OFAC Slaps New Sanctions on Global Blacklist Targets
Published Date: 2/27/2025
Notice
Summary
The U.S. Treasury’s OFAC just added new people to its blacklist, meaning their money and property in the U.S. are frozen. Americans can’t do business with these folks anymore, helping keep bad actors in check. This move is effective immediately and aims to protect the economy and national security.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New SDN Listings Freeze Assets
The Treasury's Office of Foreign Assets Control (OFAC) added one or more persons to the Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of those persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them, effective immediately.
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