Treasury Adds Nicaraguan to Sanctions Blacklist
Published Date: 4/21/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of Santiago Hernan Bermudez Tapia from Nicaragua, adding him to a special sanctions list. This means Americans can’t do business with him, and any money or property he has under U.S. control is frozen. The action took effect on April 16, 2026, signaling tighter restrictions and financial freezes related to Nicaragua.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
OFAC Blocks Property; Transactions Prohibited
On April 16, 2026, the U.S. Treasury's Office of Foreign Assets Control (OFAC) added Santiago Hernan Bermudez Tapia and several named individuals and entities to the Specially Designated Nationals (SDN) List. All property and interests in property of those listed that are subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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