Treasury Freezes More Assets in Routine Sanctions Update
Published Date: 1/22/2025
Notice
Summary
On January 15, 2025, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added new people to its Specially Designated Nationals (SDN) List. This means their property in the U.S. is frozen, and Americans can’t do business with them. These actions help protect U.S. interests and enforce important rules about who can and can’t access money or property here.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New SDN Listings Freeze Assets
On January 15, 2025, 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 of those persons that are subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-20215, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just added new people to its blacklist, meaning their U.S.-based money and property are frozen. Americans can’t do business with these folks anymore, starting September 29, 2026. This move aims to stop bad actors from using the U.S. financial system and sends a clear message: no funny business allowed!
2026-20008, Publication of Venezuela Sanctions Regulations Web General Licenses 52, 53, 54, 55, 56, 57, and 58
The Treasury’s Office of Foreign Assets Control (OFAC) has officially published seven new general licenses (GLs 52-58) that let certain U.S. businesses do specific transactions with Venezuelan companies, especially those linked to the state oil company PdVSA. These licenses, issued between March and May 2026, clarify what’s allowed under Venezuela sanctions, helping companies avoid penalties while doing business. If you’re involved in trade or finance with Venezuela, these updates are key to keeping your operations smooth and legal.
2026-20032, Notice of OFAC Sanctions Action
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has 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, starting from August 7, 2026. This move helps keep bad actors from using the U.S. financial system and sends a clear message about following the rules.
2026-20010, Publication of Iran-Related Web General Licenses X and X1
The Treasury’s Office of Foreign Assets Control (OFAC) published two special Iran-related licenses called GL X and GL X1. GL X started on June 21, 2026, but was replaced by GL X1 on July 7, which then expired on July 17, 2026. These licenses allowed certain transactions that are usually banned, affecting businesses and individuals dealing with Iran, but the short time frame means the money impact was limited.
2026-20009, Publication of Venezuela Sanctions Regulations Web General Licenses 46D, 47B, 48C, 50C, 51C, 52B, 54B, and 61A
The Treasury’s Office of Foreign Assets Control (OFAC) just published updated general licenses for Venezuela sanctions, replacing older versions to clarify what’s allowed. These changes mainly affect businesses dealing with Venezuelan oil and petrochemical products, letting certain transactions happen legally again. The new licenses took effect on August 27, 2026, helping companies navigate sanctions without risking penalties.
2026-20007, Removing Duplicative Penalties Information and Reorganizing Certain Parts
The Treasury’s Office of Foreign Assets Control (OFAC) is cleaning up its rules by removing repeated penalty info and pointing everyone to one clear place for penalty details. They’re also reorganizing key info like authority and recordkeeping at the start of each section to make things easier to find. This change affects anyone dealing with OFAC sanctions and takes effect on September 30, 2026, with no new costs involved.
Previous / Next Documents
Previous: 2025-01431, Columbia Gas Transmission, LLC; Notice of Request Under Blanket Authorization and Establishing Intervention and Protest Deadline
Columbia Gas Transmission wants to shut down and plug one old well and its pipeline in West Virginia because it’s not working well and costs too much to maintain. This cleanup will help keep things safe and save money, costing about $862,500. If you want to speak up or get involved, you need to act before the deadline set by the Federal Energy Regulatory Commission.
Next: 2025-01433, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just added Yusuf Alekperov, a Russian energy sector figure, to its sanctions blacklist. This means all his U.S.-related property is frozen, and Americans can’t do business with him. The move, effective January 10, 2025, aims to tighten the squeeze on Russia’s harmful activities, especially linked to Ukraine.