Treasury Freezes Assets of Sanctioned Ships and Individuals
Published Date: 6/13/2025
Notice
Summary
The U.S. Treasury’s OFAC just added some people and ships to a special blacklist because they broke important rules. This means any money or property they have in the U.S. is frozen, and Americans can’t do business with them. If you’re involved, watch out—these changes take effect right away and could impact money and deals fast!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Listed persons’ U.S. assets frozen
OFAC put one or more people on the Specially Designated Nationals (SDN) list. All property and interests in property of those people that are subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from doing transactions with them.
Vessels added to SDN list as blocked property
OFAC added one or more vessels to the SDN list and identified those vessels as property in which a blocked person has an interest. Those vessels are treated as blocked property, and U.S. persons are generally prohibited from engaging in transactions involving them.
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Key Dates
Department and Agencies
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