Notice of OFAC Sanctions Action
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Issuing agencies
Abstract
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and vessels 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 these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. The vessels placed on the SDN List have been identified as property in which a blocked person has an interest.
Full Text
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<title>Federal Register, Volume 90 Issue 122 (Friday, June 27, 2025)</title>
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[Federal Register Volume 90, Number 122 (Friday, June 27, 2025)]
[Notices]
[Pages 27754-27756]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-11895]
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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 and
vessels 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 these persons are
blocked, and U.S. persons are generally prohibited from engaging in
transactions with them. The vessels placed on the SDN List have been
identified as property in which a blocked person has an interest.
DATES: This action was issued on June 20, 2025. See Supplementary
Information for relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global
Targeting, 202-622-2420; Assistant Director for Licensing, 202-622-
2480; 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 Action
On June 20, 2025, OFAC published the following revised information
for the entries on the SDN List for the following persons blocked under
the relevant sanctions authorities listed below.
BILLING CODE 4810-AL-P
[[Page 27755]]
[GRAPHIC] [TIFF OMITTED] TN27JN25.070
BILLING CODE 4810-AL-C
On June 20, 2025, OFAC also determined that circumstances no longer
warrant the inclusion of the following person on the SDN List and their
property and interests in property are no longer blocked pursuant to
E.O. 13224:
Entity
1. SAKAN GENERAL TRADING (a.k.a. ROYAL CREDIT GENERAL TRADING;
a.k.a. SAKAN GENERAL TRADING, LLC), 14th Floor, Office 1401, Al Owais
Business Tower, 53, 24th Street, Al Sabkha-115, Deira, Dubai, United
Arab Emirates; Additional Sanctions Information--Subject to Secondary
Sanctions; Secondary sanctions risk: section 1(b) of
[[Page 27756]]
Executive Order 13224, as amended by Executive Order 13886; License
611462 (United Arab Emirates) [SDGT] [IFSR] (Linked To: ANSAR
EXCHANGE).
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2025-11895 Filed 6-26-25; 8:45 am]
BILLING CODE 4810-AL-P
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</html>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.