U.S. Office of Foreign Asset Control Releases Updated SDN List

On July 9, 2019, the U.S. Treasury’s Office of Foreign Asset Control (OFAC) publishes n updated list 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. These individuals and companies are called Specially Designated Nationals (SDNs) Their assets are blocked and U.S. persons are generally prohibited from dealing with them. More information and the updated list can be found through this link.