“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 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.”
[“As part of the re-imposition of U.S. sanctions, over 700 persons have been designated or identified and added to the SDN List today, including persons that had been removed from the SDN List in connection with the JCPOA. The List of Persons Identified as Blocked Solely Pursuant to Executive Order 13599 (the E.O. 13599 List) was created to clarify that, regardless of their removal from the SDN List on January 16, 2016, persons that OFAC had previously identified as meeting the definition of the Government of Iran or an Iranian financial institution still met those definitions and continued to be persons whose property and interests in property were blocked pursuant to Executive Order 13599 and section 560.211 of the ITSR. On November 5, 2018, OFAC moved persons identified as meeting the definition of the terms ‘Government of Iran’ or ‘Iranian financial institution’ from the E.O. 13599 List to the SDN List as appropriate, and removed the E.O. 13599 List from its website.”]
85 FR 18334-64
Published 04-01-2020
