2026-11042NoticeWallet

Treasury Adds More Names to Sanctions List

Published Date: 6/3/2026

Notice

Summary

The U.S. Treasury’s OFAC just added new people from Iran to its sanctions blacklist, meaning their U.S.-based assets are frozen and Americans can’t do business with them. This move, effective May 29, 2026, targets individuals linked to terrorism and blocks their property under strict rules. If you’re a U.S. person, watch out—these changes could affect your transactions and financial dealings immediately.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

New SDN Listings Freeze Assets

On May 29, 2026, the Treasury's OFAC added one or more persons to the Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of those listed persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

Secondary Sanctions Risk Noted

Many of the persons listed include a note of "Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886." That designation signals an elevated sanctions risk tied to these persons under section 1(b) of E.O. 13224.

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Key Dates

Effective Date
Published Date
5/29/2026
6/3/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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