Treasury Freezes Assets of New Sanctions Targets
Published Date: 7/17/2026
Notice
Summary
On July 10, 2026, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added new people to its blacklist, blocking their property and stopping Americans from doing business with them. This means any money or assets these folks have under U.S. control are frozen, and no transactions with them are allowed. If you’re a U.S. person, watch out—these changes could affect your financial dealings starting now!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Designated Persons' U.S. Assets Frozen
On July 10, 2026, the Treasury added one or more people to OFAC's Specially Designated Nationals (SDN) List. Any money or property those listed people have under U.S. jurisdiction is blocked and frozen, meaning U.S. persons cannot transfer, use, or access those assets.
U.S. Persons Prohibited From Transactions
Beginning with the July 10, 2026 action, U.S. persons are generally prohibited from engaging in transactions with the individuals added to OFAC's SDN List. Americans and U.S.-based businesses must not do business with those listed people or process transactions involving them.
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Key Dates
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Related Federal Register Documents
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