Treasury Blacklist Grows by Several New Names
Published Date: 6/24/2026
Notice
Summary
The U.S. Treasury’s Office of Foreign Assets Control (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, starting June 18, 2026. This move aims to stop bad actors from using the U.S. financial system and could impact any money tied to them.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Designated Persons' U.S. Assets Frozen
On June 18, 2026, OFAC blocked all property and interests in property subject to U.S. jurisdiction of the person(s) it added to the Specially Designated Nationals (SDN) List. That means money or other property in the United States tied to those listed persons is frozen and cannot be used or moved.
U.S. Persons Barred From Transactions
Starting June 18, 2026, U.S. persons are generally prohibited from engaging in transactions with the individuals or entities OFAC added to the SDN List. If you are a U.S. person or run a U.S. business, you generally may not do business with those listed persons.
SDN List Published Online
OFAC publishes the names on its Specially Designated Nationals (SDN) List and related information on its website (https://ofac.treasury.gov). You can check that list and contact OFAC using the provided licensing and compliance phone numbers and web contact options.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-11896 — Notice of OFAC Sanctions Action
On June 10, 2026, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) blocked the property of certain people by adding them to a special sanctions list. This means U.S. folks can’t do business with these individuals, and any money or property they have under U.S. control is frozen. These actions help keep bad actors from using the U.S. financial system.
2026-11761 — Publication of the List of Medical Devices Requiring Specific Authorization for the North Korea Sanctions Regulations
Starting June 11, 2026, certain medical devices can’t be sent to North Korea without special permission from the U.S. Treasury. This new list affects exporters who now need to get specific approval before shipping these devices, helping keep sanctions strong while allowing some medical aid. If you’re in the business of sending medical gear, watch your paperwork and timing to avoid costly delays!
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