Treasury Slaps Sanctions on One More Global Bad Actor
Published Date: 8/25/2026
Notice
Summary
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has 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 this person are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
U.S. Persons Blocked From Dealing With SDN
On August 7, 2026, OFAC added BLUWAVES PROPERTIES LIMITED (British Virgin Islands; Registration Number 2056404; established March 5, 2021) to the Specially Designated Nationals (SDN) List for operating in Venezuela's oil sector. All of that person's property and interests in property subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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Key Dates
Department and Agencies
Related Federal Register Documents
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2026-17265, Notice of OFAC Sanctions Action
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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.
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