What is on the OFAC list?

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.

Is the OFAC SDN list public?

OFAC Attorney: Yes. The SDN list is publicly available so that U.S. persons, banks, and financial institutions can identify and evaluate whether they are prohibited from transacting with a particular person.

What is OFAC Sdntk?

[SDNTK] Foreign Narcotics Kingpin Sanctions Regulations, 31 C.F.R. part 598​ SDN.

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.

What are OFAC red flags?

“Red Flag Indicators,” from the Department of Commerce’s Bureau of Industry and Security, encourage citizens to play an active role in the fight against proliferation and highlights specific activity indicative of potential export violations.

What is OFAC’s SDN list?

Specially Designated Nationals And Blocked Persons List (SDN) Human Readable Lists. 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.

What are the 3 types of OFAC sanctions?

OFAC Economic Sanctions Programs

• Diplomatic;
• Criminal Enforcement;
• Economic;
• Humanitarian; and.
• National Security.

What is the OFAC 50% rule?

OFAC’s 50 Percent Rule states that the property and interests in property of entities directly or indirectly owned 50 percent or more in the aggregate by one or more blocked persons are considered blocked.

What are the sanctioned countries?

Currently, sanctioned countries include the Balkans, Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe.