OFAC Sanctions Lists OFAC publishes lists of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific.
What does OFAC check for?
For example, an Office of Foreign Assets Control (OFAC) check indicates “specially designated nationals, terrorists, narcotics traffickers, blocked persons and vessels and parties subject to various economic sanctioned programs who are forbidden from conducting business in the United States, as well as entities subject ...
Can you tell someone they are on the OFAC list?
Can I tell the customer they are on the OFAC list? You are permitted to inform customer they are on the OFAC list, and that is the reason their assets were blocked or transaction rejected.
What is an OFAC SDN search?
As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. ... Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs."4 days ago
Are US citizens on SDN List?
Specially Designated Nationals And Blocked Persons List (SDN) Human Readable Lists. ... Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them.4 days ago
Can US citizens be on the OFAC list?
U.S. persons must comply with OFAC regulations, including all U.S. citizens and permanent resident aliens regardless of where they are located, all persons and entities within the United States, all U.S. incorporated entities and their foreign branches.
What is the US SDN List?
The Specially Designated Nationals and Blocked Persons List, also known as the SDN List, is a United States government sanctions/embargo measure targeting U.S.-designated terrorists, officials and beneficiaries of certain authoritarian regimes, and international criminals (e.g., drug traffickers).
Who can be classified as a SDN?
U.S. Department of the Treasury It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs."4 days ago
How many names are on the OFAC list?
Due to the diversity among sanctions, we advise visiting the “Sanctions Programs and Country Information” page for information on a specific program. OFAC's Specially Designated Nationals and Blocked Persons List (“SDN List”) has approximately 6,300 names connected with sanctions targets.
Who is on OFAC sanctions list?
- Iran Sanctions.
- North Korea Sanctions.
- Ukraine-/Russia-related Sanctions.
- Cuba Sanctions.
- Syria Sanctions.
- Counter Terrorism Sanctions.
- Counter Narcotics Sanctions.
- Venezuela-related Sanctions.
What is the SDN list comprised of?
The list is managed by the Office of Foreign Assets ControlOffice of Foreign Assets ControlThe Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the U.S. Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives.https://en.wikipedia.org › Office_of_Foreign_Assets_ControlOffice of Foreign Assets Control - Wikipedia. The SDN list contains tens of thousands of companies, organizations, and individuals who have been identified as posing a threat to U.S.U.S.us is the Internet country code top-level domain (ccTLD) for the United States. It was established in early 1985. Registrants of . us domains must be U.S. citizens, residents, or organizations, or a foreign entity with a presence in the United States.https://en.wikipedia.org › wiki.us - Wikipedia national security and foreign and economic policy.
What is the meaning of non SDN list?
When full blocking sanctions in a statute or other authority are imposed on a person, that person is identified solely on OFAC's List of Specially Designated Nationals and Blocked Persons (SDN List). ...Aug 20, 2021
What does it mean if you are on the OFAC list?
If someone is placed on the list, it means they have been acting against the foreign policy and sanctions policy of the United States and have effectively been walled off from the international marketplace, particularly the U.S. financial system.