Notice of OFAC Sanctions Action
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law publishes the names of individuals and entities added to the OFAC Specially Designated Nationals and Blocked Persons List. Their property within U.S. jurisdiction is blocked, and U.S. persons cannot engage in transactions with them. Targeted are those linked to the Cartel del Noreste involved in drug trade and terrorism.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Addition of individuals to the OFAC SDN List
- Blocking of property and interests in property
- Prohibition of transactions with listed persons
Obligations
What this law requires
U.S. persons are prohibited from engaging in any transactions with individuals and entities listed on the OFAC Specially Designated Nationals and Blocked Persons List.
All property and interests in property of individuals and entities on the OFAC SDN List that are subject to U.S. jurisdiction must be blocked.
Organizations providing financial, material, or technological support for or in relation to the Cartel del Noreste must cease such activities.
Establishments and organizations must ensure they do not provide goods or services to individuals and entities connected to the Cartel del Noreste.
Financial institutions must monitor transactions to detect and prevent any engagement with individuals or entities listed on the OFAC SDN List.