This tool employs fuzzy logic in its name search field to identify potential matches with the OFAC SDN List and the Consolidated Sanctions List. Conducting an OFAC check using this tool helps businesses determine whether an individual or entity is allowed to engage in financial and trade ...
The OFAC SDN list is crucial in the United States' efforts to combat terrorism financing and enforceanti money launderingcompliance. Issued by the OFAC, this list is a key element of the U.S. Treasury's strategy for selective sanctions. Unlike broad sanctions that target entire countries, selec...
What is the OFAC Sanctioned Country List? There are a number of countries that are currently contained within the OFAC countries list. These are continuously updated and may not be accurate at the time of reading. As of publishing, the current sanctioned list includes countries such as: ...
List-based sanctions are a powerful tool used by OFAC to achieve foreign policy objectives, protect national security, and safeguard the U.S. economy. The Specially Designated Nationals and Blocked Persons (SDN) List is maintained by OFAC and includes individuals, entities, and organizations deemed...
In the United States, sanctions enforcement is the responsibility of the Office of Foreign Assets Control (OFAC), which maintains the US’ Specially Designated Nationals (SDN) and Blocked Persons List. The SDN list sets out the individuals and companies that are currently targeted by US trade ...
US sanctions:Arguably the most influential global sanctions regime, theUS maintains multiple sanctions lists. The Office of Foreign Assets Control (OFAC) maintains its two primary sanctions lists: TheSpecially Designated Nationals(SDN) List: A list of individuals and companies currently targeted by US...
the Iran Nuclear Deal – but would place conditions on any such reentry or related actions involving Iran, including limits on the suspension of existing sanctions or the removal of individuals and entities from OFAC’s List of Specially Designated Nationals and Blocked Persons (“SDN List”). ...
OFAC published a Final Rule extending recordkeeping requirements from five to ten years, aligning with the extended statute of limitations for certain sanctions violations, and updated its SDN List. [3/20/25] FTC Reports Surge in Scam Losses to $12.5 Billion in 2024 ...