International Lists
🧾 International lists includes data about individuals and entities in the politic sector or trade restrictions.
OFAC Sanctions Lists are databases published by the Office of Foreign Assets Control, which identify individuals, companies, organizations, vessels and aircrafts that are restricted from engaging in financial or commercial activities with U.S. persons or entities.
The OFAC maintains several sanctions lists, called the Specially Designated Governments (SDN) List and Non-SDN consolidated.
When some person or entity appears on these lists, their assets under U.S. jurisdiction are frozen, and U.S. persons are generally prohibited from dealing with them.
The Office of Foreign Assets Control (OFAC) provides sanctions lists information services with Specially Designated Governments(SDN) list and the Non-SDN Consolidated List.
It is important for governments, businesses, and individuals alike, to understand and respect these lists is aessential to operating responsibly in today’s interconnected world.
• SDN List: The Specially Designated Governments List contains individuals and entities subject to U.S. sanctions. Includes individuals and entities owned or controlled by, or acting for or on behalf of, targeted countries. That list also show records about terrorists, narcotics traffickers, and others whose activities threaten U.S. interests.
• Non-SDN Consolidated Lists: Consolidated Sanctions List: Includes all the non-SDN lists, such as the Foreign Sanctions Evaders List and Sectoral Sanctions Identifications List. Database with other sectoral sanctions lists, non-SDN lists, and consolidated lists that cover specific programs (e.g., sanctions on Russia, Iran, North Korea).
Companies must implement OFAC compliance programs like screening software, risk-based approaches, and reporting obligations.
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