This release describes the required blocking of credit union transactions by persons appearing on “OFAC lists” of Specially Designated Nationals and Blocked Persons.
OFAC comprehensive sanctions programs target Burma (Myanmar), Cuba, Iran and Sudan. Other non-comprehensive programs include the Western Balkans, Belarus, Cote d’Ivoire, Democratic Republic of the Congo, Iraq, Liberia (Former Regime of Charles Taylor), Persons Undermining the Sovereignty of Lebanon or Its Democratic Processes and Institutions, North Korea, Sierra Leone, Syria and Zimbabwe. (rev. 11-16-07)