Treasury Freezes Assets of Hizballah-Linked Terrorism Supporters
Published Date: 8/25/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of certain people linked to terrorism, like Vasfi Akyuz, stopping Americans from doing business with them. This action started on August 20, 2026, and means any money or property they have under U.S. control is frozen. It’s a strong move to cut off support for groups like Hizballah and keep the financial system safe.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Assets of Listed Persons Frozen
On August 20, 2026, OFAC blocked all property and interests in property subject to U.S. jurisdiction of the named persons and entities (for example, Vasfi Akyuz and HIZBALLAH). That means any money or property they have under U.S. control is frozen and cannot be moved.
U.S. Persons Prohibited From Transacting
OFAC's notice says U.S. persons are generally prohibited from engaging in transactions with the listed individuals and entities as of August 20, 2026. This prohibits U.S. individuals and businesses from providing money, goods, or services to those listed.
Designations Carry Secondary Sanctions Risk
The notice indicates the listed entries carry a "Secondary sanctions risk" under section 1(b) of Executive Order 13224, as amended. That flags these persons and entities for potential additional sanctions consequences if others engage with them.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-17263, Notice of OFAC Sanctions Action
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.
2026-17265, 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.
2026-16573, 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.
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In accordance with the Paperwork Reduction Act of 1995 (PRA), the Federal Trade Commission (FTC or Commission) is seeking public comment on its proposal to extend for an additional three years the information collection requirements contained in the agency's rule governing Standards for Safeguarding Customer Information (the Safeguards Rule). The current clearance expires on December 31, 2026.
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