Notice2025-01578
Notice of OFAC Sanctions Action
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 23, 2025
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
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 (SDN 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 this person is blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Full Text
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<title>Federal Register, Volume 90 Issue 14 (Thursday, January 23, 2025)</title>
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[Federal Register Volume 90, Number 14 (Thursday, January 23, 2025)]
[Notices]
[Page 8090]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01578]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Action
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
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SUMMARY: 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 (SDN 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 this person is blocked, and
U.S. persons are generally prohibited from engaging in transactions
with them.
DATES: This action was issued on January 15, 2025. See SUPPLEMENTARY
INFORMATION section for relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global
Targeting, 202-622-2420; Assistant Director for Sanctions Compliance,
202-622-2490 or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The SDN List and additional information concerning OFAC sanctions
programs are available on OFAC's website: <a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>.
Notice of OFAC Actions
On January 15, 2025, OFAC determined that the person identified
below meets one or more of the criteria for the imposition of sanctions
set forth in section 11(a) of Executive Order 14024 of April 15, 2021,
``Blocking Property With Respect To Specified Harmful Foreign
Activities of the Government of the Russian Federation,'' (E.O. 14024),
as amended by Executive Order 14114 of December 22, 2023, ``Taking
Additional Steps With Respect to the Russian Federation's Harmful
Activities'' (E.O. 14114). OFAC has determined to impose blocking
sanctions pursuant to section 11(b)(ii) of E.O. 14024, as amended by
E.O. 14114 on the person identified below, and therefore all of the
person's property and interests in property that are in the United
States, that hereafter come within the United States, or that are or
hereafter come within the possession or control of any United States
person, are blocked, and such property and interests in property may
not be transferred, paid, exported, withdrawn, or otherwise dealt in.
Entity
1. OJSC KEREMET BANK, 40/4 Togolok Moldo str, Bishkek 720001,
Kyrgyzstan; SWIFT/BIC RINBKG22; website <a href="https://keremetbank.kg">https://keremetbank.kg</a>;
Secondary sanctions risk: See Section 11 of Executive Order 14024.;
BIK (RU) 136001; Target Type Financial Institution; Tax ID No.
02012201010017 (Kyrgyzstan); Global Intermediary Identification
Number NNNQ6K.99999.SL417 [RUSSIA-EO14024].
Designated pursuant to section 11(a)(ii) of Executive Order
14024 of April 15, 2021, ``Blocking Property With Respect To
Specified Harmful Foreign Activities of the Government of the
Russian Federation,'' 86 FR 20249, 3 CFR, 2021 Comp., p. 542 (Apr.
15, 2021) (E.O. 14024) as amended by Executive Order 14114 of
December 22, 2023, ``Taking Additional Steps With Respect to the
Russian Federation's Harmful Activities,'' 88 FR 89271, 3 CFR, 2023
Comp., p. 721 (Dec. 22, 2023) (E.O. 14114) for having conducted or
facilitated any significant transaction or transactions, or provided
any service, involving Russia's military-industrial base, including
the sale, supply, or transfer, directly or indirectly, to the
Russian Federation of any item or class of items as may be
determined by the Secretary of the Treasury, in consultation with
the Secretary of State and the Secretary of Commerce.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2025-01578 Filed 1-22-25; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on January 23, 2025.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.