US AND INTERNATIONAL LISTS OF
SANCTIONED, DESIGNATED OR
TARGETED COUNTRIES AND ENTITIES

 

The U.S. Office of Financial Assets Control - Sanctions Lists

The United States Government restricts involvement with certain foreign countries, persons and entities pursuant to several sanction programs.  The Office of Financial Assets Control (OFAC), part of the U.S. Treasury Department, maintains lists of countries and entities that are subject to these sanctions. 

It is very important that you check these lists and that you do not enter into prohibited business transactions with the countries, individuals or entities cited:
  • The Specially Designated Nationals List – a list of individuals and entities controlled by targeted countries, or designated under programs that are not country-specific.  In general, no U.S. person may engage in any activity with anyone on the list.  To access this list, go to:
    http://www.treas.gov/offices/enforcement/ofac/sdn/index.html and click on “Complete Specially Designated Nationals List.”  The alphabetical list is available in PDF format and is word searchable from the toolbar.
It is important that businesses become familiar with these lists, and with the sanctions programs administered by OFAC.  While jewelry companies are not required by the U.S. Patriot Act to review the OFAC lists, a company will be subject to penalty if it engages in a prohibited transaction with a listed country, person or entity .  Many businesses check the lists on a periodic basis as part of their anti-money laundering program.  For more information about sanctions programs generally, visit the U.S. Treasury Resource Center webpage at:

http://www.treasury.gov/resource-center/sanctions/Pages/default.aspx


Other U.S. and International Lists

Non-Cooperative Countries and Territories (Financial Action Task Force)

FATF monitors countries for cooperation with AML efforts and lists those countries that are non-cooperative.  There are currently no countries on the list (as of March 2011) but that is subject to change.  Check this site for updates: http://www.fatf-gafi.org/topics/high-riskandnon-cooperativejurisdictions/

Denied Persons List, Bureau of Industry and Security, U.S. Department of Commerce

Check the parties to your international transaction against this and other lists to identify persons that are restricted or prohibited from engaging in U.S. export transactions.  Find the Denied Persons list at: http://www.bis.doc.gov/dpl/thedeniallist.asp

Unverified List, Bureau of Industry and Security (BIS), U.S. Department of Commerce

This is a list of foreign persons who could not be verified pursuant to BIS protocols.  Any transaction with a listed person raises a red flag that you may be in violation of an export regulation.  Check the list at: http://www.bis.doc.gov/enforcement/unverifiedlist/unverified_parties.html 


The Entity List, Bureau of Industry and Security (BIS), U.S. Department of Commerce

This is a list of foreign persons and entities that are subject to specific license requirements for the export, re-export and transfer (in-country) of specified items.  Check this list at: http://www.bis.doc.gov/entities/default.htm

Consolidated List of Individuals and Entities Belonging To or Associated With The Taliban and Al-Qaida, United Nations
http://www.un.org/Docs/sc/committees/1267/1267ListEng.htm

Information on the Agencies and Organizations Responsible for the Lists

 

GOVERNMENT FORMS:
FINCEN'S SUSPICIOUS ACTIVITY REPORT
AND IRS FORM 8300

 
 
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Does Not Provide Any Form Of Legal Advice.
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