Treasury Blacklists Bad Actors: Assets Frozen, Deals Banned Instantly
Published Date: 6/16/2025
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, so watch out for blocked transactions. This move helps keep bad actors from using the U.S. financial system, and it’s effective immediately!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Designated persons' U.S. assets frozen
When someone is added to OFAC's Specially Designated Nationals (SDN) List, all their property and interests in property that are under U.S. jurisdiction are blocked. That means their money and property in the United States are frozen.
U.S. persons barred from dealing with designees
If a person is on OFAC's SDN List, U.S. persons are generally prohibited from doing business with them. That means Americans and U.S. businesses should not engage in transactions with those listed people, and transactions may be blocked, effective immediately.
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Key Dates
Department and Agencies
Related Federal Register Documents
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2026-11601 — Publication of International Criminal Court-Related Sanctions Regulations Web General License 11
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