Notice of OFAC Sanctions Action

Issuing agencies

Abstract

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has 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 are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

Full Text

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<title>Federal Register, Volume 91 Issue 163 (Tuesday, August 25, 2026)</title>
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[Federal Register Volume 91, Number 163 (Tuesday, August 25, 2026)]
[Notices]
[Page 54916]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-17263]


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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 name of one person that has 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 are blocked, and 
U.S. persons are generally prohibited from engaging in transactions 
with them.

DATES: This action was issued on August 7, 2026. 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 August 7, 2026, OFAC determined that the property and interests 
in property subject to U.S. jurisdiction of the following person are 
blocked under the relevant sanctions authority listed below.

Entity

    1. BLUWAVES PROPERTIES LIMITED, Virgin Islands, British; 
Organization Established Date 05 Mar 2021; Registration Number 
2056404 (Virgin Islands, British) [VENEZUELA-EO13850].
    Designated pursuant to section l(a)(i) of Executive Order 13850 
of November 1, 2018, ``Blocking Property of Additional Persons 
Contributing to the Situation in Venezuela,'' 83 FR 55243, 3 CFR, 
2018 Comp., p. 881, as amended by Executive Order 13857 of January 
25, 2019, ``Taking Additional Steps To Address the National 
Emergency With Respect to Venezuela,'' 84 FR 509, 3 CFR 2019 Comp., 
p. 251 (E.O. 13850) for operating in the oil sector of the 
Venezuelan economy.

(Authority: E.O. 13850.)

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-17263 Filed 8-24-26; 8:45 am]
BILLING CODE 4810-AL-P


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