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What Are SDNs and Sanctions Lists?


A sanction is a penalty for disobeying a law or rule. In international trade, a sanction may be placed on an entity to forbid others from conducting business with said entity. The U.S. Office of Foreign Assets Control (OFAC) manages a wide range of sanctions programs but has consolidated listed entities and individuals onto their Specially Designated Nationals and Blocked Persons (SDN) List. OFAC has authority over any transactions with a strong U.S. nexus, such as the use of a U.S. bank or the trade of goods that were handled in the U.S. at any point of the supply chain. Entities and individuals can be sanctioned to a variety of degrees depending on which program is relevant to their offense.


Watch our video above to learn more about SDNs and Sanctions Lists. Have additional questions? Give our office a call today.


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Our law firm helps growing companies who import and export comply with government regulations. We love what we do and we take our oath of confidentiality over your matters very seriously. How much? Watch this video to learn about it. CLICK HERE


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