Treasury's OFAC Goes Digital: Easier Escape from Sanctions Lists?
Published Date: 2/25/2026
Notice
Summary
The Treasury’s Office of Foreign Assets Control (OFAC) is updating how people ask to remove themselves or their property from sanctions lists by launching a new online Sanctions Reconsideration Portal. This change makes the process faster and easier for anyone affected by sanctions, like businesses or individuals. Comments on this update are open until March 27, 2026, and no new fees are involved.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
New Online Sanctions Reconsideration Portal
OFAC is creating a voluntary online Sanctions Reconsideration Portal under OMB control number 1505-0164 to collect specific information from petitioners asking to remove a person or property from OFAC sanctions lists. OFAC estimates about 300 unique respondents will use the Portal, with an average of three hours per submission, and says the Portal will make collecting and reviewing reconsideration requests more efficient.
No New Fees for Portal Use
OFAC states that launching the Sanctions Reconsideration Portal involves no new fees for users. The Portal is voluntary and petitioners will not be charged an additional fee to submit reconsideration requests.
Added Paperwork Burden for Petitioners
OFAC estimates the Sanctions Reconsideration Portal will add about 900 annual burden hours (300 responses × an average 3 hours per response). OFAC also incorporates the Unblocking/Transfer Report Form (TD F 93.10, approved September 11, 2025), which together increase the reporting burden modestly within the overall information collection.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-16573, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-16153, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC updated its sanctions list by unblocking one company and two aircraft, meaning their U.S. assets are now free to use. Meanwhile, they updated info on a person from Iraq who remains blocked, keeping their assets frozen. These changes took effect on August 5, 2026, impacting who can access money or property under U.S. rules.
2026-15996, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-15849, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and vessels that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. The vessels placed on the SDN List have been identified as property in which a blocked person has an interest.
2026-15785, Notice of OFAC Sanctions Action
On July 30, 2026, OFAC lifted sanctions on Cagri Duransoy, unblocking his property and allowing normal dealings again. At the same time, OFAC added new people, like Xin Tang from China, to the sanctions list, freezing their U.S.-based assets and banning U.S. folks from doing business with them. These moves shake up who can and can’t access money or property under U.S. rules, effective immediately.
2026-15356, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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