policy objectives. |
| Read full article → |
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